HOW YOU CAN INCREASE YOUR PROPERTY VALUE WITH HOME RENOVATIONS
If you're considering selling your home in the near future, home renovations may help to boost your property value. This can help to attract the right qualified buyers.
Kitchen Renovations
Keep this one thing in mind and your home renovation will pay off. It's all about the kitchen! Potential home buyers will check out the entire home, but, it's all about the kitchen. Clean, functional, and updated kitchens will go far to attract the right buyer. This will also raise the resale value.
If you choose to reface your cabinetry in lieu of replacing it you can save a lot on your return investment. When you reface rather than replace, you're going to have a far lower renovation cost. You can also install countertops with a quality laminate that will mimic the look of all natural stone and if you choose to install a mid-priced sink and faucet it will save you a lot of money. Simply repaint trim and walls and replace the flooring with a nice laminate material and you'll have a brand new kitchen.
Doors And Windows
Replace front entry doors with energy efficient doors. Install vinyl windows and you'll not only improve your curb appeal, you'll also boost your property value. Home buyers want to see that these huge jobs have already been done before they move in. The new windows and doors are very attractive. They will yield a high return on investment. If you spend about $1400 on your new entry, you can anticipate the value of the home to jump by at least $1200. Add that to the energy savings and you'll recoup your investment in short order.
Exterior Renovation
The exterior of your home plays a huge role in your property value. This is called curb appeal and it makes a huge impact on the value of the home. Professional realtors will tell you that this is a key selling factor when putting the home on the market. Plus, new exteriors can make the home more welcoming when you're living there. Even just a quick paint job and replacing the worn siding and trim can go far in helping to boost your home's curb appeal. Heilman's Renovation in North Vancouver has the experience for these kinds of jobs.
Insulation Upgrade
Upgrading the attic insulation can offer a huge return on investment over all other renovation projects. Per various reports, attic insulation upgrades offer a 107 percent return on the investment. You'll actually wind up making money on such upgrades. Professional remodelers can blow a loose fill fiberglass insulation into the old insulation and improve the insulation of the home. This will give you instant energy saving on the monthly heating bill and it will help to recoup the cost of the upgrade should you ever resell the home.