Home improvements are a constant for most homeowners, as older fixtures, materials, and designs are updated with more modern replacements. From the moment you buy a home, you are already evaluating what upgrades can be made to meet your design preferences, improve energy efficiency, convenience, and overall appeal. Everything from new paint, new kitchen counters, window replacement, and landscaping are considered when trying to make a house a home.
The same is also true when trying to sell a home, you look at completing upgrades that will appeal to a wider audience, in an effort to make your home more appealing to more consumer. Refurbished homes are the biggest sellers in the real estate market, as many buyers are looking for turn-key purchases. Renovating not only makes a home feel new again but also increases the overall property value.
Knowing the right improvements to complete can help you add maximum value to your home. Below, we outline five home improvement projects that are sure to add value to any home.
Window Replacement
Replacing your windows increases curb appeal and both the interior and exterior aesthetics of your home. New windows are known to improve the comfort of a home, as well as help reduce the energy consumption and the cost associated with it. When interested buyers view home with new windows, it provides them with peace of mind that the windows are all in great operating order, with no concern of breaking down any time soon (most window warranties are also transferable, so in the rare case of a defect they will be covered).
Bathroom Upgrade
You can easily make a home more appealing by completing a bathroom renovation. A modern bathroom design has the ability to make an average home stand out. Being memorable is always a good thing when selling, as it means more potential offers and a higher selling price for your home. A full renovation isn’t always required, completing small changes such as updating the cabinets, mirror, light fixtures and hardware can revitalise a dull bathroom.
Exterior Improvements
The outside of your home provides the first impression to guests and potential buyers alike. Updating your main entry door with a door that pops, but is still welcoming, is a great starting point. Another impactful upgrade is garage door replacement, which not only enhances the overall curb appeal but also adds modern functionality and security. A sleek and updated garage door can tie together the exterior look of your home, leaving a lasting impression on buyers. Improving your landscaping may not require too much effort—make sure your lawn is full and green, which might involve adding new sod in some areas or overseeding. Clean up any flower beds and around shrubs and trees to ensure a tidy appearance. Adding exterior lighting also goes a long way to beautify the exterior of a home, creating a warm and inviting atmosphere. Together, these updates can make a significant difference in your home’s overall value.
Kitchen Upgrades
The kitchen is the heart of the home, so it should be no surprise that most kitchen upgrades will add to the value of your home. Real estate agents note that most potential home buyers as to view the kitchen first before moving to the other rooms in a home. Upgrading appliances and hardware may be all that is needed to turn an older tired kitchen, into an appealing draw to your home.
When completing any home improvement project, you need to ask yourself “what is the main purpose of the renovation project?” Chances are the renovation will look different if it is for your own enjoyment and comfort versus if it is to increase the value of your home for resale purposes.
Basement Renovations
Transforming your basement into a functional living area is one of the most effective ways to increase your home’s value. Whether you create a cozy family room, an income-generating rental suite, or a modern home office, a finished basement adds both utility and appeal. For homes with limited ceiling height, basement underpinning can be considered to enhance the space’s usability, ensuring the renovation is as effective as possible.
Shutters
Shutters aren’t just window dressings; they’re a strategic investment that can significantly elevate the value of your home. Beyond their aesthetic appeal, shutters offer a multitude of benefits that resonate with potential buyers and appraisers alike. They enhance curb appeal, adding a touch of sophistication and charm to your property’s exterior. Functionally, shutters provide privacy, regulate natural light, and improve energy efficiency, all of which are highly desirable features for homeowners. Moreover, shutters contribute to a sense of security and safety, a crucial consideration for many buyers. Whether you’re looking to increase market value or simply enhance your living space, investing in shutters is a surefire way to elevate both the aesthetic appeal and the overall worth of your home.
