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5 Renovations that Increase the Value of Your Home

No matter where you choose to settle down, buying or building your own home is a significant investment. Between the time and effort that it takes to maintain a home to the financial outlay entailed, it’s only natural to want a return on this investment in the form of greater market value over time.

WIth this in mind, it’s important to remember that increasing the value of your  home is a marathon, not a sprint. There’s often no need to do a full-home renovation straight off the bat: Over time, small home renovations can really add up to increase the value of your home significantly. To explain the best home renovations to increase value, we’ve paired up with the experts at Fantastic Handyman. From how to landscape a house to the best bathroom renovation ideas, discover their renovation tips below.

1. Enhance the curb appeal of your home

You only get one chance at a first impression, so make sure it’s a good one! Whether you’re looking to sell or rent your property, the garden and facade will be the first thing people see, so ensure that it looks neat and tidy.

Keeping your garden, driveway, and the front of your house clean and well-maintained will stoke the curiosity of your potential buyer or tenant, and will make them want to see what’s inside.

2. Do some landscaping

Learning how to landscape your garden yourself is a great way to enhance your home’s value without having to pay potentially pricey professional landscaping fees. Following the basic landscaping tips below can all improve the overall look of your garden and have an impact on your return on investment over time.

Ask your neighbours or friends for cuttings

Instead of buying new plants or seeds from a nursery, consider asking your friends and neighbours for cuttings of their existing plants. This way, you can also ask them for advice on where to plant the cutting and how best to care for it.

Work with native foliage

Perennials and native plants including Gum Trees, Banksias, Bottlebrushes, and Spider Flowers are accustomed to the Australian climate and are therefore sure to flourish. They’ll also attract native wildlife like birds and other small animals, providing them with a safe place to live and rest.

Create a garden edging

Edging can help draw more attention to your flower beds and shrubs, in addition to making them look tidier and better-kept. The good news? You can build an edging out of virtually anything, from rocks and wooden blocks to used china plates and tires.

Paint the outside of your house

A fresh coat of paint will spruce up your house in no time, particularly if your chosen colour works well with your landscaping. While you’re at it, don’t forget to paint the garage door if it needs it, and freshen up your letterbox if necessary.

3. Add a wooden deck

Adding a deck to your home is a fantastic way to create an indoor outdoor living space and enhance your property’s curb appeal. It’s also one of the most common renovations people make, and is something that many potential buyers and tenants look for. When building a deck, be sure to:

  • Consult your local council to secure the relevant permits and development permissions, and to make sure you’re in compliance with any appropriate regulations. You may also wish to consult with a licensed builder at this stage.
  • Choose a durable timber such as hardwood or treated pine that will be able to endure the outdoor elements. Alternatively, many wood fibre and recycled plastic composites make a viable option.
  • Choose a solid foundation such as traditional concrete pad footings. Always do your research to find the foundation that will work best for your particular site and deck.
  • Add a railing if your deck is over a metre above ground to ensure compliance with the relevant Australian standards.

4. Renovate the kitchen and bathroom

The kitchen and bathroom are two of the most important ones in a house, and tend to be where most people spend the majority of their renovation budget. Minor kitchen improvements can offer a return on investment of at least 81%, while making your bathroom universally accessible can help future-proof it for Australia’s ageing population. 

In the kitchen, you may wish to:

  • Refresh the kitchen cabinets and benches, either by replacing or repainting them
  • Update the sink and faucet
  • Modernise the flooring to tile or vinyl if needed
  • Upgrade to more energy-efficient appliances and make sure that they match one another and the rest of the kitchen
  • Install a splashback to protect the walls
  • Ensure there is enough cooking space
  • Install a butler’s pantry 

In the bathroom, renovation ideas include:

  • Lowering the light switches
  • Widening the doors for potential wheelchair access in future
  • Adding support bars next to the toilet
  • Ensuring there is proper ventilation
  • Cleaning and refreshing tiles if necessary

5. Make energy efficient home improvements

As the property market and world at large become increasingly environmentally-conscious, many people are seeking an energy-efficient home. There are several ways to improve energy efficiency at home, including central heating, rewiring, energy-efficient windows, and improving lighting and insulation.

Central heating

Installing a smart thermostat allows you to control the temperature of your home at any time and to make adjustments to your overall consumption as necessary.

Rewiring

If you live in a new home built after 1970, it’s a safe bet that your wiring will still function properly. However, it’s a good idea to engage a professional electrician to check your wiring at least every 15 years and make improvements as necessary.

Energy-efficient windows

Investing in larger, energy-efficient windows that adequately insulate against outdoor temperatures while letting in plenty of light can make a huge difference. While you’re at it, upgrade any old sidings and trims to ensure they match your new windows.

Improved lighting

Similar to big and open windows, proper lighting can do wonders for the overall look of your property. Ambient lighting in your living room and hallways, alongside accent lights in the kitchen, can open up the space and improve its quality immensely. Make sure to invest in energy-efficient lightings such as LED globes, compact fluorescent lamps, and halogen incandescents.

Improved insulation

Good insulation can save you plenty of money on heating and cooling a property. In addition to making sure your insulation is up to scratch, carefully check your house for any leaks and have them repaired immediately. Common areas for leaks include  around windows, doors, light switches, electrical sockets and fixtures, and in recessed lighting.

Adding value to your home is a long term project

Renovating your home isn’t just a way to increase your comfort in the short to medium term: It’s also a valuable means to improve the value of your home over time. Keeping your home in tip-top condition and sprucing it up over the years can help it fetch a higher price if you decide to put it on the market or open it up to rental tenants. 

Ready to start adding value to your home? Put our renovation tips to use today, or visit Fantastic Handyman for more renovation advice.