Home renovations can be done for several reasons, including making the house more functional and upgrading its appeal. They are also touted as a way to improve the resale value of a house. Many people choose to renovate those parts of their homes that can potentially benefit them at the time of resale.
Upgrading your bathroom can potentially increase the resale value of your house. Remodeling your bathroom to improve your home’s resale value may be more impactful if you live in a city like Colorado Springs. Its growing population and strong housing market, currently the 6th strongest in the US (source: the US News Housing Market Index), make it a perfect place for investing in bathroom remodeling to increase property value and attract buyers.
When it comes to home renovations, including bathroom remodeling, you don’t have to make extensive changes to increase your home’s value. Often small but visible changes make a big difference. Below, we have listed some common home renovations that can help improve your home’s value.
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Incorporate eco-friendly features into your bathroom
As home buyers become more eco-conscious, homeowners need to consider this aspect when remodeling their bathrooms. Incorporating eco-friendly features can help reduce the wastage of resources such as water and energy and reduce utility bills. As buyers everywhere are more conscious about rising energy costs, they may be willing to pay more for a more sustainable house.
Enhancing the eco-friendliness of your house may offer more apparent benefits if you live in a city like Colorado Springs, where residents value sustainability.
Programs such as COS Love My Air and WastelessCOS are indicative of the city’s commitment to sustainability. If you want home remodeling services in Colorado Springs for eco-friendly upgrades, search the internet for Colorado Springs bathroom remodeling company near me. You will get several options to choose from, some of which may offer bath-to-tub conversions that can help you save water.
There are several eco-friendly features you can incorporate into your bathroom. Some of the options are:
- Replace old lights with energy-efficient LED bulbs.
- Add water-saving technologies such as low-flow toilets and faucets.
- Install dual-flush toilets that provide two flushing options.
- Bath-to-tub conversions.
- Install point of use water heater to reduce energy consumption and water wastage.
- Maximize natural light.
Add skylights
Skylights are trending these days. They are a great solution for homeowners who do not get much natural light throughout the day. Tubular skylights can deliver sunlight, minus the harmful UV light, to the darkest corners of your house when connected to a rooftop dome.
They don’t only reduce your carbon footprint but also help maximize the value of your house. The resale value of a home with green technologies, such as skylights, might be higher than a traditional house of comparatively the same size.
Skylights develop a strong connection between indoor and outdoor environments, providing a visual link to the sky, trees, and other natural elements. This aspect can make skylights particularly appealing for areas with scenic beauty.
Besides incorporating eco-friendliness into your house, skylights also enhance the beauty and appeal of your house. They can serve as major architectural focal points in your house, adding elegance and sophistication to its design.
The best aspect of this revolutionary technology is that it can be incorporated into various parts of your house quickly and does not require much maintenance.
Remodel your kitchen
Buyers appreciate homes that offer efficient and well-organized spaces for cooking, storage, and entertainment.
Therefore, remodeling the kitchen might be a good way to clinch a profitable deal with potential buyers. According to Zillow, even a minor change in the kitchen may help you recoup 81.1% of the cost.
A kitchen remodeling project may also add value to your house by giving it a competitive edge over other listings in the same area. A freshly remodeled kitchen may become the deciding factor, setting your home apart and leading to a faster sale at a better price.
Remodeling the kitchen can make it more appealing by enhancing its functionality. You can improve workflow, increase storage capacity, and utilize the available area effectively.
You can upgrade your kitchen by incorporating new appliances, such as energy-efficient refrigerators, dishwashers, and cooking ranges. You can also repaint cabinets and drawers, enhance the lighting system, and replace old cabinets with modern, sleek cabinets.
Replace the garage door
Replacing the old garage door with a new one is one way you may improve your house’s value.
The garage door is not only a functional component of your house but also significantly contributes to its curb appeal. An old and worn-out garage door can make your house look unattractive, which may reduce its resale value. On the other hand, adding a new garage helps elevates the aesthetics of your house’s exterior.
Adding a new garage door also enhances its functionality. For instance, the old door may have mechanical issues, such as noisy operation, difficulty opening and closing, or unreliable safety features. By replacing the old garage door, you can incorporate elements like remote control, smart technology, and robust security measures.
Paint the walls
Over time, walls can accumulate dirt, scuffs, and marks, giving the impression of neglect. Walls with stains, scratches, and chipping paint seem less attractive than those beautified with a fresh coat of paint.
A fresh coat of paint can also cover imperfections, creating a clean and well-maintained appearance. Therefore, repainting walls is an easy yet highly cost-effective way to potentially increase your house’s resale value. According to HomeLight’s survey of more than 1,000 top real estate agents, applying a fresh coat of paint offers a 152% return on investment.
A fresh coat of paint also makes your house look more spacious, brighter, and cozier. You can choose neutral colors that positively affect the mood and ambiance of your home. Alternatively, you can choose a bold accent color to create a focal point in the house.
Update fixtures
Adding attractive fixtures may be another way to make your house more captivating for buyers. Replacing old and malfunctioning switch plates, light fixtures, and doorknobs can instantly upgrade your space.
When choosing fixtures and curtain rods, make sure they go with your house’s overall appeal and style. This way, you can create a cohesive look in your home.
Conclusion
Home renovation may improve your house’s resale value through several home improvement projects. Some of the projects, such as upgrading fixtures, incorporating eco-friendly elements, painting the walls, etc., which may increase the value of your house considerably, are mentioned above.
