4 Significant Value-Adding Home Renovation Ideas

Posted On Tuesday, 11 May 2021 19:19

If you are planning to sell your home soon, or you just want to make your home look more modern and give it a bit of a facelift, it is always good to be sure that the changes that you are making will positively affect the value of your home. This does not have to influence every single step in the renovation process, but you should always have an eye toward the future when you plan out renovations.

If you are tired of your dated counters, or you are sick of your tiny master bathroom, there is no time like the present to start planning out renovation ideas to make your home more comfortable and more beautiful! Whether you are planning to renovate to make your home more comfortable, or you are planning to move and want to make your home ready for sale, renovations can be the perfect way to accomplish these goals.

Read on to learn more about the ways that you can add significant value to your home when you remodel or renovate.

Significant Value-Adding Home Renovation Ideas

Always remember to set a budget before you start a remodel or renovation, and stick to it. There will always be cost overruns and surprise fixes that will need to be done as you are working on this project, so you will want to be prepared to make adjustments to your budget as the job progresses. There is nothing worse than planning a multi-room renovation, only to find out that you can afford to work on a single room!

1.       Make Rooms Bigger and Lighter

This is a common renovation need that older homes require, but you might have a newer home that has a few cramped, dark spaces in it that need some light. Adding windows, removing walls, and creating a sense of flow to the rooms of your house will make it far more appealing and much brighter. This can be very important in places that tend to have dark and gloomy winters, but it is just as valuable in places that are sunny year-round.

One of the best places to do this kind of renovation is in the living room and kitchen space. If your kitchen is cut off from the rest of the living space, the house will immediately feel darker and more cramped and the person cooking will be all alone in the kitchen when you are entertaining. This is one of the most valuable kinds of changes that you can make to your home and it adds significant value when you are ready to sell your home.

2.       Put in an Electric Fireplace

In some states and some neighborhoods, you cannot install a wood-burning fireplace. This can be due to local laws about smoke, or it might have to do with the proximity of your home to other houses in the neighborhood. Sometimes the structure of your home is such that there is no room to install a wood-burning fireplace.

Thankfully, there is a great solution to this! You can invest in a beautiful and cozy electric fireplace and put it anywhere in the space that you are trying to give a lift. These beautiful fireplaces come in quite large sizes for the needs of a living room or other large space, or they can be purchased in smaller sizes for bedrooms and other spaces that do not have the wall space for a full mantle and hearth.

An electric fireplace insert adds value because it instantly makes a room feel warm, cozy, and complete and it is also a great way to save money on heating your home in the colder parts of the year. This is a great way to add significant value through beauty and practicality.

3.       Finish the Basement

Do you have a large, unfinished basement that you keep thinking you will renovate but never do? Now is the time! Turn that space into a man cave, a playroom for your kids, or a home office situation if you work from home. Usable bonus spaces are great ways to add significant value to your home and they make it more comfortable and functional.

If you do not want to turn the basement into a living space, at least consider making it a good storage space with finished walls and storage shelving or closets. No one ever has enough storage in their house and an unfinished basement is a great place to make this a reality.

4.       Add a Deck or Patio

Many homes do not come with decks or patio spaces outside these days. Builders may provide some grass in the backyard and a few plants, but that is usually all that you get when you buy a home. Having a beautiful deck or patio in the backyard instantly offers up significant added value to your home and property.

If you do not want to have to care for a real wood deck, a cement patio can be stamped to look just like wood, or you can elect to use a faux wood product. Consider added items like a fire pit, built-in flower planters, or benches as part of your deck or patio planning.

Adding Value to Your Home is Easy When You Pick the Right Renovations

While it can be tempting to make changes to your home that will suit your own very unique needs, you should always consider the long-term realities of homeownership before you do so. Renovations are expensive, so it is always best to pick the renovation items that will add major value to your home instead of focusing on items that will only make the home better for your very unique needs.

Renovations can add thousands of dollars to the value of your home and property, and they can make your house more inviting, more comfortable, and more useful at the same time. Always be willing to do some research into materials, styles, and organization before you commit to a renovation project.

Follow your budget, make a thorough plan and work with the right experts, and your home renovation will add significant value to your property without adding stress to your life!

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