Top 10 Renovation Projects
Today’s homebuyer wants to purchase a home that has recent renovations. Homeowners need to decide what projects they want to complete if they are getting ready to sell. The big question is how much money is the right amount to invest in a home renovation.
Here are the top 10 home improvement projects for your home.
10 Home Improvement Tasks That Raise the Value of Your House
You can always make improvements and modifications, whether you buy a new house or older home.
Here are some home improvement projects that will improve the enjoyment of your home, while also helping to boost the value of your house. Homeowners can choose from a simple new coat of paint to a complete kitchen redesign.
Major or Minor Kitchen Renovations
Major or miner kitchen renovations are a terrific way to raise the price of the house. Based on the style of makeover you perform, the products you use, and where you reside, you may anticipate a return on investment for your kitchen remodel.
Minor kitchen improvements involve simple tasks like:
● Installing a fresh backsplash
● Painting cabinets
● Modernizing lighting fixtures
● Inserting an island
● Increasing available storage
● Modernizing faucets
Among the significant kitchen improvements are:
● New countertops and cabinets
● Setting up tile, laminate, or wood flooring
● Increasing the number of windows, doors, or square feet.
● Investing in more expensive appliances
● Adding a place to sit, eat, store, or cook.
When thinking about redesigning your kitchen, remember to stay within your budget and keep the room practical and appropriate for the rest of the house. Over renovating is worse than not renovating in many cases. Choose wisely.
Another strategy to raise the value of your house and make it more desirable to potential buyers is to renovate the bathrooms.
You can investigate a range of prospective projects, according to your remodel budget, such as:
● Setting up fresh sinks, bathtubs, spas, or commodes
● Reflooring, retiling, and painting
● Creating more storage
● Including a dresser or screen
● Improving the illumination
If your house has one bathroom currently, adding another one is an alternative. In the property market, houses with several bathrooms are in high demand, and you'll probably value the comfort.
Repurposing an Empty Space
Many houses have additional rooms, crawl spaces, and underground spaces just waiting to be used. Getting the most of those underused spaces will expand your living area and appeal to prospective purchasers.
Additionally, it's often significantly less expensive than expanding your home's floor area.
The ideas to consider are:
● Gaming area
● At-home gym
● Work from home
● Private suite
● Additional living room
● A studio or library
● A guest room
Projects that improve the use and accessibility of your outside area can raise the value of your house. Benches and terraces may have more than 64% ROI, based on the materials you pick, such as hardwood or composite decking.
Lower decks and terraces made of stone and brick are other alternatives. If you're handy, you could even build them yourself.
Pressure wash any existing decks or terraces and, if required, refinish them. Remove peeling paint and stain, and repair any old, decaying boards or broken pavers. A cheap approach to make your house more appealing to purchasers and raise the property's total value is to spruce up your current outside features.
Keeping the House Code-compliant
Your property may benefit from some home improvements to keep it current with current residential house requirements. Outdated electrical or plumbing can decrease the value significantly.
For instance, several older homes may profit from new:
● Electricity connections
● Window frames
● Water heater
● HVAC units
● Roof repair
Older homes that haven't been upgraded in the past are often the ideal candidates for these types of upgrades. They can be expensive, but they're frequently worthwhile since they'll increase the value of your home and make it safer and cozier for you and any future residents.
There are several advantages to using energy-efficient equipment and construction materials. They may lessen the environmental effect of your house in addition to helping you save money on energy costs. Here are a few ideas for projects:
● Set up solar panels
● Invest in Energy Star products
● Spend money on a smart thermostat
● Install new windows
● Replace external doors with inadequate insulation
● Boost insulation
Consider getting an energy audit to determine how to increase the energy efficiency of your house. Numerous gas and electricity companies provide assessments that give you a home electricity score and advice on improving its efficiency. Many energy companies provide these services for free or give you the resources to do it yourself.
When it comes to interior design, less is more. Simple and essential design modifications are generally inexpensive and assist in positioning your property for sale.
If you're searching for some quick but valuable home renovation tasks to raise the total value of your house and attract buyers, consider:
● Modernizing lighting fixtures
● Updating heat vents and light coverings
● Replacing worn-out doorknobs and other hardware
● Setting up unique window coverings, including blinds
● Choosing neutral paint colors
● Painting inside doors, walls, and woodwork
● Inserting crown molding
Don't undervalue the impact that little improvements to your home's appearance may have on its value. They might not seem as stunning as more extensive upgrades but are very effective.
Curb appeal is crucial for promoting your property, even in the most competitive real estate markets. No one will want to visit the inside of your property if the outside is unattractive. The outside is the first factor influencing someone's choice to spend a lot of money buying a house. Any home renovation project should prioritize this as one of the most crucial components.
The following are some of the top house renovations for raising curb appeal:
● Replacing, restoring, or painting brick, vinyl, or wooden siding
● Repainting or acquiring a new front door
● Changing a worn-out garage door
● Finishing your foyer with stone veneer
● Putting up new lights
The price of your property can rise just by painting the front door a deeper shade, like black or charcoal.
Your property's landscape design improves curb appeal and gives your house a more inviting appearance. Possible landscaping improvements include:
● Cleaning pots and flowerbeds of weeds
● Including pots, flowerbeds, or hanging baskets
● Planting trees
● Changing outdated mulch
● Eliminating dead shrubs and trees
● Raking up fallen leaves and old grass
Automated Smart Homes
The use of smart home appliances is growing in the real estate industry, which helps increase property prices and appeal to potential buyers. The following are some of the most popular smart house upgrades:
● Adaptive thermostats
● Smart security solutions for homes, such as doorbell webcams
● Radioactive, carbon monoxide, and smart smoke detectors
● Smart lamps
Your property investment agent should be able to help you price your house appropriately, even if it might be challenging to determine just how much value these changes bring to it.
Typical Errors to Avoid
Ignoring regional patterns while making improvements to a property is among the most frequent errors. Simply put, you must pay attention to what is popular where you live. Look at the neighborhood's and the region's recent house sales. What characteristics are the most valuable? What decisions were taken about these properties' design? To raise the value of your house, pay attention to neighborhood trends. You could lose if you ignore them.
Budgeting for and prioritizing home renovation projects may be challenging, so picking the ones that offer the most rewards is critical. Focus on remodeling and upgrades that will increase rather than decrease your property's worth if you intend to sell your house in the future.
Need any other help with decisions on what to renovate at your home? We are here to help. Our team at JS REALTOR® Team is so committed to serving our clients. We want to make your experience one that preserves the excitement but sheds the anxiety. We provide clear guidance and advice to help you make the right decisions. Request your Free Selling Download here FREE planning kit and connect with us today! Let’s get ready to sell your home. Text/Call Jeff at 614.721.0450 or email Jeff@JSRealtorTeam.com. Offices in Columbus & Mansfield to serve Mid-Ohio.