3 Areas To Focus On During Renovations For The Highest Return

A home remodeling project can be used to accomplish a number of goals, including adding value to your home. Unfortunately, some renovation ideas do not offer the return you would expect. If you have a remodeling project planned, it is important to know which projects are actually worth your time and money.

Kitchen Renovation

Small changes to your kitchen can offer one of the best returns in the housing market. The addition of a new cooktop, fixtures, and countertop can give your kitchen the updated, fresh appearance that homebuyers are looking for. Instead of buying new cabinets, you can sand and paint your existing cabinets to add value without breaking the bank.

It is important to note that if you decide to go in big on your kitchen remodeling, there needs to be some balance exercised. For instance, spending $25,000 on a kitchen remodel in a home that does not have a high property value already can be counterproductive. Try to keep the budget for your renovation within reason.

Bathroom Renovation

The small changes make for a big return applies to your bathroom also. One of the biggest ways to make a real difference in your bathroom is to update the flooring. New tile in your bathroom composed of ceramic or stone can lead to a new look that is attractive to potential homebuyers. You also need to call in your electrician to update your light fixtures and exhaust fan.

If you have a small bathroom, making it appear bigger is important. Use bright colors to make the space look larger than it really is.

Landscaping Renovation

When homebuyers pull up to your home, the first thing they notice is the landscaping. A well-maintained and designed home is more likely to pull in potential homebuyers than a home that looks rundown from the outside. Landscaping your yard can take a chunk out of your budget, but there are ways to save on the project.

Small additions, such as flowerbeds and paths, can make a difference. You can also place small plants throughout the yard. Unless you are putting your home up for sale in the near future, you have time to nurture them so they reach their full potential before you sell your home.

A great way to find other ways to improve your home is to talk to the pros that help you maintain it now. Your electrician, plumber, and contractor can help you make the most of your budget so that you can increase the value of your home without going broke.

For professional electrical help, contact a company such as Argon Electric Ltd electrical repairs.

 


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