It is common knowledge that the largest investment that you will make during your life is in property. But that investment is not only one that provides a great monetary return – it also provides value as a place where friends and family gather.
Improving the value of a residential property is an ongoing project, and for many homeowners, this means sharpening up their DIY skills, especially when it comes to DIY renovations of the two rooms that are recognised as having the potential to add value to a home, namely the kitchen, and bathroom.
Value Adding Renovations
According to Zillow, a leading American tech real-estate marketplace company, an inexpensive kitchen or bathroom remodel will deliver 70-80 percent ROI, and a major project will deliver about 65 percent ROI.
Experts state that when the time to sell comes, small DIY bathroom and kitchen projects can provide some great images for posting on real estate sites – and motivate action by a potential buyer.
Great DIY Kitchen Projects
It’s not necessary to break the bank when doing kitchen renovations. There are a number of DIY projects that can enhance the functionality of your kitchen – and add significantly to the value of your home.
There is, of course, the replacement of faucets and sink fittings, a proven way to add to the appeal of your home and its value. However, there are also DIY projects that provide more of a challenge – and have a greater impact on the value of your home. An example would be the fitting of a skylight. A skylight can increase the feeling of space in a smaller kitchen – and natural light makes any kitchen task much more pleasant. Replacing kitchen tiling, either backsplashes behind stoves or even the entire floor are both exceptional kitchen-focused projects that offer great returns on investment.
DIY Bathroom Projects to Add Value
One of the simplest bathroom DIY upgrades is also one that adds to the functionality and attractiveness of any bathroom. Upgrading to a larger bathroom mirror adds a feeling of space to any bathroom – and also makes the bathroom more user-friendly. Homeowners should also consider updating the mirror frame, which can increase the aesthetic appeal of the bathroom.
There is also the option of upgrading your bathroom vanity. Replacing the bathroom vanity need not be an exercise that causes an irate phone call from your bank manager, there are a number of pre-fab bathroom vanity sets available that offer excellent value for money. If space allows opt for a two-sink vanity for extra DIY impact on the aesthetics of your bathroom.
Making your home smart
In the realm of home renovations, the concept of smart homes and the integration of artificial intelligence have gained significant popularity. Homeowners are increasingly recognizing the benefits of incorporating smart devices and appliances into their living spaces. The convenience and efficiency that smart home technology offers has become a driving force behind this trend. However, one of the challenges faced in this process is the lack of a unified system that seamlessly connects and automates devices from different brands. To fully leverage the advantages of the Internet of Things (IoT) in smart homes, reliable internet connectivity is essential. Therefore, when planning a home renovation, it is advisable to partner with a trusted internet service provider and select internet-enabled appliances from reputable manufacturers. By gradually replacing existing appliances with their internet-enabled equivalents, homeowners can make the transition to a smart home in a manageable and cost-effective manner, enhancing their living experience and adding value to their property.
Be Prepared
As any DIY enthusiast will tell you the secret to successful home projects is research, motivation, and the right tools. Before you start that bathroom or kitchen mini-remodel make sure that you have done your research on the best ways to ensure that your DIY project is a success – and make sure that you have the right equipment and supplies to make the project a pleasure. For hints and tips that can make all the difference when remodelling visit Pattex.
Projects to Avoid
It might be tempting to leap feet first into the deep end of the DIY pool – but more complex projects do not always add significantly to the value of your property. Projects such as pools and major landscaping, or remodelling the master bedroom may appear to be attractive at first glance, but they can take up a tremendous amount of time to complete, and the return on investment is simply not as attractive as projects focusing on the bathroom and kitchen.
The Golden Rule
When it comes to DIY projects that add value to your home always keep in mind the Golden Rule. Never lose sight of the vision that you have for your home, but make sure that you have done the research on the latest trends in DIY before you take the plunge.
