Upgrades Worth the Splurge
A little molding here, an extra coat of paint there…when you own your own home, it’s hard not to think about renovations and upgrades you’d like to do. We all want our homes to be beautiful. That said, most of us don’t have unlimited budgets, so we need to think carefully about where we spend money on home renovations.
Whether renovation upgrades are worth the splurge first depends on whether you are planning to sell your home in the near future. Your long term plans can help you decide where best to spend your renovation budget. Making your home more energy efficient is also almost always a smart upgrade.
If you’re considering renovating your home on the Sunshine Coast, here’s what we think you should consider when it comes to your budget.
Best Home Renovations If You Plan To Sell
When you are planning to put your home on the market in the near future, your best plan for renovations is to put your money on the areas of the home where buyers tend to focus.
Typically, this means kitchen and/or bathroom renovations. Putting your money into modernizing these spaces generally makes a sound investment that can either increase the value of your home, or make it easier to sell.
Not sure what upgrades your home might need, if any? Get in touch with a local contractor (like us!) who can help answer any and all questions, and provide helpful insight and guidance before putting your home on the market.
Best Home Renovations For Your ‘Forever’ Home
Maybe you’ve got no immediate plans to sell your home, in which case, your sky's the limit. By that we mean that when you don’t have to think about resale value, you’re freed up to think about projects that will help you enjoy your home even more. You’re the boss!
Maybe that means trying to make your home more ‘one with nature.’ Or maybe you’re interested in bringing in elements from some of the biggest home building trends, like cottagecore or Japandi.
Thanks to the pandemic, many of us are now looking at how we can make our homes both more functional and more welcoming. This often means revamping the work-from-home area, or maybe remodeling the backyard to make it more eco-friendly and inviting.
Like we said, the sky’s the limit. If you can dream it, you can likely build (or renovate) it!
Renovation Upgrades That Are Worth The Splurge - Always
Finally, renovation upgrades that are almost always worth the splurge are those that make your home more energy efficient. That’s because making your home more energy efficient can ultimately save you lots of money down the line. It also has the potential to make your home more attractive to buyers.
Making your home more energy efficient can be as simple as using window film and door sweeps, or as involved as making your home completely net-zero. New windows, upgrading your insulation, and choosing more eco-friendly heating options all make great options, too.
Moreover, depending on where you live and what renovations you do, you may also qualify for home energy grants. See our complete guide to BC new home and renovation grants here.