Are you considering renovating your home but worried about whether or not the investment will pay off? Although there’s no guaranteed way to increase your property’s value, certain types of renovations tend to add more value than others. If you’re hoping to see a return on your renovation investment, here are five types of renovations that are most likely to increase the value of your home:
1. Kitchen Renovations
One of the most popular and effective ways to increase the value of your home is to renovate your kitchen. A well-designed, updated kitchen can make your life more enjoyable and increase the resale value of your home.
2. Bathroom Renovations
Similar to kitchen renovations, bathroom renovations can also be a great way to add value to your home. Whether adding a new bathroom or simply updating an existing one, even small bathroom renovations can make a huge difference in the value of your home.
3. Flooring Updates
Another renovation that can add value to your home is updating your flooring. If your home has old-fashioned or damaged flooring, replacing it with new floors can make a big difference. Not only will this update make your home more attractive to potential buyers, but it can also make it more comfortable and livable for you and your family. Hybrid flooring is a great option that combines the beauty of hardwood floors with the durability of laminate, making it a popular choice for many homeowners. Check the pros and cons of hybrid flooring to make the best decision for your home.
4. Painting and Other Cosmetic Updates
Sometimes, the simplest renovations can make the biggest difference. Something as simple as a fresh paint coat can go a long way towards making your home feel more valuable. If your home looks a little dated or worn, some new paint and other cosmetic updates can go a long way.
5. Install Plantation Shutters
One of the excellent ways to increase curb appeal and value is to install plantation shutters. Not only do they look wonderful, but they also provide many benefits, including energy efficiency and privacy. If you’re looking for a way to add value to your home, having plantation shutters installed is a great option.
How Long Does It Take to Install Plantation Shutters?
The average installation time for plantation shutters is about two hours. However, the actual time may vary depending on the size and number of windows being covered.
How Much Time Does It Take to Renovate a Full Home?
It all depends on the size and scope of the renovations being made. A full home renovation can take anywhere from a few weeks to several months.
Whether you’re planning on selling your home soon or you want to increase its value for your own enjoyment, these five types of renovations are a great place to start. Investing in some key updates can make your home more valuable, more comfortable, and more enjoyable for you and your family.