There are numerous reasons for upgrading or renovating your home, the biggest of them likely being the financial payoff. The project may or may not intimidate you at first, but your return on renovating could easily double if not more, making it totally worth it. In addition, if you’ve owned the home for a few years, it’s possible that it’s value has already appreciated.
If your home is in need of an upgrade, the first thing on your list should be the kitchen. For the newest wave of upcoming homebuyers, that being millennials, the must-have item on the top of their list is an updated kitchen. Many people use their kitchen for things outside of utility, whether it be entertaining, getting work done or simply a space to enjoy with family. With that being said, it’s crucial that you make the kitchen a space that people want to enjoy and spend time in.
A renovation which you may think is more costly than it is: opening up your space. Home buyers love an open floor plan. It makes a home feel bigger and easier for hosting guests. This could simply be taking down a wall that was previously used to create a room; a job which is fairly inexpensive.
Our final suggestion is to remember the outdoors. Not only does this mean to create an outdoor space such as a deck or patio, but it is also important to make your home energy efficient. The times are changing, and there are really no excuses not to be proactive with how you use energy. Future houses, and homeowners, will essentially all be energy efficient. Being ahead of the curve now will allow you to appeal to those young home buyers who place a high value on sustainability.
Adding value to your home is well worth the money spent out of pocket now, so have fun with it and good luck!