Turn Your Home Into Real Estate Goldmine Today
Renovations and Value Addition
Investing in home improvements can significantly boost your property's market value. Simple upgrades like modernizing kitchens and bathrooms, enhancing curb appeal, or adding energy-efficient features can yield substantial returns. According to Remodeling Magazine's 2023 Cost vs. Value Report, a minor kitchen remodel can recoup 72.2% of its cost in increased home value2.
Additionally, adding square footage through extensions or finishing an attic can increase your home's value exponentially. Homeowners should carefully evaluate the cost of renovations against the potential increase in property value to ensure a worthwhile investment.