When considering home improvements, one should consider a few factors. Increasing your home value is usually a key consideration that may also help your home sell quickly and for a premium price. However, you should also consider how a renovation can improve your quality of life and health. We have put together a short list of home improvements that should increase the value of your home and improve your quality of life in the home, comfort and joy. These are the intangibles that some overlook when improving their home.
Bathrooms and Kitchens top our list
You may find various opinions on how much an updated bathroom can increase the value of your home. You will not find much debate on whether it does. Some estimates claim for every $1 invested in upgrading your bathroom you can expect $1.71 in return. For example, upgrading your toilet, faucets, and light fixtures alone can make a huge difference. Upgrading your sink to countertop with double sinks or upgrading to a frameless shower are some other items to consider. If you couple these changes with a water filtration system that provides clean filtered water as you bathe, wash your hair or brush your teeth. These improvements can bring life-changing value beyond a nicer bathroom.
Kitchens are one of the key selling features in your home and, for most homes it is the center of family activity. This makes a kitchen a central focal point in any house. Simply resurfacing cabinets is a job you can hire someone to do or do yourself. Changing out the hardware, redoing the backsplash can be done in a few days. Conclude with a good cleaning and a no-hands faucet make your sink look like new; you will be surprised at how much of a difference these changes can make.
Some of these home improvements could also be considered a tax deduction. Consult with your tax professional to be sure. An updated kitchen could easily improve the value of your home. With some estimates as high as 50% return on investment. Just as suggested in upgrading your bathroom, a high-quality water filtration system specifically for the kitchen provides clean filtered water for cooking and drinking with joy and pleasure in what you consume while in the kitchen. Here is a brief list of some more benefits of a high-quality water filtration system to consider; Enjoy safe drinking water all the time, save money, environmentally sound, reduce potential plumbing issues, prevent skin irritation, reduces limescale and other mineral deposits.
Consider creating a great outdoor space :
Consider creating a seamless transition from your home to your outdoor living space. You can find indoor-appearing furniture that is made for outdoor patios and decks. On a beautiful day, it’s a great way to enjoy the fresh air and sun while having dinner, having tea or coffee with the family, or just by yourself. In addition, there are all sorts of pavers that can make your outdoor space beautiful and functional. Adding a deck or patio has consistently added value to a home. Likewise, creating a usable outdoor area will add value to your home and quality of life.
Improving these critical areas in your home will not only help you improve the value of your home, it will get you MORE out of the improvements in terms of health and quality of life. If this sounds like something you would like to implement in your home and do not know where to start. Reach out to our solutions centre. We are here to help you in any way we can. Call your MCU team.
Let’s go somewhere…together!