12 Luxury Home Renovations to Increase Home Value
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Are you looking into which luxury home renovations will increase the value of your home? Do you want to do some upgrades before selling or just want to make your home life more luxurious and upscale?
Whatever the question, Kavaleer Renovations has the answer. Today, we’ll look into the most popular small and large-scale renovations you can carry out that will not only increase the value of your home but also make it that much nicer to live in.
Depending on your budget, time commitments, and personal preferences, there are so many different luxury home renovations you can do. Starting with something as simple as lighting and finishing off with something as complex as adding a pool or exterior oasis – the sky’s the limit.
Smaller-Scale Luxury Home Renovations
If you’re short on time or don’t want to commit to any bigger undertakings, there are plenty of smaller projects you can do around your home that make a difference.
#1 Adding New Light Fixtures to a Deck
If you have a beautiful deck that’s already pretty upscale but aren’t sure what’s missing to make it feel luxurious, the answer is often as simple as adding new light fixtures. Landscape lighting can not only make your exterior space look more cozy and luxurious but also add an extra level of safety.
#2 Adding a Kitchen Backsplash
Another relatively simple, low-effort project that can help transform your space is adding a backsplash in your kitchen. As the kitchen is full of big-ticket items, a backsplash is one thing that doesn’t need to be. You can install it in just one weekend and it will completely transform your space.
#3 Upgrading Kitchen Lighting
As we already mentioned, something as simple as lighting can have an incredible impact on your space, including your kitchen. The light fixtures in your kitchen are incredibly important as they set the tone for everything being done there. One way to upscale your home is by adding a custom lighting solution that will suit your needs and enhance its value.
#4 Doing Minor Kitchen Remodels
While you’re upgrading the kitchen, there are other things you can do in there to boost its appeal. For example, you could repaint the walls, reface your cabinets, or update the cabinet hardware. None of these improvements will break the bank or require you to have contractors in your home for months, but they will still transform the space.
#5 Replacing Garage Doors
Replacing your garage doors falls somewhere between the smaller and larger scale luxury home renovations. That said, even though the upfront costs might be higher compared to the other small-scale renovations, this one project can do wonders for your curb appeal.
Larger-Scale Luxury Home Renovations
Now that we’ve covered the smaller, more minor projects, let’s take a look at which bigger luxury home renovations will add the most to your home.
#6 Replacing Your Roof
Your roof covers are potentially one of the biggest assets in your home, which is why it’s crucial to maintain them regularly. That said, it’s completely natural for your roof to deteriorate a bit over time and to need repairs or even a replacement. Whether it’s replacing a few shingles or redoing the entire roof, make sure to have your renovations handled by professionals as this work can make or break your entire home.
#7 Bathroom Renovations
Buyers who are looking for luxury homes expect to find bathrooms that replicate a spa experience. Bathroom renovations will add incredible value to your home and make it more appealing to potential buyers.
When it comes to a bathroom remodel, there are many upgrades to consider, including rain shower heads and double-sink vanities. You can also add extra storage, soaking tubs, or anything else that will contribute to the modern, spa-like experience.
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#8 Kitchen Remodelling
Following the bathroom, a kitchen renovation is the room that will add the most value to your home. Again, there are countless things to consider, starting with modern and upgraded appliances. You should consider adding a new refrigerator, multiple sinks, or even a flexible pantry space.
#9 Installing Hardwood Floors
Styles come and go as do decor trends, but one item that always seems to be high on the design list is hardwood floors. Synonymous with quality and durability, these floors work in almost any room and with virtually any style.
As hardwood is among the more expensive flooring materials, the upfront costs are somewhat high. However, when it comes to upgrades that increase home value, hardwood floors are an excellent investment. In fact, installing these floors can recover up to 118% of the project cost.
#10 Creating a Home Office
If you have a spare room and aren’t sure what would add the most value to your home, consider adding a home office. Having a devoted space to work from home can be an incredible benefit to your home. Next to a bedroom remodel, building a home office has the largest recovery range.
#11 Creating a Universal Design
One of the biggest luxury home upgrades to do is to create a universal design and modify it for aging-in-place. As intergenerational living is on the rise, many homeowners are deciding to undertake custom renovations to ensure their homes are accessible to tenants of all ages.
While creating this universal design has undoubtedly high upfront costs, it’s a renovation that can add incredible value to your home, whether you decide to sell or stay.
#12 Adding Smart Home Technology
One thing that most, if not all, luxury homes have in common is how they incorporate smart technology. Across the board, luxury homeowners are incorporating smart devices to help them manage their households.
Depending on your system, there are countless different features to use. With your smart home system, you can control lights and entertainment systems, lock doors, save energy, and protect your home.
Final Thoughts
When it comes to luxury home decor ideas, there are almost endless options for exterior and interior design. From small improvements like light fixtures to major undertakings like luxury kitchen upgrades, the sky is truly the limit.
If you’re looking for an experienced contractor who can make your luxury home improvements a reality – call Kavaleer Renovations. With years of hands-on experience in design, construction, and renovation, there’s no project too big or too small for us.
Get in touch with us today to learn about our luxury custom home improvements!