If you live in any house for long enough, you will have to start thinking about renovations. Certain structures may start to fall apart while other elements may simply be outdated or look old. Either way, you will need to consider the possibility of undergoing several home improvements.
The first thing that you should know about home renovations is that not all of them are equally useful to you. Some will help to significantly increase the resale value of your house while others will just be for your benefit. Since you are going to be spending quite a bit of money sprucing the place up, it is important to know how much of it you can make back.
In this article, you will the most central changes that you can make to your home. This way, you can be reassured that it has been money well spent. Here are the best options for you:
There is a reason that these are one of the most common renovations across households. For every dollar that you spend on improvements, you are more than likely to make it back, if you sell your house. Of course, these type of remodels aren’t just good for resale value – they can also be incredibly useful to you as well. Since the kitchen is a central part of any home, making just a few changes can help to brighten up or improve the entire house.
The good news for you is that the remodel doesn’t have to be major to be effective. In fact, just repainting the walls and the cabinets and adding a few lights can work wonders for this room. For something a little more complex, you can swap out the cabinets or even add an island counter. You should also think of replacing your old appliances with energy saving ones to cut down on your utility bills.
The House Exterior
It should come as little surprise that sprucing up the exterior of your home will pay off if you decide to put your house up for sale. After all, this is the first thing that people see when they pull up to your home. Even if you make some serious changes, you will undoubtedly be able to make it back. Not to mention, there will be numerous more buyers lined up when the external structure looks good.
The changes that you want to make depend largely on the existing design and structure. It is a good idea to keep modern homes in mind if you are looking to. If your door isn’t too old, you can just repaint it instead of replacing it. You should make a point to attend to the trim of both the windows and the doors. A coat of paint on the outer walls can really give your home an entirely new look, at least on the outside.
Few people pay attention to their windows as they don’t realize the importance of these particular structures. These are there for more than just aesthetic appeal and can actually affect just how warm your home stays in the winter. By making the necessary replacements, you should be able to make up to 90 percent of what you spent on the substitutions when you sell off the house.
It is a good idea to opt forwhen making the replacement. This is because they can be sealed in tightly, thus ensuring that the area is properly insulated. In the wintertime, you can be reassured that none of the warmth is escaping your home. They are also incredibly durable and will last you for years to come.
Apart from the bedroom and kitchen, the bathroom is perhaps where people spend quite a bit of time. Since this is a place to relax, most people appreciate to have a nicely decorated bathroom, complete with modern fittings. This is why, if your bathroom is in good condition, you can recoup almost all of the money that you spent on the renovations.
There are several ways to go about a bathroom renovation. First, you can choose to add another bathroom to your home. This is an excellent idea if the number of bedroom far outnumber the bathrooms. Even just a half-bath could add considerable value. If this is out of the question, you can opt for either a minor or major remodel. For something simple, you could just paint old walls and replace outdated furnishings. A step up from this would be to swap out the bathtub, the sinks, the toilets, and even the tile.
The Attic or the Basement
If you have either an attic or a basement, you could be sitting on a gold mine and not even realize it. This is because these provide additional space that can be revamped into anything of your choosing. For instance, if you feel as though your home doesn’t have enough bedrooms, these areas can be converted into a bedroom. Or, if you want a game room or additional living room, these spaces work equally well for these ideas too.
It doesn’t matter what the changes are, in both of these cases, you will be able to get back most of what you spent in the event of a house sale.
So, the above areas are the ones that you should focus on if you decide to renovate your home. Any of these changes will definitely result in rewards later on.