Key Takeaways:
- Homeowners can see a significant return on investment from refinishing their wooden floors, as the National Association of Realtors’ 2022 Remodeling Impact Report reported.
- Upgrading your home’s insulation can save homeowners an average of $508 per year in energy costs and increase the value of your home by 3-4%.
- Painting is one of the most affordable interior renovations available – costing around only $1,300 on average to cover a house with a few rooms.
- Adding extra storage solutions throughout the house is an easy way to increase its value and appeal while making daily life more comfortable.
- Suppose you have an attic that’s not being used. In that case, it could be converted into a usable space like an extra bedroom or office, which would fetch a great return on investment when you resell your home.
Are you a homeowner looking to give your residence an interior upgrade? Or, are you considering putting your house on the market soon and wondering what changes you could make to get the best return on investment? Level Up Innovations LLC has compiled a list of interior renovation ideas to take your home’s resale value up a notch.
Whether sprucing up kitchen cabinets with paint or getting fancy with built-ins in the entryway, these projects are sure to add an impressive touch that potential buyers won’t resist! So read ahead for helpful tips from experienced homeowners and industry experts that breathe fresh life into any space without breaking the bank.
Home Renovation is Impactful – Here’s How!
One of the most vital aspects of a successful home renovation project is considering how it will affect your home’s sale price. At the same time, some investments may be more costly, like new windows or a complete kitchen overhaul. They could add thousands to your home’s resale value if done well. On the other hand, smaller projects can make just as much impact without breaking the bank. A fresh coat of paint on the walls or updating an outdated light fixture can instantly brighten up any room and make it feel modern and inviting.
Renovation Tips For Your Home
1. New Hardwood Floors:
Homeowners see the most significant return on investment from refinishing their wooden floors, as the National Association of Realtors’ 2022 Remodeling Impact Report reported. This is one of the main renovations people have completed since COVID-19 hit.
Homeowners can reap the rewards of refinishing their floors, with an estimated average spend of only $3,400. Subsequently, they will gain around a 147% return on investment upon resale – that’s $5,000 more than the initial expenditure!
2. Upgrade Your Home’s Insulation:
When you upgrade your home’s insulation, you improve your home’s energy efficiency. This investment can save homeowners an average of $508 per year in energy costs. Furthermore, it will also increase the value of your home by an estimated 3-4%.
3. Refresh Your Interior Paint Job:
An easy way to reimagine a space – without breaking the bank – is to refresh and update its paint job! A fresh coat of paint on all surfaces, including trim, can help create a modern and sleek look that potential buyers love. Plus, painting is one of the most affordable interior renovations available – costing around only $1,300 on average to cover a house with a few rooms.
4. Upgrade Your Cabinetry:
Cabinets can make or break a kitchen, so updating them is essential if they appear outdated. Replacing cabinets can be pricey, but you don’t have to replace them to get an updated look completely. Refinishing existing cabinetry with a new color or hardware can refresh your kitchen! It might cost around $2,000, depending on the required work.
5. Add Extra Storage:
Adding extra storage throughout the house is an easy way to increase its value and appeal while making daily life more comfortable. Whether it’s additional cabinets or shelving units added into living rooms or bedrooms, adding extra storage spaces helps potential buyers better visualize how they can use the space. It’s also a great way to keep your home clutter-free and organized while adding extra visual appeal!
Related: Home Addition Delays & Disruptions: Avoid Them With These Pro Tips
6. Converting Your Attic:
If you have an attic that’s not being used, consider converting it into a usable space. It can be transformed into an extra bedroom or office and become an additional storage area. While the cost of this will depend on the work required, it could fetch a great return on investment when you resell your home.
7. Install Smart Home Technology:
Investing in innovative home technology can give your home a massive boost in value – and convenience! Imagine having automated lights, thermostats, doorbells, security systems, and more from one centralized hub – cool, right? Apart from boosting resale value, this feature alone could save you many bucks on energy bills and even help protect your home from burglary.
8. Upgrade Your Kitchen:
If you want to redo one area in your house, the kitchen should be it! Investing in new appliances, countertops, cabinetry, and flooring can significantly raise your property’s value – but more importantly, make for an enjoyable cooking experience for years. And if you’re feeling extra creative – why not add a breakfast nook or island?
9. Update Your Bathroom:
Similar to upgrading your kitchen, giving your bathrooms a facelift is essential to boosting resale value. Consider replacing outdated fixtures with modern ones (like toilets, tubs, and showerheads), and add bright, stylish tiles or wallpaper to make the space more inviting. If you want to go all out, consider adding a new standup shower or double vanity!
10. Create More Living Space:
It’s no secret that potential buyers love having extra room. Consider expanding an existing room by knocking down walls or converting unused spaces like attics into cozy bedrooms. You could also utilize your backyard by adding a sunroom, deck, or patio – giving you additional space for entertaining, relaxation and leisure activities.
These are just a few interior renovation ideas that can help give your home the boost it needs when it’s time for the sale!
So, whether you’re looking to put your property on the market shortly or want to modernize and spruce up your living space – these home interior renovation ideas can help you get the most bang for your buck. They will increase your home’s value and may even help it sell faster! Good luck, happy renovating, and best of luck with your sale!
Expert Home Renovations In Upper Marlboro, Maryland
At Level Up Innovations LLC, we recognize that your home expresses who you are. Our vision for interior renovations is to provide a space that meets your needs and wants. We ensure every detail reflects your desire so it looks fantastic and works perfectly for your lifestyle!
Are you hoping to make a few simple adjustments or renovate your interior in Upper Marlboro, Maryland? Our extraordinary team has the expertise and enthusiasm necessary for any renovation project. From changing the flooring to painting walls, bathroom refurbishing, and even kitchen remodeling – we can do it all quickly! Our passion is evident in every job that we complete. Get an estimate today.
