These 5 Renovations Will Increase Your Home’s Value

If you are thinking about making a few major home improvements, there are a few that help to increase the value of your home. You might be considering putting your home on the market, or you just want a few upgrades to your home. Return on investment is always something to keep in mind. A potential buyer views home renovations as money saved. If you are looking into home renovations that increase home value, here are 5 ideas to get you started.

Build a Home Addition

Building an addition to your home not only increases the square footage, but it will also increase your home’s value. Adding an extra bedroom, expanding your kitchen, or turning your garage into an additional room can make a big difference. 

Home additions are one of the best investments you can make to your home, whether you are selling or not. You may need the extra room for a growing family or a granny suit to rent out.

Revamp Your Kitchen

Everyone wants a bigger kitchen. However, not just bigger, but also more efficient. You want to increase the workspace, upgrade your lighting, and maybe expand the kitchen by removing a wall.

If you are in an older home, it’s important to upgrade the plumbing, electrical and add more modern appliances. Smart appliances can end up saving you money and they are so easy to use, it makes your life much easier.

Redo Your Bathroom

A tired, dark, and cramped bathroom isn’t very pleasant. Your bathroom is a home remodeling project that will always pay for itself. You can upgrade fixtures, faucets, and the plumbing.

Consider removing the tub if you have more than one, getting multiple lighting options, and new tiles on the floors and walls. Heated floors are a welcome addition when you live in the GTA.

Transform Outdoor Space

Any home builder in Toronto will tell you that adding a beautiful outdoor space will increase the value of your home. It’s a pleasure to be able to sit outside in a beautiful space.

You can entertain guests, cook outside, and expand your living space a great deal. A covered deck with heating can extend the time you are able to use your outdoor space.

Improve Accessibility Options

By improving the accessibility of your home, you are not just increasing the value but its overall appeal. It is more welcoming for guests, makes life easier for you, and you don’t have to worry about doing it as you age.

Wider doors, alternatives to stairs, easier access to bathtubs, or a new walk-in shower stall can make the world of difference. Making your kitchen bigger makes it easier for you and everyone to move around comfortably.

Contact Us

If you are looking for the best home builder in Toronto, look no further than Lumara Homes. Our trained and experienced team offers full-service renovation and building options. We will work with you every step of the way to ensure your dreams become a reality.

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