How Do Renovations Affect Home Value?

Halo Group Real Estate Advisors Blog

If you are looking to add value to your home in Denver, there are a number of renovations that you can do to increase its appeal. Below, we will discuss some of the best home renovations that you can do to add value to your property.

Garage Door Replacement

Replacing an old or damaged garage door can add curb appeal and value to your home. It’s a relatively simple renovation but it can make a significant impact to increasing its appeal.

Choose a garage door that matches the rest of your home so that you don’t create a look that is mismatched. You should also consider the security of the door, as well as its insulation to ensure that it is energy-efficient.

Light Kitchen Remodel

A minor kitchen remodel can add a great deal of value to your home. Replacing old appliances with new energy-efficient ones, repainting the cabinets, and replacing countertops can all help to increase the value of your home.

Enhanced Deck Lighting

Adding lighting to your deck can create the perfect atmosphere for entertaining guests or simply relaxing after a long day. You’ll create a warm and inviting atmosphere that will increase your home’s value.

Updating Kitchen Lighting

Replacing old and inefficient lighting with new energy-efficient options is a great way to update your kitchen and add value to your home. New lighting can brighten up the space and make it more inviting, as well as help you save on your energy bills.

Manufactured Stone Veneer

If you’d like to give the exterior of your home a luxurious and high-end look, you should consider adding manufactured stone veneer. This is a relatively simple renovation that can make a big difference in the look of your home.

Refinished Siding

If your home’s siding is old and worn out, it can definitely affect its curb appeal. Replacing the siding with new and updated material will help to increase the value of your home. Choose a color and style that compliments the rest of your home so that it looks cohesive.

Window Replacements

Old and outdated windows can really drag down the look of your home. Replacing them with new energy-efficient windows will not only improve the appearance of your home but it will also help you save on your energy bills.

Roof Replacement

If your roof is old and in need of repair, it can definitely negatively impact the value of your home. Replacing an old roof with a new one will increase the curb appeal and value of your property.

Deck Addition

Adding a deck to your home is a great way to increase its living space and make it more enjoyable to spend time in. It’s also a great selling point.

Takeaway

These are just a few of the best home renovations that you can do to add value to your property in Denver. Be sure to consult with your realtor or a real estate professional before undertaking any major renovations so that you can be sure that they are done properly and up to code.

What renovations have you done recently to your home to increase its value?