Every homeowner would like their property to appreciate as much as it can, and one of the best ways to do so is to make some improvements. However, the challenge is to find renovations that will allow you to recoup the larger portion of the costs while making the home more attractive to prospective buyers. Many make the mistake of assuming that certain renovations will automatically provide a great ROI, and end up not only losing money, but actually making the house harder to sell. Let’s take a look at some smart renovations that could add value to your house.
Go for New Windows
Windows are often cited as one of the best renovations if you want to increase your home’s value. As a matter of fact, it was estimated that you could get as much as 74% back on your investment on average with new windows.
New windows can be used to update your house’s look, and add some natural light. You could make the house more interesting with custom window shapes, for instance. However, if you want to get the desired results, it’s important that you work with a reputable provider with significant experience working on different types of windows.
People like American Vision Windows, for instance, are experts in window installation and have been in the business for over 18 years. They can install single hung windows, sliding windows, bay windows, and virtually any type of custom windows that you need. They also offer all sorts of window materials such as wood, aluminum, and vinyl. If you want to get a window replacement quote or learn more about their products and services, you can visit americanvisionwindows.com.
Smart landscaping work is another great option if you’re trying to increase the value of your property. This will be one of the biggest contributing factors to curb appeal, and will instantly improve the perception people have of your house. It will also make the property stand out in listings. However, if you want to get more bang for your buck, you want to keep things as simple as possible. If you go overboard, the house might become too niche for some buyers.
Did you know that doing something simple as adding a mature tree to your property could increase its value by as much as 11%? At the very least, try to make sure that the lawn is properly maintained, add some nice furniture or even a container garden on your front porch, and make sure that the driveway is in tip-top condition.
Add a Deck
What makes a deck such a smart option is that it is one of the most cost-effective renovations that you can make, and, if you think you have the skills, you could even install it yourself. This is also one of those additions that the vast majority of buyers will appreciate, and one where you can’t really go wrong.
Transform a Room
Instead of making a costly room addition, or merging rooms together, why not transform an unused space? You could transform a basement into a cellar or a game room depending on your market, for instance. Attics are often underused, and can make a great spot for a child’s room. Another great idea could be to use an unused closet and turn it into an extra bathroom. You could even add one under stairs in some cases, so don’t be afraid to be creative.
Adding Luxury Vinyl Tile
Don’t be put off by the word “luxury”. Luxury vinyl tile comes in all price ranges, and are a big improvement over traditional vinyl tile. They can be made to replicate virtually any kind of surface, but without some of their drawbacks.
For instance, there are LVTs that can be made to resemble hardwood, and installed in spots where it would otherwise be problematic, like in the bathroom or the kitchen. These are extremely easy to install, and can be installed over existing floors. This is also a job that you could do yourself if you feel comfortable doing it. This is one of the best options if you want to get a great return on your investment.
Sensible Kitchen Remodel
The kitchen will usually be one of the most important parts of any house, and a remodel could be one of the best ways to make it stand out and increase its value. However, you have to be conservative if you don’t want to personalize it too much and go overboard. You could do a few simple things like changing or adding lighting, getting stainless steel appliances, and having the cabinetry replaced or repainted.
These are just some of the things that you could do to improve your home’s appeal and value. Most of these are affordable, and many can be done yourself, so make sure that you consider them all and pick the one that fits your needs and budget the best.