Increase the value of your home with kitchen and bathroom renovations
When it comes to home renovations, the kitchen and bathroom are two of the most important rooms to focus on. “Not only do they play a major role in the overall look and feel of your home, but they’re also two of the most used rooms in the house”, explains renovationists from Sydney Maintenance Group.
That’s why a well-designed and executed kitchen or bathroom renovation can not only make your life at home more enjoyable, but it can also add significant value to your property. In fact, according to the National Association of Realtors (NAR), a kitchen remodel is one of the best home improvement projects when it comes to return on investment (ROI).
For a kitchen renovation, here are a 5 ways you can add value to your home:
1. Increase the size of your kitchen:
If your kitchen is on the small side, consider expanding it to make it more spacious. This will not only make it more comfortable to cook and entertain in, but it will also make your home more appealing to potential buyers.
2. Update your appliances:
Old or outdated appliances can make your kitchen look dated. “By updating to newer, energy-efficient models”, says refrigeration experts fromTasmania, “you’ll not only add value to your home, but you’ll also save money on your energy bills”.
3. Change the layout of your kitchen:
If your kitchen is poorly laid out, it can be uncomfortable to use and inefficient. By changing the layout, you can make your kitchen more functional and user-friendly.
4. Add storage:
Most kitchens could use additional storage, whether it’s for pots and pans, small appliances, or food items. Adding extra storage will make your kitchen more organized and functional.
5. Update the finishes:
Outdated countertops, cabinets, and flooring can make your kitchen look dated. By updating these finishes, you’ll give your kitchen an instant facelift.
For a bathroom renovation, here’s 5 ways you can add value to your home:
1. Increase the size of your bathroom:
If your bathroom is on the small side, then consider expanding it. Even just adding a few square feet can make a big difference in terms of both function and resale value.
2. Update the fixtures and fittings:
Outdated fixtures and fittings can make your bathroom look dated and run-down. By updating these, you’ll instantly give your bathroom a more modern look.
3. Add some luxury features:
If you want to really add some value to your home, then consider adding some high-end features to your bathroom. Things like heated floors, rain showers, or even a Jacuzzi tub can make a big difference in terms of both function and resale value.
4. Make it more energy efficient:
Adding energy efficient features to your bathroom will not only save you money on your utility bills, but it will also make your home more attractive to potential buyers. Energy efficient toilets, showerheads, and light fixtures can all help to increase the value of your home.
5. Give it a fresh coat of paint:
A fresh coat of paint can do wonders for any room in your home, and the bathroom is no exception. By giving your bathroom a new paint job, you’ll instantly brighten it up and make it more inviting.
“No matter what approach you take, adding value to your home through a kitchen or bathroom renovation is a great way to improve its resale value and make it more enjoyable to live in”, points out real estate agent Nathan Hunt.