Renovations can make your home a more comfortable place to live while also increasing its value. Some home improvements are more valuable than others, whether they are for your primary residence, vacation home, or investment property.
In general, fashionable updates will add value today. However, in the long run, they may reduce your eventual sale profits.
Want to ensure you're making the best renovation decisions for your properties? Concentrate on high-value projects such as these:
Curb Appeal: Improving the exterior appearance of a home will always add value — consider colorful landscaping or a new front door. Popular updates are those that require little maintenance and upkeep.
Smart Home Features: Smart home tech that increases convenience or makes a home more energy efficient can add long-term value. Top options include smart thermostats, Energy Star appliances, and smart security systems — items that should get plenty of use over the years.
Great Views: Improving the views from your home, particularly in areas like the main bedroom, the kitchen or from the backyard, can do wonders for your home’s value. So how can you do this? Remove trees that block views; add large, floor-to-ceiling windows; or install a spacious balcony.
Luxury Amenities: What constitutes a luxury upgrade? Saunas, infinity pools, gated driveways and outdoor kitchens are all great choices. They can make your home more marketable when it comes time to sell, as well as potentially add to your asking price.
A Fresh Paint Job: Don’t underestimate the value of repainting both the interior and exterior of the home. Just make sure you choose classic hues, typically neutral colors, that will stand the test of time.
Are you looking for an investment property to renovate — or a turnkey vacation home? Get in touch for help finding the perfect fit.
c: myhomehq.biz
