10 Ways to Increase Your Home's Value with Remodeling and Additions

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Homeowners often have lots of reasons for remodeling their space, from adding new features to improve convenience and style to significantly increasing its value so it becomes more appealing to potential buyers. Whatever your goals, here are ten ways to enhance your home’s value through strategic remodeling and additions.

1. Upgrade the Kitchen

The kitchen is often considered the heart of the home, and upgrading it can yield a high return on investment. A few of the biggest ways to make an impact are installing new countertops, replacing old appliances with modern ones, and installing custom cabinetry. Improving the flow and function of your kitchen, which can be as easy as adding a kitchen island, can also make the area more attractive and convenient. ‍

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2. Bathroom Remodel

Another busy room of the home? The bathroom. Updating or even adding bathrooms can greatly increase your home’s value and hopefully make mornings easier. Regardless of the size of your space, modern fixtures, energy-efficient toilets, and stylish yet storage-friendly cabinets or vanities can make a big difference. If you’re not looking to splurge, a fresh coat of paint, new tiles, or upgraded lighting can transform an outdated bathroom into a luxurious oasis.

3. Add a Primary Suite

Creating a primary bedroom is a must if you have an older home with smaller bedrooms and shared bathrooms. A primary suite with a spacious bedroom, walk-in closet, and en-suite bathroom can be a huge convenience for you and a major selling point for buyers.

4. Finish the Basement

An unfinished basement has an untapped potential. Converting it into a livable space, such as a family room, home office, or guest suite, can add considerable square footage to your home while boosting the enjoyment you get from the space. If you decide to go this route, make sure it’s well-insulated, properly ventilated, and has adequate lighting to make it cozy and inviting.

5. Enhance the Curb Appeal

Improving your home’s exterior can be just as important as enhancing the interior. Consider repainting the outside, updating the front door, adding landscaping features, or even adding an addition, such as a screened-in porch or sunroom.

6. Out with the Old

There are things that can instantly date your home, including popcorn ceilings, wood paneling, old wallpaper, and flooring that has seen better days. Doing away with outdated and old features can be a simple way to make a big impact, bringing your home into the modern age while simultaneously bringing up its value.

7. Energy-Efficient Improvements

Energy efficiency is a significant selling point for most modern homebuyers. Upgrading windows, adding insulation, and installing energy-efficient appliances and HVAC systems can reduce your current utility costs and increase your home’s value for the future. If you really want to go all in, consider adding solar panels for a significant boost in energy savings and marketability.

8. Open Up the Floor Plan

While a super open floor plan isn’t as popular as it once was, airy, roomy, and flexible spaces are definitely in. Removing non-structural walls to create a more open floor plan can make your home feel larger and more cohesive. This type of remodel is particularly effective in older homes with smaller, compartmentalized rooms.

9. Upgrade Flooring

New flooring can dramatically improve the look and feel of your home, especially if you opt for luxurious materials with a striking aesthetic. Hardwood floors are particularly appealing to buyers and offer a high return on investment. If hardwood is out of your budget, consider high-quality laminate or luxury vinyl plank flooring that mimics the look of wood.

10. Improve Lighting

Good lighting can’t be understated. It enhances the ambiance and functionality of your home. Update old fixtures with modern, energy-efficient ones that exude taste and style. Add under-cabinet lighting in the kitchen, install dimmer switches for flexibility, and use statement fixtures to highlight key areas. You can also ensure all rooms have ample natural light by adding windows or skylights where possible.

Remodeling and adding new features to your home can significantly increase its market value and make it more enjoyable to live in. Focus on high-impact areas like the kitchen, bathrooms, and exterior, and consider the preferences of modern buyers when planning your upgrades.