Home Renovations That Add Value
Deciding to invest in your home can be daunting and overwhelming, but it doesn’t have to be. By understanding which projects will provide the most bang for your buck, you’ll be able to make smart investments that will add real value to your residence. Whether you’re looking at a few cosmetic updates or an entire renovation project, plenty of cost-effective options can give you big returns on resale.
If you’re moving to Sunnyvale, where the housing market is super competitive, you’ll have to pick the best value-adding projects to ensure you get a good deal on your house. According to Redfin, a Sunnyvale house gets sold within nine days of being on the market and bags an average price of $1.8 million.
If you want to be one of the lucky homeowners who get a good price for their home, refer to our list of best value-boosting projects below:
1. Clean and Declutter
The first and most important thing you can do to increase the value of your home is to clean and declutter. Cleaning your house regularly, doing repairs when needed, and removing all extra items around it will make it look much more attractive to potential buyers.
However, you can also hire a moving company to help with decluttering, packing, and storage if you’re moving. They will help you safely move your furniture and other belongings to a new home. Look for top Sunnyvale moving companies to help you in this process. Also, they provide last-minute moving services, which is really convenient if you’re in a hurry. So, if you’re moving to Sunnyvale, don’t forget to contact a moving company for a stress-free experience.
2. Finishing Your Basement
Finishing a basement isn’t just a great way to add more living space to your home, it can also increase the value of your property. Finishing the area and turning it into something useful, such as an extra bedroom or even a playroom, will make it attractive to potential buyers. Consider adding insulation, drywall, and other structural elements for maximum effect.
Moreover, if you plan to rent the basement out, that’s a great idea. It can even help you pay your mortgage quicker and recoup more of the costs than you would have otherwise.
3. Smart Home Technology
Investing in a smart home system is one of the best ways to add value to your residence. Smart homes are becoming increasingly popular, with more homeowners looking for connected systems that make life much easier and more convenient. Installing a comprehensive set of smart home devices, such as voice-activated lights, automated thermostats, security cameras, and doorbells, can potentially double the resale value of your home.
4. Replacing Old Windows
Windows are a crucial part of any home and need to be replaced once in a while. Apart from improving the aesthetic appeal of your property, installing high-efficiency windows will also help you save on energy bills. Energy-efficient windows come with additional features such as double or triple glazing, low-emissivity coatings, and better insulation that can keep your house warm in winter and cool in summer.
Moreover, buyers usually prefer houses updated with modern windows, as they don’t have to worry about replacing them shortly.
5. Roof Replacement
Just like windows, roofs are also a major factor in home upgrades. An old and damaged roof can make any house look unappealing and is probably the first thing buyers notice when they come for an inspection. So, if you want to maximize returns on your property, get the roof checked by a professional at least once a year. Replacing it with a new one will add charm and value to your residence.
If you want something more cost-effective, consider investing in roofing materials such as wood shingles or metal panels for a quick makeover.
6. Work on your Curb Appeal
If you’re looking to boost the value of your home, starting outside is always a great place to begin. Revamp your front lawn with a fresh coat of paint, plant some flowers in the garden for an inspiring burst of color, or even add a few decorative touches like new light fixtures or planters. These minor modifications can make a huge difference—especially for potential buyers who are likely to be first-time visitors to your home.
Curb appeal is an important factor when it comes to appraising how much value your property holds, and a few small adjustments can go a long way toward increasing the ROI. Plus, there are plenty of creative ways you can update the exterior without breaking the bank.
7. Update Kitchen
When it comes to home renovations that add value, updating the kitchen is a classic choice. It’s no secret that an inviting and well-equipped kitchen can be the deciding factor for many homebuyers—so don’t underestimate the power of making your cooking space look top-notch.
Opting for minor modifications like replacing countertops and cabinets or adding a few energy-efficient features can make a big difference. Try making more extensive changes for larger projects, like installing new appliances, floors, and fixtures. You don’t need to go overboard—just make sure everything is functional and aesthetically pleasing.
8. Enhance Decks with Lighting
Adding a deck to your home is one of the most cost-effective ways to increase its value. It extends your living space, and a nice deck can also be used as a gathering spot for outdoor activities like barbeques and entertaining guests.
Consider adding some lighting fixtures to your deck for an extra luxury touch. Strategically placed outdoor lights can give your house a stylish touch and create an inviting, warm atmosphere. Try adding lanterns along the railing or string lights over the deck for an attractive night-time display.
Conclusion
Home renovations can greatly improve the value of your home and potentially make a great impact on your future sales.
However, always consider how long you plan to stay in the home and what kind of return on investment is important for you before embarking on any large-scale project. The best way to add value to your home is by investing in quality materials and experienced professionals who can ensure that the job will get done right – ensuring both short-term satisfaction as well as long-term benefits.
Renovating should be fun – no one wants to feel like they are taking part in an endless process from which they will never see the promised reward. Keep these tips in mind and enjoy sprucing up your slice of paradise!
