1. Gorgeous Floors
Average return on investment: 70 to 80 percent.
Updating your floors can feel like a major undertaking, but it all depends on what type of floor you have, how much you pay to update it, and how popular that current style is. Although fifty years ago it was all the rage to cover wood floors with shag carpet, in recent years, nobody would dream of doing that because it would destroy the floor’s value.
One of our favorite vendors, Hamilton Parker, offers the best materials for a job well done.
2. Energy Efficiency
Average return on investment: 70 percent plus monthly savings.
Over 60% of consumers claim they’d be more likely to purchase a property if it was energy efficient and could be certified as a green property. Updating energy efficiency doesn’t have to mean a full overhaul of your entire property, but it does mean you should make changes throughout that allow your system to work like a dream.
You can do this by opting for insert replacement windows that will get rid of any leaking air or gaps and by checking the levels of insulation your home has. Although these may feel like small changes: they’re major when it comes to how buyers will perceive your property.
3. Heating From Bottom to Top
Average return on investment: 56 percent.
Heating is one of the most important things once winter arrives: and all heat rises. Because of this, it’s vital that you take the time to start at the floor if you want to make sure your entire home feels warm and comfortable.
Radiant heat flooring is a great way to ensure the entire base level of your home is evenly heated and able to handle whatever is thrown at it. You can even install heated shower floors that will ensure you never have to deal with another chilly and uncomfortable morning.
4. Effortlessly Flowing Wood Stain
Average return on investment: 81 percent.
Natural materials are king right now: and wood couldn’t get any more popular than it is. Unfortunately, the more wood pieces you have, the more likely they’ll be in several different stains. To avoid this mismatching and clashing, you can stain your own furniture.
Look through furniture wood stain colors that speak to you, and pick something that’s a good baseline. From here, you’ll have to strip the current stain off of your furniture, sand it down, so you have a fresh surface, and then stain it again.
When you stain with your final color, go slow and thin; try not to add any large gloops of the stain because this can quickly create strange patterns in the stain that won’t be attractive to look at.
Mistakes to Avoid:
It’s important to keep what you do not want in the back of your mind as you work, so you can avoid making any errors that are too large. Some of the biggest mistakes people make include spending more than 20% of the home’s value on any one room. If you do this, there’s no guarantee you’ll make back your investment.
Another big problem more real estate professionals have seen recently is people removing bedrooms to make extended closets or combining them with master bedrooms to make a master suite. If your home has less than five bedrooms, there’s no reason to remove any of them: you’re hurting your property value.
Every Update Should Increase Your Property Value
Whether you’re updating an older property and you’re ready to make it look brand new, or you’re adding personal touches to a newer property you just bought: it’s important that these changes add value. Follow these tips, and you’ll make something amazing.
This is a joint blog between Crimson Design Group and Brian Jeffries at Innovative Building Materials.
Brian Jeffries is the content director for the Innovative Building Materials blog and a content writer for the building materials industry. He is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that save money, improve energy efficiency, and increase property value.
As interior designers, we want to connect your personal connection with the designs you love by implementing them into the story of your home. You don’t have to look far as we can help you with your high-end residential design needs. If you’re interested in remodeling or renovating any room in your home (or the whole thing!), get in touch with us. We would love to hear about your project and how we can make your space and life more beautiful.