With house prices constantly rising, packing and moving is on the minds of many homeowners. But luckily, thanks to home improvement projects, living in an older or unwanted home can be worth it.
It is indisputable that renovating a house can make it much more livable, but you should also keep in mind that certain improvements can significantly increase the value of sales.
So, when considering improvements or modifications to your home, it is essential that you give high priority to options that would make your home more marketable.
This article will introduce you to the best home improvement projects to consider in Nanaimo. These projects can give you a high return on investment and improve the functionality and overall appeal of your home.
Install new windows and front doors
Replacing your old windows and front doors with new ones is a great way to make your home look like new.
These fixtures come in several modern designs and have intriguing features that are sure to increase the selling value of your home.
- According to Ecoline, Nanaimo’s window replacement experts, insulated vinyl windows are a great value to potential buyers because they are up to 50% more energy efficient than older standard windows.
- Additionally, entry doors with considerable aesthetic appeal and high energy ratings have proven to be one of the top considerations for buyers when buying a home.
According to one report, homeowners can expect to recover up to 67% of the cost of this type of project.
Change the finish of your floor
You can never go wrong with new floor finishes. Compared to most home improvement projects, changing a home’s floor finish is quite affordable.
Floor finishes like hardwood and cork give a modern feel and look to a home and are highly valued by potential buyers.
It is possible to recover more than 100% of the initial cost of this project when selling your house; just be sure to invest in high quality, eco-friendly flooring.
Also, make sure the flooring option you choose matches the design flow of the room you plan to use it in.
Renovate all bathrooms
Changing a thing or two about the bathrooms in your home is one of the easiest remodeling projects you can undertake because you rarely have to start from scratch.
You can replace your bathroom blinds, change the shower curtains, upgrade the lighting, paint your vanity, and even cover the floors with tile stickers or any other flooring option.
Repairing faulty or old bathroom fixtures or items is also one of the big changes you can make to this part of your home.
If you ever decide to put your home up for sale, you can recoup around 75% of the cost of the renovation.
Finishing or work in the basement
If your basement is unfinished, you might want to consider turning it into a simple guest room or a gym.
Making valuable changes to this space will make your home more marketable and ensure that every room in your home is put to good use. Additionally, your basement should also have modern egress windows that are properly designed and installed to comply with the local Nanaimo building code if you want to turn your basement into just one more living room in your home.
Contact a local real estate professional or research online about the most popular types of basement renovations in your area before starting this project.
Whether you plan to sell your home in Nanaimo in the future or plan to stay here until death do you part, you will never regret focusing your home improvement projects more on improving your the value of your home than on its visual appeal.
Don’t hesitate to seek professional help for projects that you don’t have the expertise or technical know-how to handle.
We hope we were able to provide you with some helpful insight into the best home improvement projects to consider in Nanaimo with a high return on investment. Good luck!