Kitchen renovations are one of the most popular home improvements that offer both aesthetic and financial benefits. Upgrading your kitchen with new countertops, cabinets, appliances, and flooring can add significant value to your home, as well as make it much more enjoyable to cook and entertain in.
What home renovation increase value
Upgrading the major appliances in a kitchen is one of the best ways to add value to a home, as well as making the kitchen more enjoyable and practical for current homeowners. Homebuyers tend to favor kitchens with brand new, stainless steel appliances. By upgrading only the major appliances, you don’t need to invest in a complete update which can range from buying custom built cabinets and installing professional grade countertops.
An upgrade should include at least one major appliance:
- Refrigerator: A refrigerator can easily become outdated with its age and worn out features. Investing in a modern, energy-efficient refrigerator with auto-fill capabilities and other convenience features will be attractive for buyers.
- Oven/Range: Replacing an old gas or electric oven is necessary if it’s aged or doesn’t meet today’s standards for safe cooking. A modern oven/range should also have energy-efficient systems for heating that also help reduce energy costs.
- Dishwasher: Dishwashers are one of those must-haves for any homebuyer. Even if the existing unit isn’t outdated, swapping it out for an updated model with advanced options such as automatic silverware cleaning or sensors that detect optimal water temperatures is sure to draw attention from potential buyers when you decide to sell your house.
- Microwave: Investing in a larger capacity microwave can save you time and money while being more efficient than your smaller model currently offers.
Install new countertops
Countertops are one of the most visible components of a modern kitchen and are therefore critical to achieving an attractive, welcoming space. A variety of countertop materials can be used to enhance the overall look and feel of a kitchen – each offers its own characteristics and advantages.
Granite countertops are one popular option because they come in a wide selection of colors, textures, and intricate patterns that never repeat. They also provide a unique visual flair that can make your kitchen look experienced and beautiful. Granite is also extremely durable and resistant to heat, meaning it will last for years and require minimal maintenance or repairs.
Quartz is another attractive choice for a kitchen remodel because it also comes in an extensive variety of finishes and colors but has the added benefit of being incredibly resistant to scratches and other normal wear-and-tear items associated with daily use in the kitchen. However, it does not have the same natural beauty as granite does, but if you opt for engineered quartz you can get even more impressive features like innovative patterns or remarkable textures.
If you decide that new countertops are right for your renovation project, keep in mind that this can be quite an expensive investment so it’s best to select materials carefully while keeping your budget in mind. It might be beneficial to speak with someone who has experience with different types of countertop materials before making a decision so they can help you find an option that fits both your aesthetic needs as well as your budget restraints. Ultimately, choosing the right countertop material will increase the value of your home while making it look stunning at the same time!
Add new cabinets
One of the best ways to improve the look of your kitchen and increase its value is to install new cabinets. This can be done pretty inexpensively and it has the potential to dramatically improve the way the kitchen looks. If you’re looking for something more high-end, there are plenty of options available that will fit just about any budget. Stock cabinets are generally made with particle board or plywood, however custom cabinets can be made with a variety of materials, including solid wood.
Another option is refacing existing cabinets and replacing any missing doors or hardware. Another great way to update and add value to your home is to install new appliances if you don’t already have them. Consider stainless steel appliances if you want a modern look, but if that’s too expensive then check out white or black models in all different price ranges.
Bathroom Renovations
When it comes to home renovations, one of the most beneficial renovations to increase the value of your home would be any type of bathroom renovation. Bathroom renovations increase a home’s value and make it more appealing to potential buyers.
From minor updates like painting, regrouting tiles and installing a new vanity, to major renovations such as creating a spa-like bathroom with a new shower and bath, these options all can significantly improve the appearance and value of a home.
Replace outdated fixtures
One of the easiest and most cost-effective ways to give your bathroom a quick update is to replace outdated fixtures. If your lighting, faucets, and mirrors are dated, replacing them with more modern options can instantly change the space’s entire look and feel. Swapping out dated fixtures for ones that are sleek and stylish can make the entire room seem larger and more inviting. It’s also important to remember that new fixtures don’t just look good – they often help increase energy efficiency in your bathroom, which in turn reduces energy costs over time.
