Which Home Renovations Will Increase Your Home's Value?

Posted on: 7 November 2017

It doesn't matter if you have decided to sell your home within the next few months or even if you are planning on keeping it long term; you can still increase your home's value for your benefit. You might be thinking you have to undergo huge renovations in your home to really gain any increase in value over the market as a whole, but there are other, smaller home renovation projects that you can do to increase your home's value.

Change Flooring

One of the most important renovations you can make to increase your home's value is to change your flooring, If you don't have true hardwood throughout your home, then installing real hardwood floors will definitely increase the value you have in your house. If you already have hardwood floors and they are looking a little worse for wear, then refinish them for an increase in the value in your house almost immediately.

The Fixtures

If you have an older home or even one you have owned for a few years, your kitchen or bathroom cabinets might begin to look worn and dated. This can be due to older fixtures, especially if you didn't change them when you bought the home. To increase value and make your kitchen or bathroom look more updated, then change out the fixtures with fresh, brand new ones. This includes light fixtures, cabinet handles or doors, faucets, and even countertops.

Bathroom Upgrade

The bathroom is one of the most important rooms in the home that bring value to your house. If you are willing to do a larger and more expensive renovation that is sure to increase the value of the home, then you can add an additional bathroom to one of the levels of your house or add one in your basement. You can also upgrade your bathroom by putting in a new shower or bathtub or upgrading to a tile floor.

Renovate Your Kitchen

The most important room in your home to increase value is your kitchen. Along with the living room, most people spend the majority of their time in the kitchen, cooking and entertaining. If you really want an increase in your home's value, then invest in creating a modern, fresh kitchen. This could mean modern cabinets and fixtures and bright lighting, especially if your kitchen has limited windows and new appliances. There are ways to keep the costs of a kitchen renovation down, so check into that.