5 Value-Adding Winter Renovations to Consider
As the outside temperature begins to drop and we spend more time indoors, you might find yourself considering making a few changes around the house to cozy up your space. But what if those improvements also added significant value to your property? Get ready to strap on your tool belt or call in the professionals, because here are five value-adding winter renovations you should consider for your home.
1. Update your kitchen
An efficient, well-designed kitchen is at the top of virtually every home buyer’s wish list. According to the National Association of Realtors, major kitchen remodels can recoup as much as 62% of their cost when it’s time to sell. Don’t think you need to do a complete overhaul, though. Simple changes, such as upgrading appliances, repainting cabinets and walls, or replacing countertops, can make a world of difference without breaking your bank.
2. Transform your bathrooms
Next to kitchens, bathrooms are the rooms that buyers scrutinize most. With a few changes, you can turn your bathroom into a relaxing oasis and add significant value to your home. Consider replacing outdated fixtures, adding more lighting, updating your vanity, or even putting in a new tile floor. Here are some top remodeling trends for bathrooms in 2023.
3. Add and/or improve insulation
Improving your home’s energy efficiency can add value in several ways. For one, you’ll save money on energy bills in the short-term. Plus, homes that rate higher in energy efficiency often sell for more than their less-efficient counterparts. Adding insulation to your attic is a relatively quick and non-invasive project that can make a noticeable impact on your home’s energy consumption. Here’s a guide from the Department of Energy on increasing your home’s insulation.
4. Install energy-efficient windows
While we’re on the topic of energy efficiency, consider replacing your old windows with high-efficiency models. Energy-efficient windows significantly reduce both heat loss in winter and heat gain in summer. They may be a larger investment, but the cost-saving benefits and appeal to prospective buyers make them worth considering.
5. Update your home’s exterior
First impressions matter, and your home’s exterior is your chance to make a good one. Simple updates like a new front door or an upgraded garage door can significantly boost curb appeal. If your budget allows, consider adding a deck or patio. These addition will not only add value but also extend your living space.
Remember, every home is different. It’s always a good idea to speak with a real estate professional or a contractor — like the experienced team here at Eagle Eye Builder Group — to figure out which improvements might offer the best return on investment for your particular home. These winter renovation projects can create a more enjoyable, efficient living space and could potentially add significant value to your home. So stay warm, keep busy, and invest in your future this winter season, one project at a time.