You’ve finally saved up enough money to renovate your home and even went to a lender, applying for a cash loan.
But before you start tearing down walls, you need to figure out which renovations will add the most value to your home.
If you’re not planning on selling anytime soon, then you can focus on renovations that will improve your quality of life.
But if you are planning on selling, then you’ll need to be more strategic in your choices. You’ll also need to consider the amount of money you’re willing to spend and the ROI (return on investment) of each renovation.
So if you’re looking to enhance the value of your house quickly, here are 8 upgrades you may do.
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1. Improve Decks Using Lights
Decks provide homeowners with an additional living space that can be used for entertaining guests, enjoying the outdoors, or simply relaxing after a long day.
While a basic deck may be functional, an improved deck with lights can add both aesthetic appeal and practical value to your home.
The addition of lights can create a warm and inviting atmosphere on your deck, making it the perfect place to entertain guests or spend time with family.
Furthermore, well-lit decks are safer to use at night, reducing the risk of accidents. In addition to increasing the curb appeal of your home, an improved deck with lights can also add significant value to your property.
So if you are considering making improvements to your deck, adding lights is a wise investment that is sure to pay off in the long run.
2. Install New Lights in the Kitchen
The kitchen is often seen as the heart of the home, and for good reason. It’s where families gather to cook, eat and socialise.
It’s also one of the most important factors that potential home buyers consider when making an offer.
That’s why installing new lights in the kitchen is a great way to add value to your home. And depending on the type of light you choose, the installation can be relatively simple.
For example, recessed lighting is a popular choice for kitchens because it doesn’t take up any space and can be easily installed by a homeowner.
Another popular option is under-cabinet lighting, which can brighten up the work area and make it easier to see what you’re doing.
If you want to go all out, you could even install a skylight to let in natural light.
No matter what type of light you choose, installing new lighting in the kitchen is a great way to add value to your home.
3. Install New Garage Door
When you’re trying to sell your home, first impressions matter. And one of the first things potential buyers will see is your garage door. If it’s old and worn, it can turn them off right away.
Investing in a new garage door, on the other hand, can really help to boost your home’s curb appeal. Plus, a new garage door is more than just a cosmetic upgrade. It can also improve your home’s energy efficiency and security.
So if you’re looking for a way to add value to your home, a new garage door is a great place to start.
4. Minor Kitchen Upgrade
Homeowners who want to make their kitchens look more modern and functional can do so without sacrificing value.
In fact, adding this kind of upgrade will give you greater enjoyment out of daily activities like cooking or entertaining friends in your own personal chef’s paradise!
This is a cost-effective way to add value to your home because you can do it yourself or hire a professional for help with just the big-ticket items like replacing the countertops, backsplash, and flooring.
You can also update the hardware on your cabinets and drawers to give them a new look.
And don’t forget to add some new pendant lights or under-cabinet lighting to brighten up the space.
5. Smart Home Technology
Adding smart home technology to your home can increase its value in a number of ways.
First, it can make your home more energy-efficient, which can save you money on your utility bills.
Second, it can make your home more secure, giving you peace of mind that your family is safe.
Third, it can make your home more convenient, giving you the ability to control your lights, thermostat, and other appliances from your phone or voice assistant.
In short, smart home technology can add value to your home by making it more comfortable and efficient to live in.
Which Renovations Boost Home Value?
Ultimately, the decision comes down to what’s most important to you and your family. Whether you’re renovating for yourself or for future buyers, the key is to make sure that the end result is something that you’re happy with.
So take your time and make sure to think carefully about which renovations are right for you. And if you’re ever unsure, always consult with a professional to get the best advice.