Home Renovations That Add Value to Your Home
Monday Oct 05th, 2020
If you are planning on renovating your home, its always best to keep resale value in mind. Here are some of the top features home-buyers want.
Open Concept Floor Plan. The majority of home buyers like a floor plan that flows seamlessly from one room to another. Entertainers like to be able to chat with their guests while they are preparing food and drinks so a kitchen that is open to the family room is ideal. An open concept floor plan may not be a feature of an older home, however, it usually can be created with the removal of a wall or two.
Modern Eat-in Kitchen. Kitchens continue to be the social centre of the home, so a beautiful kitchen with a large island that can be used for food preparation, eating area and a homework station is must-have feature for many home buyers.
Energy-Efficient Fixtures and Appliances. With energy costs on the rise and growing interest in protecting the environment, buyers are conscious of purchasing homes that are energy efficient. Energy Star appliances LED lighting and high-efficiency furnace, AC and hot water heaters are top on the wish list.
Home Office/Work Space. As technology continues to make us more mobile, many buyers have more options than ever to work from home and having a dedicated space is important.
Outdoor Living Space. A Comfortable outdoor space such as a deck or patio with a dedicated area for cooking, dining, entertaining and relaxing is very important to most home buyers.
Bedroom Level Laundry. Once you have bedroom level laundry you will not want to go back to a basement or main-floor laundry room! This is a typical "must-have" on a home buyer wish list.
Smart Home Technologies. Tech-savvy home buyers want the latest gadgets including programmable thermostats, which can be controlled via a smart phone or tablet; whole home speaker systems; WIFI enable garage doors, video door bells and video monitoring/alarm systems to name a few.
Finished Basement. Many buyers are looking for a finished basement to use as an entertaining space, TV room, games-room or home-gym.