Best Home Renovations: 6 Tips for Getting a Great Return on Your Investment

With the real estate market in the state and the nation especially tight, many property owners are looking to make some renovations to boost the value of their estate. Home renovations are a great way to significantly increase your home’s resale value and increase your home’s appeal if you ever decide to move. While not every renovation project will be worth your while, some are certain to pay for themselves over time, thanks to the increase in home value.

Renovations can be among the most expensive undertakings in home ownership, and there’s no shortage of advice on whether you should spend your money on things like new kitchens, baths, and flooring.

If you’re wondering which renovations are really worth your time and effort, here are some suggestions:

Upgrade Bathroom Fixtures

Bathrooms are often the first room people consider remodeling, but they often forget to consider where the bathroom is. For example, if it is on the first floor of your home, then you’ll want to consider bumping up the windows. Why? If your home is facing north, your bathroom is exposed to the sun’s heat throughout the day. Chances are, the natural light won’t provide enough heating power during the winter. As a result, you may want to consider increasing the size of the windows or upgrading the window coverings. Also, since you’re on the first floor, you will need to think about the type of flooring-the floor must be able to handle water.

Install A New HVAC Unit

Paying for upgrades that make your home feel more comfortable is one of the best investments you can make. An example of this could be the installation of air conditioners or furnaces with the help of Aquidneck Services. The market is full of new models of these HVAC devices. While some might get operated using a remote, others can be controlled using voice.

Whatever the case, homeowners need to understand that there is a plethora of options to choose from. However, simply buying one might not be enough. Taking care of the appliances is crucial to increase their life. For that, timely maintenance, such as repairing faulty HVAC parts and replacing them with the help of experts at FSI Oil and Propane can help in saving money and time.

Demolish A Few Walls

Demolishing one or a few walls to accommodate an open floor plan may seem like a drastic move, but it can make a dramatic difference to your home’s resale value. When done right, knocking down some walls can open up your space and allow light to flow into rooms. Moreover, this process might actually expose parts of the house that you may not have inspected in a long time. This can make you aware of any damage that needs repair, especially festering water damage. You can even call in the experts like those at Big D Water Damage Restoration to take care of the problem, after which your home might actually hold more value than before. When thinking about how to boost the value of a home, many buyers will think about how to “close off” spaces. For example, removing a wall between the kitchen and living room creates a “great room.” But one remodeling trend getting more attention from buyers is tearing down a few walls to open up space.

Install A New Garage Door

When it’s time to sell a house, one of the first things a homeowner will do is repaint the trim, update the kitchen, change the landscaping, and update the flooring. However, some things homeowners can do to add value to their homes do not necessarily add to the home’s appearance or aesthetic appeal. For instance, a new garage door can be a source of value and can increase the home’s overall curb appeal, while an older garage door can look dated and unattractive.

Resurface Or Replace Hardwood Floors

One way to do so is by renovating your home. While there are many renovation projects to choose from, one of the best in upgrading your home’s floors. Hardwood flooring is one of the more popular choices for homeowners. However, the process is not as simple as just laying down new floors. Some steps need to be taken, such as removing old flooring, sanding down your old floors, and laying new flooring. However, you need to keep in mind that wooden floors can sometimes be slippery and cause accidents around the house. But laying out a modern runner or rug in spots that seem to be the smoothest could be a solution to this problem.

Install A New Roof

When it comes time to sell your property, you want to maximize its value. While it’s tempting to just focus on getting the property ready for sale, it sometimes helps add some renovations to increase its market appeal. For example, a new roof can add value to your home while also boosting curb appeal. Property and real estate experts agree that roof replacements are among the top home renovations that will get the most bang for your buck.

When remodeling or renovating your home, you should always consider environmental impact, energy efficiency, future resale value, and modernization. Always be sure to research contractors before hiring.

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