Updating your home is an excellent way to improve its cosmetic appearance and even to add functionality in some cases. However, when you invest money into your home, understandably want to see a financial return for the effort as well. If you are looking for excellent renovation ideas that can potentially increase property value, turn your attention to these thoughtful ideas.
Dress Up the Front and Garage Doors
A fabulous way to transform and update the exterior of an older home is to replace outdated front doors and garage doors. These are focal points on the exterior of the home, and they can dramatically affect curb appeal as well as energy efficiency in some cases. In fact, you may recoup most of the financial investment you put into the home to update these features if you choose stylish materials that appeal to the masses.
Add Skylights to Your Home
For maximum value, a home should have a welcoming vibe. However, many homes have a dark, closed off feel that can turn buyers off. A home is ultimately only worth as much as a buyer is willing to pay for it. Therefore, updating the home by adding skylights strategically can pay off substantially. The return will vary based on the current impact that darkened areas are having on your space.
Update Your Kitchen
Because the majority of the features in a kitchen are built-in, it is not as easy to update the look of this space in comparison to many other spaces in the home. A renovation is usually necessary to replace flooring, cabinets, counters, fixtures and the backsplash. Updating your kitchen could cost a small fortune, and you may be pleased to find that you can recoup most of this cost when you sell the home if you use attractive materials that appeal to the masses.
Renovate Your Bathrooms
The bathrooms are similar to the kitchen because of the significance of built-in features. Therefore, renovating these spaces can have a considerable impact on appeal and value as well. If funds are limited, focus your attention on renovating the master bathroom first, and this is because the master bathroom is of greater importance to home buyers in many cases.
When you spend time and money updating or renovating your home, you may be most focused on creating a space that you will love. However, you also may want to see a financial return on the investment. Turn your attention to these upgrades for a great return.