It’s worth noting that if you’re looking for a bathroom renovation project that pays off at sale time, your update may be even more valuable if you upgrade with higher quality materials like stainless steel or bronze fixtures than if you stick with budget models. This small investment can prove to be a major selling point since a majority of potential homebuyers prefer to have upgraded pieces like sinks, faucets, lighting, mirrors and showerheads already in place when they purchase a home. So while replacing outdated fixtures may not add much value dollar-for-dollar to your home’s overall value right away after renovation completion, it can be an attractive feature for buyers when it is time to sell or rent out the property.
Upgrade to a modern shower and tub
When making renovations to your bathroom in an effort to add value, it is important to consider modernizing features such as the shower and bathtub. Quality and appearance are very important in these aspects of a remodel. Modern showers and baths with glass enclosures offer features such as rain head showerheads, body sprayers and multiple shower heads that create a spa-like experience in the home. As well as being appealing aesthetically, upgrading both of these fixtures offers several practical benefits.
Upgrading the bathtub can improve safety by replacing old non-slip surfaces with slip resistant surfaces such as ceramic tile. Modern tubs also often come with integral grab bars built into the design for added convenience and support when entering or exiting the tub area. The addition of a large soaking tub can offer owners and their guests a relaxed environment in which to enjoy leisurely baths and showers. Installing energy efficient features such as larger capacity water heaters will reduce monthly costs associated with heating water for bath time activities.
Replacing an outdated shower area can be made easier by using a premade kit that serves as a ready solution when replacing old fixtures with modern ones. These kits often come complete with everything needed including trim panels, drain equipment and accessories, which eliminates running back-and-forth during installation to find what’s needed for completion of the project. Installing modern appliances that are low flow certified, widely available at many stores today, can also help conserve unneeded water usage thus saving homeowners money on utilities over time while earning them points towards green building certifications if this is something they would like to consider pursuing further down the line in regards to their remodeling projects. In any case, upgrades made to both the shower area and bathtub increase safety while adding value when completed correctly according to current standards in design and construction regulations within your local area.
Install new flooring
Installing new flooring is one of the most popular home improvements that will add value to your property. Adding new floors to your bathroom can increase the resale value by up to 4-5%.
Laying down natural hardwood flooring in the bathroom is an attractive upgrade, however, this type of flooring is not waterproof and may damage if in contact with water, making it more suitable for low traffic bathrooms.
Homes with tile floors are often more desirable as they are durable and require little maintenance. A mid-range tiled floor installation ranges from $7 per square foot and up, depending on the quality of ceramic or porcelain tiles. Tiles come in an extensive range of sizes, colors and finishes making it easier for you to create a personally designed bathroom renovation.
Vinyl planking or sheet vinyl is also a common material used for bathroom floored because it’s waterproof, durable and comes in a variety of styles such as wood effect or stone effect which allows it to blend nicely with any color palette desired. This material costs on average between $2-$5 per square foot with an installation fee on average of $2 per square foot. Vinyl flooring also gives flexibility when it comes to design because you can choose what types of textures and colors you want to create that perfect look for your renovated bathroom space.
Another option can be renewable bamboo or cork floors; these materials offer strength, stability and durability making them ideal for high-traffic bathrooms spaces but at a reasonable cost when compared with traditional materials such as tile or hardwood floors. Renewable bamboo will cost between $5-$10 per square foot whereas cork usually goes from $4-$10 per square foot depending on the thickness selected.
Exterior Renovations
Exterior renovations are one of the most common ways to increase the value of your home. An attractive exterior can catch the eye of potential buyers and help your home stand out in the market. Upgrading your home’s exterior can have an effect on everything from curb appeal to resale value, so it’s important to be mindful of what renovations you undertake.
Paint the exterior
Painting the exterior of your home can have a powerful impact on its overall appearance, providing protection from the elements, enhancing curb appeal and increasing the value of your home. To get the most from your investment, it’s important to select the right paint for the job. Working with qualified contractors who understand color and offer experience in that field can help bring out the best in your home.
Before reaching for a bucket of paint, you should have an inspection done to identify any potential issues such as rotting wood or any mold present on siding or trim. Once repaired, it’s important to determine how much prep work needs to be done such as scraping or sanding old paint off of surfaces before painting can take place. The type and quality of paint used is also very important. Higher-end paints will not only look better but will also last several years longer than lower-grade selections that may quickly peel or fade in color over time.
