Significant home renovations or upgrades can improve your home’s style and your functional use of the space in various ways. However, before you spend time and money on major home improvements, you understandably want to ensure that you will be able to recoup as much of your investment as possible. These are some of the top improvements that can add significant value to your home.
1. A Kitchen Renovation
Most features in your kitchen are built into the home, which means that this space can easily become outdated and unattractive over the years. Renovating this space can make it more appealing and functional, and it can give your entire home a rejuvenated feel. If you lack money for a major renovation, consider refinishing the cabinetry and replacing the backsplash for a cosmetic improvement.
2. A Master Bathroom Renovation
Bathroom fixtures can also show a home’s age. Buyers often place more emphasis on the features in and style of a master bathroom, so this room should receive attention before other bathrooms in your home in most cases. Refinishing cabinets and replacing hardware, fixtures and tile can add appeal and value.
3. A Wood Deck or Updated Patio
Outdoor living areas are increasingly popular, and many buyers look for homes with this infrastructure in place. If your backyard only has a small concrete slab patio, upgrading this space with a wood deck can boost property value. An alternative to a wood deck is a large patio with decorative paver stones or stained and scored concrete.
The actual value that these and other projects add to your home will depend on numerous factors, including the features and finishes you select versus those that are in comparable homes in your area. We are available to provide guidance as you prepare to improve your home.