What Adds the Most Value to a Home Renovation?

A home renovation makes your home more appealing to buyers. However, when planning one, there are many details to consider, including paint color, flooring, lighting, cabinet style, and more.

It can feel overwhelming to narrow down the details that add the most value to your home.

If you need help figuring out what to include in your project, here are several things that add the most value when you renovate.

Adding extra bedrooms or bathrooms

According to bathroom remodeling experts, adding extra bedrooms or bathrooms is one of the best ways to add value. A bathroom is one of the most expensive things to put in a house, but it’s something everyone wants.

Having more than one bathroom makes it easier for guests and family members who need privacy while they use the restroom.

Another way to add value is by adding an extra bedroom or two. This allows you to rent out a room if you need extra income.

A guest room with a bathroom also makes a great place for your older children or grandchildren when they visit for a few days each month or over the summer break from school.

Upgrading your kitchen

The kitchen is one of the most-used rooms in any home, so it needs to be functional and comfortable for everyone who lives there. This can mean updating appliances or cabinets and adding features like an island or breakfast bar.

A remodeled kitchen will make you feel like you’re cooking in a brand-new space, even if it’s just been repainted.

Adding an outdoor space

Got a backyard? Then adding an outdoor space can add value to your home without costing much money at all. If you don’t have much land, try building a patio or porch instead of adding grassy space outside your home.

This will give you a place to entertain guests while still keeping things casual and low-key.

Installing new flooring

When it comes to flooring options, you have plenty of choices, from wood to vinyl and laminate floors. You can even find recycled rubber flooring that looks like hardwood but feels like carpet.

And in addition to adding value to your home, new flooring can improve its durability, comfort level, and energy efficiency.

Renovating the basement

The basement is usually one of the last areas of a house to be renovated, but it is also one of the most important parts of any home.

A basement can be used for many things, including a playroom for kids, a home office, or even a cozy family room where you can relax with your family and friends.

Making energy-efficient improvements

Energy-efficient improvements are the most valuable improvement you can make to your home.

Whether you’re building a new house or upgrading your current one, making energy-efficient improvements will save you money on utility bills and help you avoid environmental impacts such as air and water pollution.

When choosing energy-efficient improvements, look for those with the highest return on investment (ROI). 

For example, if you spend $5,000 on a solar panel system for your home and save thousands of dollars per year in electricity costs, your ROI is 200%.

Bottom Line

If you’re considering renovating your home, you may wonder what will add the most value to your project. The answer depends on several factors, including what you want from your home and how much money you’re willing to spend.

Regardless of the project, you are undertaking, ensure that an expert handles it. For example, if you are undertaking kitchen remodeling, ensure that the work is done by an experienced kitchen remodeler Bowie.

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