Finally, choosing bold colors is not recommended as they may quickly go out of style. Instead, opt for neutral tones that are not too dark or too bright but still convey a sense of elegance and style to anyone looking at your home’s exterior. Choosing good quality materials, combined with thoughtful planning in regard to color selection and preparation can help ensure you get maximum return from this renovation project when it comes time to sell your home!
Add landscaping
Adding landscaping to your home is an excellent way to improve its curb appeal and increase the value. Incorporating elements like trees, shrubs, and flower beds can really help bring your home’s design together, as well as make it stand out from the neighborhood. A professionally designed landscape can add up to 15% of a home’s value and increase overall saleability.
When planning out your landscaping, consider which areas you would like to highlight or feature, such as window boxes or focal points such as benches or garden fountains. Your landscape should also be considered functional in addition to being attractive; planting conifers or trees for privacy and even using low-maintenance foliage for gardens that surround patios are great options for both style and utility.
Determining where softscapes (plants) will go is important too; ground cover plants can be used beneath formal garden beds near windowsills while a wildflower mixture may create an element of surprise while also helping maintain biodiversity in the area. Layering different kinds of plants together can break up an otherwise bland look that’s common in many neighborhoods; making sure not to overcrowd is a balancing act between adding character and avoiding clutter.
Overall, the specific features of landscaping vary depending on climate and available outdoor space but no matter where you are adding them they can give a nice boost to holding more people’s attention when potential buyers come looking.
Install new siding
Installing new siding can be a very effective way to improve the exterior of your home, as well as its market value. According to research and analysis conducted by experts in real estate market, siding replacement has been listed among the best ways to boost a home’s curb appeal and one of the top projects that add significant value.
New siding offers improved energy efficiency, better protection against weather elements and pests, and improved aesthetics. Therefore, it is a great way to add function and value to your home.
Not all types of siding are created equal – some materials may not be well suited for your climate or region, so it is important to do your research. Popular siding materials today include:
- Fiber cement such as HardiePlank®
- Vinyl
- Stucco
- Natural wood such as cedar clapboard or shakes
Each type has its own strengths and weaknesses in terms of durability, maintenance requirements, cost effectiveness and design appeal. When making a decision on what type of material would work best for you, consider qualities such as thermal performance efficiency for insulation purposes, resistance to moisture damage and pest control benefits. Additionally overall cost should be considered when considering an exterior renovation project – these changes can lead to running up large bills quickly if proper planning isn’t done ahead of time!
Interior Renovations
Understanding which interior renovations will provide the highest return on investment is an important part of realizing your home improvement goals. With a little bit of knowledge and planning, you can transform your home without breaking your budget.
Replace outdated flooring
Outdated flooring can quickly detract from the value of your home. Installing fresh hardwood is a great way to add value and set your house apart. In addition to increasing the value of your home, a new hardwood floor can also be more hygienic and increase overall aesthetic appeal.
Vinyl sheets, vinyl tiles, and laminate are other cost-effective options for updating outdated or plain flooring in your home. If installation isn’t complex, these may be DIY projects you can tackle yourself. However if you’re not an experienced handyperson you may want to hire an experienced contractor who has knowledge working with these materials.
Carpet is another option that can update any room in your home, but due to its short lifespan (3-7 years) depending on use – it may make more sense expect it as part of a one-time investment than as something to put on the books each year like new paint or light fixtures. Similarly, tile might be considered a stylish option but is often expensive and destined for cracking over time due to wear and tear.
No matter what type of flooring you choose – hardwood, vinyl tile, carpet or tile – replacing old flooring with new is a surefire way to instantly upgrade any room and often leads increased value for your entire property.
Paint the interior
Painting the interior of a home is one of the quickest and most cost-effective ways to increase its value. While bold colors and trendy designs might appeal to some buyers, neutrals are always a safe bet. Repainting walls in muted earth tones, such as shades of gray, brown and beige, can make an outdated home feel fresh and new. Additionally, painting the trim in white can visually open up a space.
In general, a good quality paint job is worth investing in because it adds value to the property without requiring serious renovations. It also presents an opportunity for creativity; accent walls are becoming increasingly popular with first-time buyers as they allow them to put their own stamp on their homes in an original way that doesn’t require too much effort or expense.
Whatever colors or design choices you make when repainting your walls and trim, be sure to use top quality paints that have been designed for interior use (as opposed to exterior) so that they last for years and still look vibrant after extended exposure to sunlight or changing temperatures. Refresh your interior regularly with touch ups as necessary; this small investment could go a long way toward improving both the saleability of your property and its overall value.
