Is your home looking a little tired and worn out? Are you considering putting it on the market, or do you just want to make it more attractive, or more comfortable? Home renovations not only add monetary value to your home but also adds a sense of pride and accomplishment. Each time you gaze at your new luxe kitchen countertops or gleaming new hardwood floors, you’ll be reminded of the hard work and dedication you put into improving your home.
The best renovation projects that have the greatest return on investment are those that bring functionality and aesthetic improvements to your home. Keep reading today’s blog article for some of the most popular and effective home renovations for adding value.
Kitchen Renovation
Kitchens are often a key focal point when people are buying their homes. Often referred to as ‘the heart of the home’. Therefore, a new kitchen can certainly increase your home’s appeal. Perhaps you’re looking at adding an island bench. Doing so can give your kitchen a tailored, high-end look and feel.
Bathroom Renovations
Similar to kitchens, bathrooms are also a significant selling point for potential buyers. If you want to add value, you should consider a full bathroom renovation. Updating your bathroom with modern and stylish fixtures and fittings is a major selling point and make a big impact.
If you’re feeling creative, perhaps you could look into creating a beautiful feature wall with statement tiles to give the room an extra bit of character and style. Some homeowners even choose to turn their bathrooms into mini spas with features like heated floors and luxurious bathtubs.
Outdoor Living Spaces
Creating an outdoor living space can be a great way to add value to your home. Install a patio with seating areas or build an outdoor kitchen for entertaining guests. Adding a fire pit can help foster cosy gatherings during the winter months. You can even add a pool to your backyard or landscape the area with lush greenery and flowers.
Laundry Renovation
Never underestimate the value of having a functional and modern laundry. This can be so enticing to many buyers. That’s why laundry renovations should not be forgotten about. Consider lots of storage and benchspace for optimal results. If possible, you could even look into creating a ‘mud-room’, this will give your laundry that tailored, modern edge.
A Fresh Coat of Paint Goes A Long Way
This is by far, one of the easiest and most affordable renovation projects that can add value to your home. A fresh coat of paint can make a huge difference in the look and feel of your home. Despite being an affordable renovation, a new coat of paint can make your home feel more modern and inviting. You can even add accent walls to give the space some character.
DIY vs. Professional Renovations
As tempting as it may be to take on home renovation projects yourself, there are certain tasks that are best left to a professional. In addition, involving a professional can help ensure that the project is completed in a timely manner with high-quality results. A professional will also be able to give you valuable advice on materials and trends.
Final Thoughts
Amongst other factors, kitchen, bathroom and laundry renovations, along with creating outdoor living spaces, are all great ways to add value to your home. If these home renovations are done properly, your home’s value can increase significantly.
If you’re planning on taking on a home renovation project, let the professionals handle it from start to finish. Period Extensions and Designs can provide you with the expertise needed to ensure that your renovation project is completed efficiently and to the highest possible standard.
Please call us today at Period Extensions & Designs on (03) 8658 1340 or make an enquiry.