Have you been looking around your home lately, eager to update it, but not too sure where to start? Start by narrowing down on a section of your home. To do this, you’ll want to consider which home improvements will add the most value to your home and need the most attention. You may not be selling tomorrow, but if you do, you’ll be glad you chose to renovate accordingly.
Here are the top five house improvements to invest in:
Easily one of the most costly renovations, the kitchen is the best place to sink your money in. When you complete a kitchen renovation in your Kelowna home, you’ll likely recoup 60-150 percent of your money when it comes time to sell.
But before you plan a big, fancy upgrade, you’ll want to consider a few things:
While the kitchen is considered the heart of the home, it also needs to look like it belongs in the home. An out-of-place kitchen can actually negatively affect the value, and if you don’t intend to sell anytime soon, it may be a long time before you see your money, so invest wisely.
Thankfully, living in the Okanagan means more time spent outside, so investing in landscaping and outdoor living spaces is a tremendous value-added renovation. It’ll also provide you with a peaceful and scenic lounging area during the warmer months of the year.
A legal income suite is a great way to increase the value of your home and help pay off the mortgage a little quicker. Whether you decide to convert the basement into a suite or build a suite above the garage, you’ll find your investment will come back to you tenfold over the coming years.
If your bathrooms are starting to look a little dated, consider updating them. A coat of paint, new fixtures, and stylish lights are a great place to start. You don’t have to gut it and completely redesign it. By refreshing what’s already there, your home will look much more modern, and it won’t cost a fortune to do it.
A basement renovation could potentially double the square footage of your home. Not only will it give you and your family a little extra space to relax in, but it’ll also quickly increase the resale value of your home. When making renovation plans down there, be sure to include at least a half bath.
Not sure what to do downstairs? Check out our previous post for inspiration: 5 Basement Renovation Ideas to Complete Your Home.
If you’re ready to dive into a renovation, consider speaking to the team at Rafter 4K Contracting. With more than 25 years of experience in the industry, we can help you plan, coordinate, and execute the renovations of your dreams!