Add new lighting fixtures
Adding new lighting fixtures to your home is a great way to bring updated style and increased function to any room in the house. Installing the right lighting fixtures can also add value to your home and potentially increase the sale price if you list it on the real estate market. Choosing appropriate light fixtures for each room means considering both the décor of the space as well as how much light is needed for each particular task.
When selecting a new light fixture, think about both form and function. Consider things like size, color, and texture so that you can maximize not just the illumination but also create a pleasing aesthetic with your choice of lighting fixtures. Think about where you ultimately want the eye to fall in each room— what features would you like to draw attention too, and how can the light help make that focus happen? Lighting should be designed with purpose in order to create an interesting layout within each space.
Along with aesthetics, consider adding new types of lighting that work for various tasks:
- Ambient lights provide general illumination so that people can maneuver around safely.
- Accent lights focus attention on artwork or architectural details.
- Task lighting illuminates specific areas of a room where certain activities occur.
- Accent lights are typically used in bathrooms or hallways when more than one person needs direct illumination at once.
It’s important to select light fixtures that offer enough wattage so rooms don’t look overly dim, while still keeping potential buyers’ budgets in mind when shopping around. Adding quality fixtures is an investment that could pay off down the line when potential buyers appreciate both form and function – as long as they don’t see any over-the-top design choices!
Energy Efficiency Improvements
When it comes to home renovations, energy efficiency improvements are some of the most cost effective investments you can make. Not only will these upgrades reduce your overall energy consumption, they will also increase the value of your property.
Investing in energy efficient appliances, air sealing, and windows can mean long-term savings and a higher resale value. So, let’s look at some of the popular energy efficiency improvements that pay off:
Install energy efficient windows
Installing energy efficient windows helps to save money on utility bills and can even add value to the home. Energy efficient windows limit heat transfer through a window’s frames and glass, and they can also reduce significant amounts of sound from entering the home. Some of the many benefits that come with new energy efficient windows include: improved insulation, better thermal efficiency, improved air quality and increased comfort levels for homeowners.
Windows are considered one of the most important parts of a home’s insulation system because they let in both heat when it’s cold and sunlight when it’s hot, making them difficult to regulate efficiently. With energy efficient windows homeowners can be more comfortable throughout all seasons while saving money on their energy bills. With energy efficient materials like double or triple pane glass and sealed frames, these up-to-date windows help to guard against weather changes which lead to big savings over time.
During summer months energy-efficient windows with Low E coatings help keep interior temperatures lower by reflecting out much of the infrared radiation usually absorbed by single pane glass – keeping average cooling costs down significantly year round.
Upgrade insulation
When it comes to energy efficiency improvements, upgrading the insulation in your home is by far one of the best investments you can make. An effective insulation system will reduce air leakage and save on your energy bills, both through winter months and summer months. Thick layers of quality insulation ensure that your heating or cooling stays in and the elements stay out.
It’s easy to check for leaks—just look for obvious draughts, dust build-ups or darkened areas around windows, door frames or pipes which could be letting in heat or cold air. Investing in good quality pads and moving fillings where appropriate can pay off over time when it comes to cutting energy bills.
In addition to upgrading insulation materials, homeowners should consider adding low-emissivity window glass coatings on any double-glazed windows they have installed. Low-E glazing assists with reducing heat loss during colder months while also preventing solar heat gain during warmer months which can help you save money on both heating costs and cooling energy bills all year round.
Install solar panels
Installing solar panels is an effective way to improve the energy efficiency of any home as well as increase its value. Not only do they decrease electricity bills but they also reduce the amount of carbon emissions produced, making them environmentally friendly and good for the planet.
When considering installing solar panels, homeowners should keep in mind that solar panel installation costs can vary widely depending on several factors. This includes size and type of system, the customer’s financial situation and geographical location. Additionally, there are various incentives provided by federal, state and local governments for installing solar power systems, which can bring down the cost significantly.
In terms of energy efficiency improvements that pay off for homeowners, installing solar panels can provide a solid return on investment over time as it will increase home value substantially as well as reduce monthly energy bills. Homeowners should evaluate their financial situation carefully before deciding on a system size and evaluating any available funding options to help make this type of home improvement more financially manageable.
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