renovations that add value
Fall Is A Great Time To Renovate
As the distractions of having fun in the sun pass with summer, take advantage of cooler weather to improve the appearance and increase the value of your house. While not all renovations break the bank, those on tight budgets can benefit from financing. While searching for a lender, you should plan to shop around for competitive interest rates, reasonable terms and manageable payment obligations. Make sure to disclose your desire to acquire a home-improvement loan as it features attractive benefits to borrowers.
Here are a few common repairs that homeowners perform to add value to their home, according to the experts at Consumer Reports.
KITCHEN UPGRADES
The kitchen has long been regarded as a room that attracts the most attention. If your cabinets or appliances are outdated, refreshing them to more modern standards can change the entire aesthetic of your room. You can also use an attractive backsplash to tie together countertops and cabinets during a renovation.
For more extreme (and expensive) upgrades, redesigning the layout of cabinets or adding an island is another value-enhancing trend. If your new blueprint requires you to remove walls, it’s best to hire an expert who can ensure load-bearing stabilizers remain unaltered.
finishing the basement
This renovation may be an expensive investment but can add ample living space to your home’s square footage. While HomeAdvisor suggests that homeowners should expect to pay between $10,000 and $27,000 when converting a basement, the extra space for a new bedroom or office can add tremendous upside to your property.
redo your floors
Carpet doesn’t hold the same fashion sense as it used to. Updating your floor coverings with high quality hardwood or vinyl is an easy upgrade that can visually enhance a room. When replacing floors, inspect your home’s structure for signs of damaged wood or water spots, especially in the bathroom and kitchen. Resolving these problems before adding new flooring will protect your investment and ensure the newly installed components are uncompromised.