Financial

The Art of Mastering Renovations

Increase Your Home’s Worth Through Home Renovations

If you think that home renovations are only intended to make your house livable or more comfortable, you’re wrong as they can also increase the worth of your house. Yet when it comes to adding worth to your house, not all the renovations that can be done are created the same. Following are home renovations that you have to consider doing if you wish to increase the value of your house without breaking your budget.

Number 1. Light and space – cramped and dark spaces tend to be the worst nightmare of real estate agents. What homebuyers wanted to see is bright and open spaces so say that your house has little natural light or small rooms perhaps, you may need to consider doing renovations that will add light and space to it.

You might want to consider removing some walls in order to open up the floor plan, install a skylight or add windows or widen doorways. Not only that, open floor plans are now growing in popularity nowadays so, planning to renovate your kitchen and living areas could create an open plan feel.
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Number 2. Curb appeal – it is important for your house to look attractive both inside and out. There are many homeowners who are actually ignoring the possible impact of curb appeal of your house but a lot of experts are pointing out that good first impression could add to as much as 10% of the value of your house.
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You have to consider giving the exterior of your house with a new paint job, power wash the vinyl siding, repair damages to exterior of your house including the walkways and driveways and at the same time, improve the landscape by mowing the lawn or planting trees and flowers on a regular basis. Above all, make sure that your property is free of trash and clutter.

Number 3. Build a deck – outdoor spaces are one cost effective way of increasing value of your house. Truth is, the cost of deck is among the most easily recovered costs when selling the house down the road. No doubt, homeowners of today rank outdoor living spaces as one of the important aspects of new home and the more interesting the deck looks, the better the value it’ll give to your house. Simply put, try designing a deck with unique shape or have features similar to benches, garden beds and built-in fire pit.

Number 4. Finish your basement – one of the best approaches of increasing your home’s worth through home renovation is a refinished basement. You may consider to add new recreation room or living room which can make it more appealing to anyone else who’ll see it.