Since not all home improvements will add value to the property it is wise to make the most of any improvements you do make so that they not only look good, but increase the value as well.
By taking full advantage of the information in this piece, you'll be able to make your home improvements count and get your home sold for more money than you ever could have expected, while also making your home comfortable and efficient.
The Heart of the Home
The kitchen is oftentimes considered to be the heart of the home which makes it a popular choice for a first project when the renovations begin. As a matter of fact, when you renovate your kitchen, you should be able to get back around 60 to 80 percent of the cost of your renovation project. Another advantage of kitchen remodeling is that you may also save money on the energy bills as remodeling leads to more efficient home energy conservation.The kitchen design must fall into place with the design of the entire home, otherwise, your choice could be a poor one. For instance, if your house is designed in a classic motif, you should not consider a kitchen design that has a modern look because it will conflict with the rest of your house. In case, you are not sure about the changes to be made for remodeling, you may start with built-in appliances. You can use an interior designer to figure out ways to create more space.
Extra Bathrooms
If you only have one bathroom in your home, the installation of a second one is definitely going to pay dividends. It too reaps high financial rewards to the tune of 80%-100% increase on investment.One of the hardest decisions to make is where you can take space from that could become a bathroom. Start by considering rooms that are virtually unused, like an extra bedroom or closet. This could work very well home but a better idea might be to use space underneath your stairs. You really do not need a lot of space, a minimum of 18 square feet is all that is really needed to install a usable bathroom. That is, however, a minimum and likely too small to add much value to your home.
Transform an Old Room
Transforming a basic room into something more useful is an easy way to increase the value of your home. Some people make the mistake of adding on to their home to boost the square footage of the house. This can be a very costly project, and not easy to recoup the amount of money that you're spending, which is after all part of the reason that you are doing this. Building an extension is often too risky and costly.Why not just redesign an area in the home to turn it into something different? This can give your home value a significant boost without forcing you to go into debt. An unused basement is like a blank canvas; it can become a bedroom or rec room. Another often forgotten space is the garage which is perfect for an apartment, bringing the added benefit of potential rental income. As you can see, this is the type of project that can add real value to your home.
Before you start the transformation process, consider exactly what kind of room a potential buyer may be most interested in, such as an at-home office, laundry room, or an extra bedroom. Something that is highly versatile can boost your home value even more.
