There are several types of home renovations that can do wonders for the value of your home and investment portfolio. These renovations range from fixing up the inside of your home to building another structure on your property (think decks, patios, or garages).
With all of the different types of home renovations out there, what will give you the biggest return on your investments? Below, take a look at the six different types of home renovations that will give you the best return on your investment.
1. Kitchen Remodel
One of the top home renovations that will help you get a big return on your investment or help you sell a house fast is a kitchen remodel. The kitchen is the central part of the house, and you can make the space better by adding better cabinets, countertops, appliances, and even seating furniture.
Having an appealing and functional kitchen is important as this will make it very easy for you to prepare meals and invite guests over. You’ll feel more confident to do these things in your kitchen if you know that the space looks good, right?]
2. Garage Door Installation
Another home renovation you can do is to install a garage door. Because of its size, the garage door can make or break the appearance and ambiance of your property. Your garage doors are one of the first things people will see on your property, and how they look can make or break people’s impression of your house.
Garage doors have been designed to keep your car and other valuables safe from theft and harsh weather conditions. When you have a garage door, you’ll have peace of mind, knowing that all of your valuables are safe 24/7 and that no intruder can enter your home through the garage.
With a new garage door, you won’t have any problems impressing guests or selling your property to cash home buyers in the future.
3. Bathroom Improvement
The bathroom is another essential area of the house because the household starts and ends their days here. The bathroom can also affect your ability to relax and stay clean. How can you de-stress from a tiring day at work if your bathroom is too old or doesn’t even function properly?
Another home renovation that can give you the biggest return is improving your bathroom. Depending on your budget, you can start by replacing your tub, upgrading your tiles, or installing a new toilet or sink. You can also try out painting the walls in another color or repairing damaged walls for a cheaper renovation project.
The exteriors are important because they set the mood of the whole house. It’ll be challenging for you to convince guests that you’re properly taking care of your property if your exteriors are unkempt.
If you want your exteriors to leave a positive and lasting impression, invest in landscaping. This renovation project can be costly, especially if you have a large outdoor space, but the returns will be worth it. You can improve your landscaping by adding greeneries, a fountain, or a walkway. You can also opt to install a deck or patio in your outdoor space so your friends and family can enjoy another living space within the property
5. Entry Door Upgrade
An entry door upgrade can seem like a small change, but if you look at the long-term return on investment you can gain from this upgrade, it can be one of the best home renovations to consider.
Depending on the current condition of your entry door, you can choose to remove the old one to make room for a brand new model or consider painting your old entry door in another color. You can also install door trimmings to add more life and color to your entryway.
6. Basement Update
The basement is actually a very functional space, yet most homeowners only utilize it to keep the least used items. Basements are often used as storage areas for costumes, decorations, and even damaged items.
To maximize your basement, update the space by thoroughly cleaning the area, adding some cabinets, or installing a stainless steel drop-in bar sink. Adding an under-counter refrigerator and covering concrete floors with modular subfloors are also great ideas to consider.
Regardless of how much you’re planning to spend for your basement and how you’re planning to use the area, there’ll always be cost-effective ways for you to update the space.
7. Hire Professionals
The amount of work that goes into home renovations can be overwhelming for some people. Fortunately, you don’t have to deal with these problems yourself as you can always hire professionals who can do the work for you. With their experience and equipment, you’ll be able to renovate your home fast and eventually get the biggest return from these investments.