Home Renovations that Can Add Value Immediately
While not everyone agrees, your home is an investment – and much like any other financial endeavor, it’s much better when the value goes up, rather than down. This is the case, even if you don’t intend to move away any time soon.
But if you’re planning to do some renovations to your property, there are some that could cost a great deal, and several others that could instantly add value to your home. So, if or when the time comes to put your home on the market, you could see some – or even all – of your costs returned.
Some of the top home renovations that can add value include:
- Kitchen Updates – The kitchen is where most people spend a considerable amount of time when they are home. It can also be the focal point when entertaining. So, updating this room can definitely add value – provided that you do it properly. For instance, adding nice countertops is a definite plus, as is upgrading the sink, faucet(s), and appliances.
- Updating the Bathroom(s) – The bathrooms are another key area of a home. So, if things are a bit outdated, a new sink and vanity, along with either new or freshly cleaned wall tile can help. If you have the space, you could add significant value to your home by adding another bathroom.
- Creating a Home Office – Even before the Coronavirus stay-at-home orders, there’s been a significant trend towards working from home. With that in mind, designating a specific workspace area can make a home much more appealing. This room could include built-in shelves and ample outlets for charging laptops and other electronic equipment.
Looking for ideas on how to increase your home’s value?
If so, just give LP Design and Renovation a call at (407) 901-6215, or you can go online and schedule a consultation with our team.