One of the main reasons homeowners renovate is to increase the value of their property. The right projects can boost resale potential, while others may not provide a strong return on investment.
Renovations That Add the Most Value:
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Kitchen Remodels: A modern, functional kitchen is one of the top selling points for buyers.
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Bathroom Upgrades: Updated bathrooms add comfort and appeal.
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Energy Efficiency Improvements: Insulation, windows, and efficient heating systems cut bills and attract eco-conscious buyers.
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Loft or Basement Conversions: Extra usable space increases market value.
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Curb Appeal: Fresh paint, landscaping, and a tidy exterior boost first impressions.
Renovations That May Not Add Value:
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Overly personalized décor choices that don’t appeal to most buyers.
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Luxury features (like pools or high-end tech) that cost more than they return.
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Poorly executed DIY jobs that buyers see as future expenses.
Tips:
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Research local property trends to see which upgrades are most sought after.
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Balance personal enjoyment with potential resale value.
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Keep quality high, but avoid overcapitalising—spending more than you’ll recoup.
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