What Does a Home Renovation Really Add to Its Value?

According to the National Association of Realtors, home renovations can increase property value by as much as 100% in some cases. This is due to various factors, including: • Energy efficiency: Upgrading to energy-efficient appliances and insulation can lead to significant savings on utility bills and energy costs. • Curb appeal: A well-designed exterior renovation can improve the overall appearance of your home, making it more attractive to potential buyers. • Resale value: Home renovations can boost resale value by highlighting the property's best features and addressing any cosmetic concerns.

How Do Renovations Boost Curb Appeal?

A well-designed exterior renovation can have a significant impact on curb appeal. Here are some ways to enhance your home's exterior: • Paint: Fresh paint can completely transform the appearance of your home's exterior. • Trim and molding: Upgrading to new trim and molding can add a touch of elegance and sophistication. • Roofing: A new roofing system can improve the overall look and feel of your home's exterior.

What Are Some Common Home Renovations That Boost Resale Value?

Here are some common home renovations that can increase resale value: • Hardwood floors • Granite countertops • Updated kitchen and bathroom fixtures • Energy-efficient windows