Which renovations can help with your home’s resale value?

Renovating your home will not only change the way it looks, but also add to its resale value.

Before embarking on any major home renovations project, here are some things you should consider first as part of your decision-making process.

Renovating your home will not only change the way it looks but also add to its resale value.  Not only do you have more space for your family and friends to stay over, but you’re adding more living areas for any future buyers if you decide to sell. Whether it’s a kitchen renovation or a bathroom update, there are many ways that renovating your home can enhance its beauty while increasing its overall worth.

This is especially true if you are adding a new room or upgrading the kitchen and bathroom. Homeowners who renovate their homes can expect an increase of around 30% in value.  What’s more, homeowners who sell after renovations have been completed are likely to get offers that are 10-20% higher than they would otherwise be.

If you’re looking for ways to improve your home, then consider these tips.

There are several dos and don’ts to remember when investing in your home remodeling process.  Is your home in need of repair?  Or is this a renovation to fix a design flaw?

Historically and on average, certain projects, such as the addition of a wood deck, kitchen and bathroom upgrades, and window replacement, have shown the greatest ROI regardless of the property’s location or the state of the residential property market.

These investments have shown great success throughout history and continue to do so today regardless of location or market state.  It also gives buyers another reason they might want this property over other properties available on the market at any given time.

 One of the biggest mistakes of renovating is improving a home well above the average for neighboring houses. Home prices tend to reflect local home buyers’ tastes and the amount they’re willing to pay. It is crucial to get your planning right while making sure that you don’t spend money on renovations that don’t help the value of your home.

If you are considering sprucing up your home before a showing, here are some tips.

1. Paint your front door a bright color to make it stand out from the rest of the house

2. Replace all your light bulbs with LED lights for energy efficiency and lower power bills

3. Install a new mailbox that matches your home’s exterior design

4. Add an outdoor rug to create more space for relaxing outside

5. Get rid of clutter around the house, including old knick-knacks, shoes, and books

6. Clean up after yourself – don’t leave dishes in the sink or dirty clothes lying around

At TNT, we’ll examine how to plan out a project and what materials might work best for the job at hand. 

At TNT Design & Build, we help homeowners like you design beautiful, functional kitchens. Whether you’re remodeling your old kitchen or conducting a major renovation with all the custom features, we can help.
Contact us today to make a free appointment.