Summer Home Renovations: The Top 5 Projects That Will Boost Your Home's Resale Value

Summer is the perfect time to tackle home renovations that will boost your property value. If you’re planning to sell your home in the near future, it’s important to choose projects that will appeal to buyers and add the most value to your home.

If you’re planning to sell your home, it’s important to choose renovations that will appeal to buyers and add the most value to your property. The following are five summer home renovations that are sure to boost your home’s resale value.

Home Renovation #1: Kitchen Remodel

A kitchen remodel can be one of the most significant investments you make in your home. This is an area that buyers tend to focus on as the kitchen is often considered the “heart of the home.” Updates like new cabinets, counters, backsplashes, fixtures, and appliances can give buyers the impression that your home is modern and updated.

When approaching a kitchen remodel, you want to focus on functionality as well as aesthetics. For example, if your kitchen lacks cabinets, adding more is a must. The same goes for counter space and storage. You also want to ensure that all appliances are up-to-date and in good working order.

You also want to consider updating the kitchen, lighting fixtures, backsplash, and flooring. Think of options that are modern yet timeless; tile, granite, and quartz are all great options. Installing energy-efficient appliances is also a great way to not only add value but exercise some eco-friendly habits.

When you’re planning a kitchen remodel, consider hiring a professional design team to help you come up with a plan that will look fantastic and increase your home’s value.

Home Renovation #2: Basement Renovation

A basement renovation is another one of the best home renovations for resale value. While the kitchen may be the “heart of the home,” the basement is often considered the playground.

Most buyers are looking for a spacious area that can be used for recreation, storage, or even an extra bedroom. Additionally, an unfinished basement with solid foundation and great potential can add a lot of value to your home.

To get started on your basement renovation, first identify any structural issues you may have in the space. Make any structural repairs or upgrades that may be necessary; this could include insulating the walls or strengthening the floor. Add new walls and drywall to give the basement a more finished look.

Finally, install insulation, energy-efficient windows and doors, flooring, and lighting. Investing in quality furniture or fixtures can also make your basement space more inviting and attractive. Finish off the space with a media area, game room, home office, or even a mini-kitchen to really turn your basement into a desirable space.

Home Renovation #3: Landscaping and Outdoor Living Spaces

Outdoor spaces are becoming increasingly popular, and they can add significant value to any home when it comes time to put it on the market. Landscaping and outdoor living spaces can not only make the home more attractive to potential buyers, but also increase the value of the property.

First, consider revamping any existing hardscaping, such as driveways, walkways, patios, and terraces. If possible, extend or replace the hardscaping to make the space more functional. For example, a paved patio with seating is much more inviting than a plain concrete slab. You can also add some landscaping elements, such as trees, shrubs, and flowers.

Second, consider adding outdoor living spaces to your yard. A patio with a fire pit, outdoor dining area, and seating area can be extremely attractive to potential buyers. Add lighting to these areas for a warm and inviting atmosphere.

Third, use outdoor space to create a functional spot for entertaining. Add seating, a barbecue pit, or a pizza oven to the area to make it even more attractive.

Finally, remember to keep outdoor spaces low maintenance. Don’t plant too many trees or shrubs that could become an bothersome task for potential buyers down the line. There are plenty of low-maintenance plants and landscaping options that won’t require a lot of upkeep.

Home Renovation #4: Bathroom Updates

Bathrooms are often considered one of the most important rooms in a home. Updating your bathrooms can significantly increase your home's resale value. Potential buyers are attracted to bathrooms that offer both functionality and style. Consider the following updates to give your bathrooms a fresh and modern look:

Start by evaluating the condition of your fixtures, such as the sink, toilet, and bathtub/shower. If they are outdated or showing signs of wear, it may be time to replace them with newer, more modern options. Choose fixtures that are not only visually appealing but also water-efficient, as this can be a major selling point for eco-conscious buyers.

Consider updating the flooring and wall tiles to create a cohesive and stylish design. Neutral tones and natural materials such as stone or porcelain are popular choices that can appeal to a wide range of buyers. Don't forget to update the lighting fixtures as well, as good lighting can greatly enhance the overall ambiance of the bathroom.

Adding storage solutions is another valuable update. Consider installing a vanity with ample cabinet space or adding shelves or niches in the shower area. Buyers appreciate bathrooms that provide storage options to keep the space organized and clutter-free.

Home Renovation #5: Improve Energy Efficiency

In today's environmentally conscious world, energy efficiency is a major selling point for homebuyers. Making your home more energy-efficient not only attracts potential buyers but also helps reduce utility costs. Here are some energy-efficient upgrades you can consider:

Start by assessing your home's insulation. Proper insulation can help keep your home cooler in the summer and warmer in the winter, reducing the need for excessive heating or cooling. Consider adding insulation in the attic, walls, and basement if necessary.

Upgrade your windows and doors to energy-efficient models. Look for windows with double or triple glazing and low-emissivity (low-E) coatings to reduce heat transfer. Energy-efficient doors with good insulation can also help improve the overall energy efficiency of your home.

Consider installing a programmable thermostat or a smart thermostat. These devices allow you to set specific temperature schedules, optimize energy usage, and adjust settings remotely. Buyers appreciate the convenience and energy savings these devices offer.

Replace old appliances with energy-efficient models. Look for appliances with the ENERGY STAR® label, which indicates that they meet strict energy efficiency standards. Upgrading to energy-efficient appliances can not only attract buyers but also save you money on utility bills while you're still living in the home.

Additionally, consider incorporating renewable energy sources into your home, such as solar panels. While this may be a larger investment, it can significantly reduce energy costs over time and make your home more appealing to buyers who value sustainability.

Remember, each home is unique, and it's important to assess your specific needs and budget before embarking on any renovation projects. Consulting with a professional contractor or a real estate agent can provide you with valuable insights and guidance throughout the process.

With these updates, you'll be well on your way to maximizing your home's resale value. Stay tuned for the next section where we'll explore more summer home renovations that can boost your home's appeal and attract potential buyers.