When sitting down to compile your renovation wish list it can seem to go on forever if you let it. Between needs, wants and keeping up with the latest trends it can be daunting. But if you categorize your renovations it can help you prioritize which projects to tackle first. One way to categorize is to look at which renovations will boost your property value. Here are a few of the most popular property value boosters.
But first the basics
Reality check time. You need to take care of the basic structural stuff first. It may not be flashy and sexy, and doesn’t do a ton for your curb appeal, but fixing things like foundations, leaky roofs, plumbing, electrical etc. should always be your first priority. It’s pretty much table stakes for home ownership and will impact your overall property value, especially if you ever put your house on the market. That top-of-the-line kitchen may get buyers to put in an offer, but you may not like the offer if they take ten grand off to fix a leaky basement.
Now let’s get out from under that wet blanket and look at some fun stuff.
Fix your floors
Your flooring anchors every room in your house and should be cared for accordingly. Restoring existing flooring or replacing old flooring will instantly transform the look and feel of your house for the better. It’s a huge impact reno for sure.
Kill it in the kitchen
We’ve talked about how important the kitchen is before. It’s the heart of your home. It’s where families come together, where we nurture our bodies and our relationships. Creating a modern, warm, welcoming environment will always offer a return on your investment, whether it’s monetarily if you ever sell or in an improved quality of life for you and your family.
Fix those fixtures
Updating old fixtures is a relatively quick, easy and affordable thing you can do to transform your home. Do it all at once, or update a few things a month, as your budget allows. Fixing fixtures is something you can often squeeze around another, bigger, more expensive reno that’s taking up a lot of your budget. And many of these jobs you can do by yourself, if you’re a little handy.
Hail to the throne
Bathrooms, like kitchens, are one of those communal rooms that, if renovated right, will give you a lot of bang for your buck. Bathrooms have transformed from functional spaces to spa-like escapes. Modernizing your bathroom will make your home attractive to prospective buyers and if you’re not selling, create a space for you to escape the stresses of the day-to-day.
Looking at boosting your property value is just one way you can organize and prioritize your renovation wish list. Our team of experts at Quantum Construction can also help you prioritize the renovations that bets suit your lifestyle, budget, wants and needs. Contact us today to learn more.