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Top 7 Renovations to Increase Home Value

Posted By On November 25 2021
Top 7 renovations to increase home value

Are you planning to sell your house and want to increase your home’s value? To get the best possible offer, you need to invest in upgrades and remodeling some exterior and interior areas of your house. Investing in some home renovations to increase your home’s resale value is worth the time and effort, and getting a waste bin rental in Toronto can help with keeping waste materials out of the way during the home renovation process.

Instead of trying to figure out which renovations to tackle, put yourself in the shoes of your potential homebuyer. What would impress them the most when they take a tour of your home? With this in mind, evaluate which areas of your home that you consider are the highlights. Note them down and think about what you can do to improve its appearance to guarantee the highest return on investment. To get you started on your home remodeling project, here are 7 of the most popular renovations to increase your home’s value.

1. Kitchen remodels

Upgrading your kitchen is the smartest renovation you can do to increase the value of your home. If you think about it, the kitchen is always being used to cook and dine, so it has to look good.

The beauty of kitchen remodeling is that it is an inexpensive investment, and you can do small upgrades that will definitely make a difference. Here is a list of kitchen upgrades to consider:

  • Add an island
  • Change faucets
  • Replace cabinets
  • Insert a new backsplash and countertops
  • Update light fixtures
  • Install new flooring in wood, laminate, or tiles

When planning a kitchen upgrade, it’s best to stick with a look that matches the rest of your house. For instance, if you live in a modern home, a rustic or vintage-style kitchen might look out of place and throw off potential buyers.

2. Bathroom remodels

Having attractive bathrooms is always appealing to future homebuyers. It is known that when a home has multiple remodeled bathrooms, it increases the resale value. Here are typical upgrades you can do to your bathrooms:

  • Paint the walls and refloor with tiles
  • Update light fixtures
  • Install new bathtubs, showers, and sinks
  • Replace toilets
  • Include additional storage space
  • Replace counters

Depending on your budget, if you decide to turn a vacant closet space into a half-bathroom, it can get pricey quickly and might take you out of your budget.

3. Transform the basement

If your basement is still unfinished, turning this space into a furnished basement apartment will make your home a hot commodity to prospective homebuyers. The following rooms should be included in remodeling your basement:

  • Kitchen
  • Living room
  • Bathroom
  • Bedroom
  • Dining space
  • Closet space

Keep in mind that renovating your basement is going to take some time, and you should start this transformation before you put your house on the real estate market.

4. Create an unused space into a room

Besides the basement, if you have unused areas on the main floor of your house, here are some ideas for turning them into useful rooms:

  • Home office
  • Guest bedroom
  • Playroom
  • Home gym
  • Study room

Turning unused space into a unique room can impress future buyers while increasing your home’s resale value on the market.

5. Landscape additions

Let’s turn our attention to the exterior of your home because its outer appearance is just as important as the interior. Landscaping your property makes your home look welcoming and beautiful. Possible landscaping ideas include:

  • Remove dead trees and replace them with new ones
  • Reseed the lawn
  • Place flower beds and planters
  • Add a water fountain
  • Replace old mulch

The best thing about landscape additions is that you can turn them into DIY projects, and you won’t spend an arm and a leg to do them.

6. Smart home automation

With all the technological advances we use every day, smart home devices are in demand in the real estate market. It helps to boost home values by providing prospective buyers with something new. The most common smart home upgrades are:

  • Smart home alarm security system with video surveillance
  • Smart carbon monoxide and smoke detectors
  • Smart thermostats
  • Smart lighting

Having these smart home automation included in your house is likely to impress homebuyers, as they will feel the house is secured and protected by a home alarm security system and devices that they can rely on.

7. Energy-efficient upgrades

Next to smart home automation, including energy-efficient upgrades can save potential buyers money on energy costs in the long run. Here are some of the popular energy-efficient ideas to implement around your house:

  • Use Energy Star appliances
  • Install solar panels
  • Add insulation
  • Replace windows

Before implementing energy-efficient upgrades to your home, consider contacting your gas and electricity providers for a home energy audit. Once they evaluate your home, they can tell you how to boost your home’s efficiency.

Hire a Waste Bin Rental Contractor to Assist in Home Renovations

At Scarborough Disposal, we can help you with cleaning up debris and any textiles removed during home renovations. You will be loading the waste bin with your materials outside on your property, as we do not enter your home, nor lift or assist with loading the waste bin. Here is a summary of the top 7 renovations to increase your home’s value:

  • Kitchen. When planning to upgrade your kitchen, stick with a common theme that matches the style of your house.
  • Bathroom. Having multiple remodeled bathrooms increases the resale value of your home.
  • Furnished basement. Creating a basement apartment will make your home an attractive commodity for home buyers.
  • Unused space. Turning an unused space on the main floor of your house into a home office or playroom can make your home stand out from others on the market.
  • Landscaping. Adding simple green fixtures such as flower beds to your property makes your home look beautiful.
  • Smart home automation. Having a smart home alarm security system and smart smoke detector tells homebuyers that your house is protected.
  • Energy-efficient upgrades. Before installing energy-efficient upgrades to your home, contact your electricity and gas providers for an evaluation.

If you would like to request a free estimate on waste bin rental in Toronto, call Scarborough Disposal at (416) 265-7979 or contact us here.

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