Undergoing home renovations in Calgary isn’t just about enhancing your home’s curb appeal and comfort. It’s about adding value to your home so that you get it back down the line. You want to smartly invest in something that will pay off in the long run.
To help you make the right choice, we have three ways that you can add value to your home.
Three Home Renovations To Add Value To Your Home
The Kitchen is Still The Biggest Earner
Think about it: your kitchen is the lifeblood of your home. The room where you make food and memories, all in one. So it goes without saying that investing in kitchen renovations in Calgary is going to be a game-changing experience.
How do you transform your kitchen into something that translates into more value for your home? You don’t have to do too much, but you can implement the following:
- Invest in a countertop that brings out the best in your kitchen (Expect to spend $40 to $100 per square foot, installed)
- New floors (a mixture of tiles and hardwood floors can work wonders)
- Applying a fresh coat of paint to the walls or cabinets
For figures that prove it’s a valuable investment, National Bank states that “many experts estimate that the amount invested in a kitchen should never exceed 15% of the total property value. Once the kitchen is renovated, the recoverable amount at resale is about 75%”.
The Basement Is An Smart Choice
Too often people neglect their basements, but there’s prime value in redoing yours. Transforming it into an open floor plan with flexible living space can prove to be a big win when you consider the factors involved in the process.
Home Advisor states that “accounting for variables such as square footage, materials, electrical and plumbing, the average basement remodel ranges from $11,119 and $29,529”. If you think that might be pricey, consider that you can rent out the suite as an Airbnb or a separate living apartment once it’s completed, resulting in more income.
Remodeling Magazine states at basement refinish will fetch you 70% ROI. That’s a huge jump that pays off handsomely.
So basically, basement developments in Calgary are a big yes in turns of investment.
Be Energy Efficient
It’s 2020, which means having an energy efficient home is pivotal. Not only will you save thousands of dollars a year on reducing your energy bills (while being environmentally conscious), you’ll boost your home’s value.
New investors or buyers want to know they’re getting bang for their buck when it comes to a new property. Your home could be just that if you make it as energy efficient as possible.
Such is its importance, that “energy-efficient” was second only to “safe community” on the list of attributes that would most influence a purchase decision, according to a 2015 survey by the National Association of Home Builders”.
So how do you make your home the best it could be with energy? You go for the following:
- LED lights
- Solar panel installations
- Energy Star certified windows and doors
- Energy Star Appliances
- Top-quality furnace and HVAC systems
Solid Solutions Renovations commits to providing homeowners and developers in Calgary with all their renovations needs. From kitchen renovations to basement developments in Calgary, we’re your one-stop-shop for everything. Our team will work side-by-side with you to ensure that your vision comes to life. We’re open with our processes and communication, and will happily answer any questions or concerns you have. We proudly serve Calgary and surrounding areas, including Airdrie, Chestermere, Cochrane, Okotoks, and more. For home renovations in Calgary, contact Solid Solutions Renovations at 403-477-0987 today.