The global market for home improvement is worth more than $800 billion, and for good reason. A well-done home renovation increases the value of your property and makes it more enjoyable to live in. Now, it’s easier than ever to find inspiration for your next home renovation project.
If you’re looking for ideas that will leave a lasting impact, here are seven luxury upgrades other Cortlandt Manor homes for sale have used to boost their ROI.
1. Add a home office
It is projected that by the end of 2022, 25% of all professional jobs in North America will be remote. Home offices are not just a luxury but are now a necessity for many future home buyers and have already proven valuable selling points among other Cortlandt Manor homes for sale. In fact, listing trends have shown a noticeable increase in the word "office" used in home descriptions by as much as 16.8%.
Consider extending the space if your home doesn’t have an extra room that can be converted into a home office. Buyers are often willing to pay a premium for a home with a dedicated workspace, and converting an existing area or creating a new space is a worthwhile investment.
2. Renovate the kitchen
There are several different ways you can go about renovating your kitchen. You can do a complete gut job or make more minor updates that will still have a significant impact. Some houses for sale in Cortlandt Manor, NY, have had great success by simply updating the cabinets, countertops, and appliances to give them a more modern look, but keep in mind that a complete kitchen renovation can lead to a higher ROI.
3. Install smart home technology
One of the latest trends in home improvement is the integration of smart technology. Smart homes are becoming more and more popular, with homeowners looking for ways to make their lives easier.
Some of the most popular smart home features include:
- Smart thermostats
- Smart lighting
- Smart security systems
- Smart door locks
4. Create an outdoor oasis
If you have the space, consider even adding a pool. Pools are one of the most luxurious home features and can make your property much more desirable. However, pools are also a big responsibility. You’ll need to factor in the cost of maintaining the pool and the potential liability. If you’re not prepared to take on these responsibilities, a pool may not be the best option for you.
5. Bathroom additions and renovations
Second, pay attention to details. Adding high-end fixtures, finishes, and accessories will give your bathroom a luxurious feel. Third, don’t forget about storage. People want their bathrooms to be as clutter-free as possible. You can add storage options by installing built-in shelves or cabinets. You may even want to add a linen closet if you have the space.
Adding an extra bathroom to houses for sale in Cortlandt Manor, NY, is another terrific means of increasing the value. Consider adding a master bathroom or a powder room if you have the space. These are both features that buyers are looking for.
6. Install stone or hardwood flooring
Stone floors have a luxurious feel and can make your home more elegant, whereas hardwood floors are classic and will never go out of style. Either way, you can’t go wrong with new flooring for your Cortlandt Manor real estate.
7. Make energy-efficient upgrades
Buyers are always interested in houses for sale in Cortlandt Manor, NY, that have been well-maintained and updated with luxury features. To make your house more desirable, consider making some of these upgrades. With a little bit of work, you can significantly increase the value of your home.