5 Places to Spend Your Renovation Dollars

5 Places to Spend Your Renovation Dollars

Your home is most likely the largest investment that you have, so it makes sense that you want to upgrade and renovate your home – not only for your own use and enjoyment but for possible resale purposes. There are a few key areas that will give you the most bang for your buck – whether you’re staying in the home or planning on listing it for sale. Putting your renovation dollars to work for you can help increase the value of your home, and make your home your castle.

Let’s look at the top five areas to spend your time, energy and money in:

1. The Kitchen

Have you noticed that no matter the occasion, when you have people over everyone ends up in the kitchen? The kitchen is the heart of a home and is one of the first areas that prospective homebuyers check out. Upgrading your appliances can be a big investment with big impact. Changing to stainless steel is a fast way to modernize your kitchen and give it a fresh new look.  Another noticeable upgrade is replacing countertops with granite or stone. If replacing cabinets is out of your budget, consider adding new knobs and/or painting or resurfacing the doors. A fresh coat of paint and new light fixtures are an inexpensive way of sprucing up this key area.

2. The Bathroom

Next to the kitchen, the bathroom is probably the most used room in the house. Replacing worn and cracked fixtures in the bathroom is a must do. Toilets, tubs and sinks should be clean and in working order. Reglazing your tub instead of replacing it may be a more cost-efficient way to give your restroom a facelift. Add a shiny new faucet and consider getting rid of the dated towel racks and built in toothbrush holders on the wall.

3. The Environment

No, you don’t really have to spend money improving the world at large, but increasing the energy efficiency of your home not only helps the environment, it will appeal to the more green-conscious home buyer. Installing ceiling fans, storm doors and energy efficient windows will reduce energy costs and help Mother Nature at the same time.

4. The Lawn

You’ve made your home more energy efficient inside – adding a sprinkler system will help keep your house looking good outside. Most homeowners love the look of a lushly landscaped lawn, but don’t want the hassle of having to maintain it. Installing an automatic sprinkler system (or making sure that the existing one is in good working order) will keep your beautiful lawn happy – even during the scorching days of summer in South Florida. Using water-conscious methods such as drip watering and rain barrel collection can be smart and economical ways of keeping your lawn healthy.

5. The Technology

Built in speakers with a centralized control panel give homeowners the ability to listen to music anywhere in the house easily. Surround sound systems pre-wired let viewers experience all the action of the big screen in living sound, enhancing their viewing pleasure. By installing these technology friendly features, the next homeowner will be able to plug in and rock out as soon as they move in.

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