10.21.2024

3 Home Renovations with The Investment

 

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Making your home an oasis is something personal to each and every person. While you want to make changes that invest in the value of the property and enhance its resale value should the time come to sell, you also want to create a home that is uniquely yours and gives you everything you want and need from the space so you can maximize your enjoyment living there.


Fortunately, home improvements and adaptations offer the perfect opportunity to marry these two goals. You can find the ideal balance to increase your home's value while also personalizing the property and infusing it with your personality, creating a space that truly reflects who you are and what you love.


But what can you do to make your home perfect? These suggestions are ideal ways to renovate your home and add value and smart investments that can significantly enhance your home's worth, providing a solid return on your investment.


Add A Sunroom

A sunroom is described as a room with large windows that let in a lot of light. Typically, there is between 75 and 90% glazing to flood the space with sunlight, blending the home to your outdoor space to allow you to take in the surrounding area without going outdoors. Modern sunrooms can be incredibly energy efficient and designed to complement a range of houses, even those with more unique stylings and shapes. Your sunroom will be attached to the house and can be the perfect place to spend sunny days, those winter months, and every day in between. Estimates suggest you can recoup up to 50% of the cost of adding a sunroom to your home upon selling in some areas, especially if you're looking at Custom Designed Sunrooms to complement the building and the landscape.


Landscaping

If you love to spend time outdoors instead of cooped up inside a building, one of the best investments you can make is to do your landscaping. Again, this is an area that you can customize to meet your exact requirements. According to The American Society of Landscape Architects, a well-landscaped yard can be your haven for peace and tranquillity or fun and excitement as per your wishes and give you a 15 to 25% ROI on your investment. At the same time, other sources suggest you can recoup up to 400%. Of course, the more you invest, the quality of design and finish, as well as maintenance and compatibility with the design of the house, can impact the value landscaping can add. Still, it's a worthwhile investment for your enjoyment, too.


Basement or Attic Conversion

Maximizing the internal square footage of your home by renovating unused areas has always been a popular endeavor carried out by homeowners worldwide. If you want to boost your home's value and get the most from the building, then looking at renovating your basement or attic, if you have one or both, can be the perfect way to do so. Renovating these areas can give you decent returns, 86% on basement work and 75% for attic projects, and are dependent on the quality and the scope of the work. This means ensuring you cover aspects of the renovation, such as making the basement watertight, adding in electrics and plumbing if required, increasing natural light sources, or mimicking natural light with interior lighting issues. You need to pay attention to the heat in the attic for renovating the top of your house as this space can get warm, so an extra HVAC unit could be required or added insulation; you could also need to add windows and electrics, and plumbing up there too if your space is going to include bathroom features or an ensuite. The versatility of these spaces allows for multiple uses, making this project an exciting opportunity to enhance your home's value and functionality.

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