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Renovating a home often yields the property owner numerous positive results. Arguably, however, the most important occurrence to emerge from this process is the increase to resale value. Many construction industry professionals maintain engaging in the following eight home renovations can significantly increase the residence’s worth:
Finish The Basement
Basements that appear to be more than a damp, grimy space where old junk is stored are significant value-boosting assets. Homeowners have many choices when deciding how to transform this often untapped below-ground space. Contracting professionals opine basements often prove suitable locations for kids playrooms, additional bathrooms or media centers. Regardless, real estate officials recommend homeowners make some upgrades and never leave the space dark, dingy and fallow.
Build A Home Office
For many businesses, telecommuting has become a viable option for a discernible percentage of said establishments staff. In fact, since the outbreak of the Covid-19 pandemic, working from home has been the norm in various industries. With such facts in mind, homes with built-in offices could prove extremely attractive. Such locations should be rife with open space to position furniture and electronic equipment, in addition to extra phone lines, data ports and electrical outlets.
Perform A Kitchen Makeover
Kitchen makeovers are among the most important home renovations for a property owner. Residents usually spend extended periods in this room to cook, eat and relax. Therefore, homes with inviting kitchens stand a far better chance of selling quickly and for top dollar than those that do not possess such attributes. Optimal kitchen upgrades should, at the very least, include the installation of new or renovated cabinets and drawers and modern, energy-efficient appliances.
Address The Bathroom Situation
Though occasionally overlooked and undervalued, bathrooms are viewed as pertinent real estate within a home. Too few bathrooms or those appearing old or outdated may very well turn off prospective buyers. Therefore, should the home contain at least two or three washrooms, engaging in upgrades involves paint jobs, new flooring, and modern, water-conserving sinks, baths, and toilets. If the home in question lacks bathrooms, the property owner is strongly encouraged to add such locations.
Increase Lighting
Few issues prove more off-putting to potential home purchasers than a residence lacking the appropriate lighting. First and foremost, limited light could prove dangerous and precipitate avoidable injuries from falls or bumping into objects that cannot be seen. Furthermore, light provides natural illumination for a home and can accentuate existing positive attributes. Enhancing a home’s lighting capacity could be executed in several ways. First, electric fixtures can be installed. Additionally, items drawing in natural sunlight, such as skylights and windows, could be inserted.
