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Top 5 Renovations to Increase Home Value

As a homeowner, investing in a renovation or remodel isn’t just about improving your living space — it’s also about increasing the value of your home. Whether you’re preparing to sell or simply want to increase the equity in the home, strategic renovations and/or remodels can make a massive difference in your life and on your bank account. Here are the top five types of renovations and remodels that can boost your home’s market value:

  1. Kitchen Remodeling

The kitchen has long been considered the heart of the home, and for good reason. A well-designed, modern kitchen not only improves functionality but also adds a lot of value to your home. During this process, upgrading to energy-efficient appliances, installing new countertops and cabinets, and adding a timeless backsplash are just a few of the ways we can improve the value of your home. Open floor plans that seamlessly blend the kitchen with the dining or living areas are also popular and can enhance the overall appeal of your home.

  1. Bathroom Renovation

Next to the kitchen, bathrooms are crucial spaces that potential buyers want to see done right. A bathroom renovation can range from simple updates like replacing fixtures and retiling the shower to more extensive projects such as installing a new bathtub or creating a spa-like atmosphere. During this process, we like to pay special attention to lighting, storage solutions, and overall cleanliness and modernity of the space, to maximize the impact of the finished product.

  1. Adding a Deck or Patio

Outdoor living spaces have become increasingly desirable among homeowners. Adding a well-designed deck or patio can significantly expand your usable square footage and create an inviting area for entertaining or relaxing outdoors. During this process, we like to choose durable materials that require minimal maintenance. It’s also important to consider adding features like built-in seating, outdoor kitchens, or fireplaces to enhance the way these spaces are used every day.

  1. Energy-Efficient Improvements

In today’s environmentally conscious market, energy-efficient homes are very attractive to buyers. Investing in upgrades such as new windows and doors, improved insulation, and energy-efficient heating and cooling systems can not only reduce the costs on your utility bills, but also increase the value of the home as a whole.

  1. Basement Finishing

If your home has an unfinished basement, completing this space can significantly boost its value and appeal to potential buyers. We’ve been working with homeowners in Niagara for years, transform their unfinished or dated basements in functional living areas such as family rooms, home offices, or guest suites. During this process, we have the opportunity to address important issues for homeowners such as the use of proper insulation, attractive lighting, and moisture control to create comfortable and inviting environments. A finished basement adds valuable square footage to your home, making it more attractive to potential buyers – and giving you years of enjoyment while you’re in the home.

 

Conclusion

Renovating your home to increase its value requires careful planning and consideration of both current market trends and your personal needs. Whether you’re preparing to sell or simply want to enjoy a more comfortable home, these top five renovations are the best ways to enhance your home’s appeal and maximize its market value.

As you embark on your renovation journey, consider giving us a call and setting up your in home consultation. SteveBuilt Inc. has been working with homeowners in the Niagara Region for a number of years now, and we love bringing Niagara’s dreams to life. Ready to elevate your home’s value? Start planning your renovations today!

To Your Success, The SteveBuilt Team