3 Home Renovations That Can Boost The Value of Your Property

3 Home Renovations That Can Boost The Value of Your Property

Home renovation can be totally fun. Anytime you add something to your home you are impacting its value in the long run. Usually you’ll increase its value, but as Real Property Group warns, sometimes you can decrease it. So why not actually increase the value of your home with these simple renovations and additions?

Whether you’re improving your home for your own pleasure, or you want to flip a house, these three things are sure to add value. These will make your house both more enjoyable, and easier to sell down the road.

A Fireplace Adds Warmth and Value!

Focal Fireplace

Having a fireplace in your home is an elegant detail. If you like to host parties, a fireplace is always a conversation piece. Or if you’re a homebody, it’s a good way to add a comfort to a room and make the entire living space cozy. Truly, a fireplace just improves a house in every way. Plus, a fireplace is not a fixture in every home, so it can add value when it comes time to sell your property.

Many new homeowners don’t realize how simple a fireplace install can be. But even in its simplicity, it still typically adds hundreds or thousands to the valuation of a home because it is such a unique feature.

Many homeowners who are turned off by the maintenance of a fireplace haven’t considered electric fireplaces. Electric fireplaces can completely elevate a room without bringing you the headache of fueling a traditional fireplace with wood. Electric fireplaces are easy to maintain, while still providing all the draw of a traditional fireplace. Check out this season’s top rated fireplaces at https://www.thiselectrichome.com/best-fireplace-reviews/.

A Pool Can Make You Thousands in The Right Climate!

Fiber Optic Pool Lighting

 Another investment that might boost your property value is a pool. If you live in a tropical or subtropical area, having a pool in your backyard makes your place seem irresistible to buyers.

When people see a private pool in a backyard it’s easy for them to imagine spending time there. This is especially true when a prospective buyer is part of a family. So when they see a pool they see the chance to enjoy a fun activity in total privacy, and without the stress of dragging the kids to a friend’s house in the summertime.

Pools are an investment, but they are totally worth it.

Add in a Covered Garage For Some Free Cash!

Garage

If your property doesn’t have a garage, you should add one before you sell your house. Having a covered space that protects your vehicles is essential if you live in any area that is heavily affected by storms. Added garage protection tells potential buyers that their possessions will be secured. A garage that’s covered also brings value to people that want lots of extra storage for home goods, toys and equipment. Any added protection for vehicles and additional space for storage will increase value.

A garage will be the most difficult to add, but it’s another investment that is completely worth it.

A covered garage can even lower a car insurance premium, but check in with your insurer about details. Even an additional detached garage will lead to higher bids from prospective buyers.

In The End

If you want to sell your house high on the market, adding additional features of value is never a bad idea. Unique and practical home renovation touchups will be part of the equation that attracts buyers. Make your home your own, and people are sure to see how special the property is.

When you invest wisely in your home, you’re likely to get your money back in a big way!