Which Renovations Add the Most Value to Your Home?
Whether you’re preparing to sell your home or simply want to improve your living space, choosing the right renovations can make all the difference. Some upgrades not only enhance comfort and style but also offer a strong return on investment, boosting your home’s resale value. Here are tips for renovation projects that consistently add value to your home according to the experts at First Ohio Home Finance, your trusted home lender in Central Ohio and beyond.
Kitchen Remodel
The kitchen is often considered the heart of the home, and many buyers agree. A modern, functional kitchen can significantly boost your home’s appeal and resale value. You don’t necessarily need a full-scale renovation to make an impact; updating cabinets, countertops, lighting, and appliances can yield an impressive return. Energy-efficient appliances and durable surfaces like quartz or granite are especially attractive to buyers.
Bathroom Remodel
Bathrooms are another area where improvements pay off. Fresh tile, modern fixtures, and improved lighting create a clean, updated look that resonates with homeowners and buyers alike. Even small upgrades like replacing faucets or installing a new vanity can transform the space. If your budget allows, consider adding a walk-in shower or double vanity for a luxurious touch.
Deck or Patio Addition
Outdoor living spaces have become increasingly popular, and adding a deck or patio can be one of the most cost-effective ways to expand your home’s usable space and boost curb appeal. Whether it’s a simple wood deck or a more elaborate patio with seating and lighting, outdoor spaces encourage relaxation and entertaining—features that today’s buyers love. Proper maintenance and quality materials will ensure the addition retains its value over time.
Investing in energy efficiency isn’t just good for the planet. It can also be good for your wallet, as well as your home’s resale value. Replacing windows, upgrading insulation, or installing a smart thermostat can lower utility costs and make your home more marketable. Buyers are increasingly drawn to eco-friendly homes that promise long-term savings and comfort.
Planning to Finance Your Renovations?
If you’re ready to make home improvements but want to spread out the cost, a home equity loan or cash-out refinance from First Ohio Home Finance can help. Our experienced team can guide you toward the best financing options to achieve your renovation goals while increasing your home’s value.
Contact us today to learn how you can turn your home improvement vision into a smart financial investment.