A lot of people want to add value to their home; after all, it is one of the best reasons to buy a house in the first place. And the way to add value to any home is through properly planned renovation projects. Some of these can take only a matter of days and others could take several months; but all have the potential to significantly increase the value of your home. Depending on the size of your family and the length of time you plan to live there, here are three renovation projects that you might consider.
If you are looking at making a long term investment—to get the most out of your capital—the kitchen renovation might be your best bet. Every person in the house will use this space throughout the day, and probably more than once throughout the day. The kitchen is the only room in the house where everyone will gather, eat, socialize, work, and relax. Customizing a kitchen can be very easy or very hard, depending on the type of work you want to do. For example, you could remove and replace the cabinets and, while you are at it, add a fresh coat of paint. You might also look at updating the appliance to make your home more energy efficient.
The bathroom may be the smallest room in the house, but it is actually the most difficult room in any home to renovate. Its higher level of difficulty is thanks largely to the close proximity of all the wiring, plumbing, and structural pieces. This is not an easy task for the inexperienced—and you might find it is better to hire a professional to help you. Renovco bathroom renovations can be smart investments—particularly a master bath—but the financial return may not be as impressive as that for a kitchen (and you could spend more money despite the fact that it is smaller than the kitchen).
While making each room in your home more attractive could certainly be an effective undertaking, do not overlook the power of a little exterior makeover too. A fresh coat of paint, maybe some window treatments, and a few simple landscaping choices can make a home on the market more attractive, which will invite more potential to buyers to take a look and make an offer.