Difference between renovation and upgrade?

What’s the difference between renovation and upgrade in a property?

Renovation and upgrade both improve property, but they mean different things. Renovation usually involves restoring or repairing parts of a home to bring it back to good condition. This could mean fixing walls or updating plumbing. Upgrade, on the other hand, is about enhancing features or adding new ones, like modern appliances or smart home tech. So, renovation is more about maintaining, while upgrade is about improving. Both add value!