Search
Close this search box.

Home Renovations that Increase the Property Value

All homes have a distinct feature that makes them unique and special to the owner, yet that doesn’t mean that they are completely perfect. There are always areas that can be improved to improve its overall appearance and add more value to the property itself.

Many property owners turn to home renovation because they really are worth the expense. With the power of renovation, what was originally a dump can be turned into a regal home. So you can only imagine how beautiful a house could be if you’re already working with a good home, to begin with.

However, not all renovations are worth doing. There are specific areas of the house that can benefit from being remodeled or upgraded, and there are some that will work best as is. To easily distinguish which ones can increase the property value, refer to this list of areas to work on:

The Landscaping

If your property has a big lawn or a backyard, then you already have a feature that you can highlight. Having a house with a broad outdoor space is a rare find, so your potential buyers will be lucky to call your property their new home.

To make the place more attractive, you can install a landscape lighting system that can give it more life and color. Plus, adequate lighting in an outdoor venue can increase the safety and security of the lawn or backyard, which can be the assurance that your potential buyers need from their future house.

You can also invest some time and effort into keeping the hedges trimmed or making sure that there are no bald spots in the grass because that can be a big turn-off. Renovating the outside of the house shouldn’t cost a fortune, but you will have to spend some money to increase the value of the property.

The Basement

Houses with basements aren’t given the credit they deserve. Basements are more than just extensions of the attic that you fill with dusty boxes of old stuff that you never use. With a bright imagination, the possibilities of what you can do with a basement are limitless.

Instead of leaving the basement with bare walls and naked flooring, you can turn it into a livable space that future homeowners can use as a gaming area or their own bar. Finishing your basement with nice paint, refined floors, and ventilation can immediately add value to your property.

You don’t have to go overboard with the interiors of your basement because you aren’t the one who’s going to use it. The main purpose of staging your basement as a livable space is so that your future buyers can see the potential that it has instead of only keeping it as a storage room.

The Flooring

You might think that a homebuyer couldn’t care less about what kind of floors their potential home has, but the flooring can be a huge factor for the right person. The kind of flooring you have in your property can only garner two reactions from potential buyers: it’s either they love or hate it.

Carpeting can be attractive to many people, but not when it’s stained or weathered by time. Keeping a stained carpet that has been there since time immemorial is not something you want your buyers to see. You need to rip that carpeting off like a Band-Aid and replace it with a timeless option — wooden floors.

Hardwood floors are classic options that can easily add value to your property. This is because they are built for durability and longevity, especially when maintained in the right way. Replacing carpeting with hardwood floors can be expensive, but it’s worth the time and effort because it adds character to the home.

The Kitchen

kitchen

One of the most attractive features of a kitchen is the cabinets. You can never have too many cupboards because there are so many things that you can keep inside them. If your property currently has limited cupboard capacity, adding more storage room can benefit the overall value.

You can also create a walk-in pantry area if you have enough space inside the kitchen. This additional storage area is a great addition to the house, and it can draw the attention of cooking enthusiasts like moths to a light.

If you want to go even further, then you can add a backsplash to the kitchen countertops. This is a perfect cover-up to old paint jobs or stains that won’t budge. Plus, the designs of the tiles can add character to the entire kitchen and make it appear more alive.

There are many ways to increase property value, and renovation is only one of them. You can also add structures such as decks, patios, or gazebos if you really want to wow your buyers. But sometimes, less is more. So you need to decide how you want to market your property before you go ahead with all the renovations you’re planning.

About the Author

Scroll to Top