For most people, home renovations answer a family need – perhaps a finished basement for the kids’ playroom or an upgraded master bathroom. Below are a few worthwhile projects if you plan to remain in your home for more than a couple of years while adding value to your home.
Replace Your Front Door
I know it sounds daft but it is an automatic win when it comes to home envy, a new front door will return about 90 percent of its value in sales price. A welcoming and attractive front entrance is a winning feature.
Switch to Hardwood Floors
Depending on where you live and the style of your home, upgrading your carpet or laminate floors to hardwood flooring can return between 78 and 91 percent of the cost when you resell your home. Also keep in mind that engineered wood products don’t fare nearly as well – so go for the real thing and oak is a favourite among home buyers.
Upgrade Your Bathroom
Bringing your bathrooms into the 21st century creates a high degree of functionality and a huge return on your investment. You don’t have to necessarily gut it and start over. New fixtures, fresh paint and light fixtures, and exhaust fans are good places to start.
Renovate your fireplace
Adding a wood-burning stove makes your home so much more appealing. Again adding value to your home while creating a warming charm.
Update your central heating
I Know again it may not sound like a must have but the benefits out way the cost hugely. If selling your home having a modern system is must.