3 Renovations You Should Consider to Increase the Value of Your Home

Between 2017 and 2019, American homeowners spent over $500 billion on around 100 million renovation projects. While some people were making improvements to make their own houses more liveable, many were fixing up homes for sale, hoping to make a few extra thousand on their investment.

Unless a home is brand new when you sell it, you’re going to need to do some essential upgrades to get it market-ready. Read on for more information on how to increase the value of your home with savvy renovations.

1. Makeover Your Kitchen

When it comes to working out how to increase the value of your home, it pays to focus on the kitchen first. Well over half of the American buyers want to see an updated kitchen in a house they’re considering purchasing.

This is because kitchens can be expensive to remodel. If the kitchen’s not updated already, it will cost the new homeowner in the future.

If you can’t afford a total remodel, you still need to give your kitchen an essential update. Paint the cabinetry, replace countertops and handles, install bright lighting, and change out old fixtures. And make sure the kitchen clean and completely free of clutter for open homes.

2. Freshen Up the Bathroom

There are few things more desirable to new homeowners than up-to-date bathrooms. In particular, today’s house shoppers are coveting main floor bathrooms and master ensuites. A bathroom reno can increase home value by somewhere around $18,000 on average.

So this is one area of the home that’s worth putting some money into.

Total bathroom conversions are going to give you greater returns, though they’re also more expensive from the outset. For those on a budget, consider (at minimum) deep cleaning your bathroom, re-grouting the tiles, upgrading the lighting, and replacing any grotty, faded hardware and cabinetry.

3. Lovely Landscaping

When landscaping for sale, you can add value to your home by focusing on the front yard. 

People form an impression in just a few hundred milliseconds. When they pull up to your house, they make a snap judgment based on curb appeal before they’ve even stepped in the door.

A tidy frontage doesn’t need to cost the earth to improve the value of a home. Keep paths and driveways clear and the borders trimmed, cut back large or overgrown shrubs and trees (especially if they’re shading a house), and mow the lawn.

It’s worth giving your backyard a quick once-over to make it feel like a place people could spend time in: either relaxing with friends or playing with their children.

Increase the Value of Your Home With Renovation

Just remember, to increase the value of your home, you’ll need to spend a bit to make more. From replacing fixtures in your bathroom and kitchen to making your house feel brighter with new lighting and front yard landscaping, getting a home ready for sale shouldn’t set you back too much. The time, effort, and money you use to improve the value of your house will be worth it when you get the sale price you wanted.

For more helpful homeowner (and home seller) tips and tricks, read the other articles on our blog.