Whether you want to enhance your current home’s features with small upgrades, or are ready for a major transformation, there is no shortage of ways you can add value to your home! Consider these ideas when investing in your home, whether you are looking to attract buyers or have no plans of ever moving!
Small changes for a big impact
It’s easy to wonder which home improvements add the most value. There are plenty of minimal labor-intensive projects to start with! Small changes such as new fixtures in your kitchen or bathroom can help to elevate the space and give them an updated appearance. If you can, consider upgrading some of your appliances to more energy-efficient options. Refrigerators, washer and dryers, dishwashers, and even energy efficient toilets can all add to the overall value of your home.
Installing smart-home technology such as thermostats, security systems, and lighting can also be less labor-intensive ways to bring additional value to your home. These in-home systems allow you to control their settings remotely through a smart phone app or web interface, helping you maximize the energy efficiency of your home. Depending on the system you choose and its complexity, smart-home technology can vary from DIY-friendly to requiring professional installation. Whatever level of smart-home technology you’re considering upgrading your home with, it is sure to add to increase your home’s value.
When it comes to what adds value to a home, small details can make a big difference. One easy swap is replacing old fluorescent light bulbs with LED. Not only are LED bulbs more energy efficient, but they have a longer life span and will save you money in the long run as well. Adding strip lighting in your garage or any other areas of your home that are not well lit is another fool-proof way to subtly up the value of your home’s appearance.
Lastly, there’s nothing like a fresh coat of paint or an accent wall to liven up your space. However, if you’re looking to increase your home’s value solely for resale purposes, sticking with neutral colors is always the best idea!
Moderate home improvements that stand out
For a more hands-on project to make a big visual impact on your home, consider a kitchen or bathroom renovation. Upgrading the cabinets and appliances in your kitchen is guaranteed to give the space an updated appearance. The same can be said for your bathroom. Converting your old bathtub into a walk-in shower or your half bath into a full are two major upgrades you can make that will improve the overall value of your home.
Replacing the carpeting in your home or opting for tile or laminate flooring is another way to achieve that “new home” look. Luxury Vinyl Tile flooring or LVT is a durable and affordable option and resembles the look of real hardwood, tile, or stone flooring.
Consider adding to the curb appeal of your home through a new front door, updated garage doors, new windows, or even a fresh coat of paint to really make your home look good as new! If you’re looking to update your current outdoor spaces, landscaping is a great way to complement the outward appearance of your home and help it stand out.
Major upgrades with a wow factor
If you’re looking for a major upgrade to transform your home and increase its value, there are plenty of options to consider. If possible, converting your space into an open-concept layout is a big way to completely change your home’s atmosphere and give it a modern feel.
A roof replacement or new siding are also major updates that not only are attractive to potential buyers but are a worthwhile investment in the life of your home. If you live in the country, a metal roof may be worth consideration for its durability to the elements and debris. If you live out in the open where there is plenty of sun, solar panels may also be another upgrade to consider.
To enhance your outdoor living spaces even more, adding on or updating your deck or patio will make them feel like a brand-new space!
Maybe you’re thinking of adding on to your home to make your current home match your vision of your dream home. Adding an addition, whether that’s an extended living space or another bedroom and bathroom, has the potential to take your home to another level. Other renovations that increase home value include turning your unfinished basement into a living space complete with egress windows to add to the total square footage of your home.
GreenStone is here to support you through the construction process and offers DIY loans that allow you to be hands on with your home projects and manage them yourself. If you have any questions on how GreenStone can help you make your country home dreams a reality, don’t hesitate to reach out to your local branch!
