If you plan to invest in some home improvement projects, we suggest a list of things that can help you greatly increase the value of your property.
A big renovation project is a perfect way to increase the value of your home if you ever think of selling it or just making your home more comfortable to live in and more up to date.
Here are our 6 top picks for big-budget home improvement projects:
1. Update the Foundation and Structure of Your Home
Starting from the very basics can be a great idea if you’re thinking of completely reworking your home. Often, the problems you can’t see are the ones that need to be fixed the most urgently. Structural problems in the foundation of your house can be a huge detriment to its value. Whether you need to lay a new foundation in certain parts of the house, improve insulation, rework the roof, level the flooring, or put in new drywall, all of these changes can add up to make a huge difference.
Structural changes can be quite expensive, but they make your house as good as new when done correctly and smartly.
2. Redo The Bathrooms
Bathrooms add so much value to any property! Ideally, every floor of the house should have a small bathroom with a sink and a toilet at the very least. Once this requirement has been met, you can go further and redo the bathrooms to add in a level of luxury and comfort. It would be a good idea to have ensuite bathrooms for all of the main bedrooms of the house.
Updated showers and bathtubs, as well as new fixtures and fittings, can completely transform your old bathrooms and make them feel completely new. If you live in a particularly old house, it may be a good idea to lay in new plumbing and pipework as well.
3. Rework the Kitchen
The kitchen is another space in any house that can make or break the house’s value. It will be a great investment if you’re looking to redo the kitchen. You can start with new flooring, marble or granite countertops, updated cabinetry, and the latest appliances.
Kitchen appliances can completely transform your kitchen, not just adding value but making your daily life so much easier. Dishwashers, energy-saving refrigerators, and smart ovens can entirely change your cooking and cleaning experience.
4. Revamp Your Driveway
The exterior of your house also plays a huge role in determining its value and general appeal. If you have a large driveway space, it will be a worthwhile investment to revamp the space. Asphalt can become worn down, cracked, and in need of maintenance.
We suggest hiring a private roadway contractor such as Sunshine Services in Palm Beach and Broward County for your driveway repair and maintenance, asphalt paving, and seal coating. You can get in touch with Sunshine Services at https://www.sunshineservices.us/contact-us/ or email them at [email protected].
5. Install an Updated HVAC System
Heating, ventilation, and air conditioning is the best way to increase the level of comfort in your home. The weather can be unpredictable and cause all kinds of discomfort, from extreme heat to uncomfortable cold nights. An updated HVAC system can greatly increase your home’s value and increase the standard of your living. Additionally, you would save a lot of energy and save money on your bills as well.
6. Consider A Loft Conversion or Adding An Extra Room
If you have attic space that is being wasted, consider adding on a loft conversion. You can easily add one or two rooms to your home, maybe a guest room, a proper storage space, or a home office. More rooms in the house will greatly increase the value of the house and give you more livable space as well.
You can also add a home extension if you have space outdoors, like a big yard that isn’t being used much. This can be a great way to increase the square footage of your house and increase its value.
Our Final Thoughts
There is no better way to spend your savings than investing them in your home. Whether you plan to live in your home for many more years to come or are hoping to sell it in the future and move into a different house, home improvement projects can improve your standard of living and increase the value of your property. If you’re looking to get started on some big-budget renovation projects, be sure to keep our list in mind.