Your home is far more than just a place to stay. It’s the biggest investment you’ll ever have in your life. As with any investment, you want to make the most out of it. Renovations are a great way to keep everything new and comfortable.
However, if you see yourself moving in the foreseeable future, renovating can also boost the value of the property as well. Here are a few renovations that every home buyer wants to see.
Smart Technology
These days, everyone’s houses have become somewhat digital as there are a lot of smart technology to include in them. In fact, almost every appliance and technology you can think of have a smart variation. Below is a brief list of smart appliances and technology you can choose to incorporate into your home:
- Locks
- Thermostats
- Refrigerators
- Doorbells
- Washer & dryer
All of this technology adds a lot of convenience and utility to your home. What’s more, is that they can also catch the eye of potential home buyers should you choose to sell. The reason for this is that smart appliances can cost a lot of money at times.
A smart fridge can cost up to $7,500. Smart washers and dryers can cost up to $1,500 on average. These can be a little difficult to afford yourself, especially if you plan on buying them at the same time. To get the funds you need, you can consider applying for a personal loan.
Personal loans are used to finance just about anything you need. But how much you get depends on the lender and the status of your credit. It’s in your best interest to ensure your credit score is solid to avoid having to pay high-interest rates.
Home Elevator
Home elevators are one the most expensive renovations you can get, but can pay off in the long run. Even the cheapest can cost an average amount of $10,000 to $20,000, however, while you might be able to afford the elevator itself, your home may not be eligible for one just yet. It’s not uncommon for those who want a home elevator to put in additional money towards adding more space.
But like the elevator, this too can cost a lot of money. Adding space can cost somewhere between $85 to as much as $220 per square foot. How much you have to pay depends on how much space is needed and the contractor’s rate. If you’re having difficulty paying for it and a loan isn’t enough to cover it, you can always look into taking out a home equity line of credit (HELOC).
Spruced-Up Lawn
The exterior of the house is the first thing a potential homebuyer sees. It’s what gives them their first impression of the entire property, and you want them to feel warm and welcome. Planting bright and colorful flowers, spreading out fresh mulch, and raking out dead leaves can significantly boost your curb appeal.
One popular choice for enhancing privacy and adding a touch of natural beauty to your home’s outdoor space is installing a high-quality cedar fence from G&B Quality Cedar Products, which offers a range of durable and aesthetically pleasing options.
Another way to spruce up your lawn is to clear out the gutters. Over time, your gutters can accumulate debris such as rocks, twigs, and leaves. This can cause a clog, which might lead to water damage.
