Home Renovation Projects That Add Value to Your Home

Published on 31 August 2020

If you’re considering renovating your home, you should start off by asking yourself whether this project will add value to your property. There are many relatively small and quick renovations that can turn your home into a more functional, modern and attractive space. And what’s more, when the time comes to sell your home, you can recover that investment and more.

Seven renovations that add value to a home

It makes that space more modern and functional

1. Remodelling the kitchen
Renovating the kitchen is one of the projects that adds the most value to a home because it makes that space more modern and functional. Sometimes, small aesthetic modifications are enough, such as changing the taps and drawer handles or painting the cupboard doors a different colour.
If we take things one step further and replace the appliances with more modern and energy efficient models and change the tiles, then we can increase the value of the house even more. It is often recommended to choose furniture with a neutral design that won’t go out of style with durable materials. Using contrasting tones with stone, wood or slate countertops and accent hoods will work in your favour.

2. Renovating the bathroom
The bathroom is another one of the most important spaces in a home. A new bathroom gives off a pleasant feeling of cleanliness, and if it has a smart design, then it can even be a point of sophistication. When starting the renovation process, the most important thing is to make sure the bathroom has a clean design and modern lines. Including original elements can also work in our favour, but it is important to make sure you don’t overdo it.
Ideally, colours such as white and grey should take centre stage, with spacious showers. Another alternative for transforming the look of a bathroom without an expensive renovation is to install new fixtures, improve the lighting and re-grout and/or paint the tiles.

The right flooring can immediately make us feel comfortable

3. Changing the floors
When we think about the design of a home, we usually don’t pay too much attention to the floors, but cold and impersonal flooring makes a bad first impression, as well as old floors that don’t hide their age. On the contrary, the right flooring can immediately make us feel comfortable and at home.
Wooden floors are highly valued, since they’re a warm and elegant option. There are also similar laminate floors that are much more cost-effective and will greatly enhance the look of any room. To help you save money on the project, you can place the new floor on top of the existing one.

4. Changing the layout of the rooms
Our needs, lifestyle and habits have changed over time. For this reason, a house that’s anchored in the past can’t be very functional for today’s world. The key in these cases is to change the layout of the different rooms.
Joining the kitchen with the living room and dining room, for example, could be the right thing to do to achieve larger and more open spaces that are more enjoyable, especially when we have guests over. In a general sense, removing walls and joining rooms helps to enhance the lighting and create a feeling of spaciousness.

5. Renovating the attic or basement
Adding square footage to your home by building new rooms can be expensive and require building permits. A cheaper and faster alternative to add value to your home is to remodel the existing spaces, such as the attic or basement.
Instead of using them as storage rooms, you can turn them into functional spaces. You can also transform them into a bedroom, an office, or even a gym. Alternatively, maybe all you really need to do is slap on a coat of paint and/or fix small imperfections.

An attractive exterior is always an added benefit

6. Fixing up the exterior
An attractive exterior is always an added benefit for the property. You may not have to carry out any major renovations and can simply paint the walls or clean the cladding to remove any built-up dirt. In other cases, you may need to replace the windows and the front door. A beautiful and sturdy front door ensures you’ll make an excellent first impression, while modern double-glazed windows provide comfort and significant energy savings.
If you have an outdoor patio, doing a little gardening will also enhance your home’s outdoor experience. To do this, you can prune the trees and shrubs, make sure the lawn is in good condition, and renovate the pathways and add a touch of colour by planting flowers or placing flower pots.

7. Enclosed terraces
Closed-off spaces usually tend to be worth more than open spaces, so closing off a terrace usually adds value to the home by increasing its net floor area. The key is to use quality materials and to turn that terrace into a space that does a good job of joining the interior and exterior.
If your home has good views, it’s best to use glass that allows you to continue enjoying the landscape in a space that’s better protected against the wind, rain or cold. Installing large windows that can be opened in hot weather is another great option. However, it is important to do your research before starting the work, in case you need a building permit.

You need to contact us to discuss the work that is being completed so that we can properly advise you on the cover you have. If you do not contact us you may not have any cover. When you finish the work, you must notify your insurers that the work is completed and of the changes. No research has been completed and readers are advised to conduct their own research before considering any home renovation projects

Take out our home insurance policy and enjoy your newly renovated and protected home