Inspiration for a timeless basement remodel in Philadelphia

Elegant home design photo in Chicago

It’s always an excellent idea to renovate some corners in your house if you are looking to sell. It is crucial for you to remember to ‘sell it right,’ which means doing the upgrades and renovations accurately for your homebuyer. Some of the best home renovations — for instance, an upgraded kitchen, remodeled bathroom, or a new deck — can get expensive. This is why it is important to know what kind of return you might expect before you think of taking on a remodeling project.   Top Home Renovations in 2021   If you have smartly budgeted for major remodeling projects, here are some of the upgrades that will immediately add more value to your homes:   Kitchen Remodel   People can go wild in kitchen renovations, but it’s not always required. A kitchen remodeling, if done the right way, is certain to add more value to your home. You will love an even higher return if you remodel a kitchen with traditional designs and builds. This will include replacing your cabinets, refrigerator, stove, flooring, and even sinks and faucets.   Nowadays, a kitchen’s functionality and convenience are becoming more and more important. For instance, lowered light switches, cabinets, and racks can make it simpler for an elderly person or someone with a disability to explore the kitchen if they use a wheelchair. Cabinets with a hydraulic system can make it possible for a homeowner to move their position, ensuring it’s available within your reach no matter your mobility level.   Improving Your Outdoor Appeal   The outdoor appeal is basically the first impression of your home. That old front door, cracked driveway won’t help potential buyers feel an eternal connection with your home. The outdoor appeal can be improved with the application of new paint, gardening, or attractive landscaping. Hence, it is necessary for you to consider beforehand what improvements you are going to make, what you can do yourself, and what you need to outsource.   Begin where your property meets the main street. Are the walls well maintained and colored? Do driveways need to be redone or just a quick water blast to clean them? Do you need to paint your door or close the cracks on them or add a couple of planter pots to give more warmth to the entrance?   More expensive things include painting your house, adding a deck, or fencing your property. Before taking these costly projects, do seek professional advice about whether this will increase your property’s value.   Including Square Footage to Your Home   As mentioned above, expensive additions in remodeling include house extensions and reconfigurations of old rooms. This may lead to a larger ROI, so they’re worth assessing. You may want to add a bedroom, build a home office corner, make the living area by making it more spacious or add another bathroom. These extensions all add value to your home, but you’ll want to guarantee that you can get your money back once you sell the property.   Big projects are more expensive. Homeowners may want to think of applying for a home improvement loan to help them finance the project or ensure they have financial assistance in case the cost goes over the board.   The Bottom Line   Renovating your home not only adds to your excitement but can also increase your home’s value over time, as well.   If you live in an urban area, your listing might be competing with other upgraded homes to grab the buyers’ attention. When you refinance your house, for example, remodeling will be considered when a property appraiser studies your home’s current market value. Higher home value means you’ll get more equity and a lower loan-to-value ratio. Moreover, you might even be able to cancel personal mortgage insurance payments earlier than expected.   When you decide to sell your home, buyers will expect to see a clean, attractive home with modern updates that’s ready to move in.