Aside from renovating to improve the functionality of your home, you also want something that will improve value. After all, you’re investing in a big project, so you want it to pay off both in your life and home.
Total Touch Contracting in Edmonton provides full interior renovation and design services. They share two home renovations that will improve function and value in your life and home:
Basement renovations
A basement renovation in itself has great potential to be a really functional space, given the right makeover. From a value perspective, finished basements can easily recoup 70% of their cost, making them a worthwhile investment. Any additions such as a new bathroom or extra bathroom will continue to boost the value of your home.
From a functional viewpoint, think about what your home is missing that could be added into the basement. Renovating a basement will instantly give you more square footage, so from there, it’s a matter of what you need. Bigger laundry rooms, a home office or a personal gym are all popular choices. Do you love entertaining? Then build a custom bar and second living room, so you entertain year-round. Maybe your relatives love to visit for long periods, so instead of air mattresses, add a suite downstairs.
Just remember that a basement is a very versatile space that can serve many functional needs. Plus, down the road, if you ever sell, having a versatile space is extremely appealing to potential buyers. Even if you just renovate an unfinished basement, you’ve created the potential for a new space and added valuable square footage.
Bathroom renovations
The saying, ‘the more the merrier’ is a relevant term when it comes to bathrooms and renovations. Adding a new bathroom to your home can recoup as much as 60%, while a renovation can recoup 67%. Unlike basement renovations, adding function and value to a bathroom goes hand in hand. Improving space and storage are two key must-haves in a renovation, followed by adding luxury fixtures.
Removing a bathtub in exchange for a shower can make a small bathroom feel instantly much bigger. Add a glass shower enclosure, and your bathroom becomes a luxurious, open space. Likewise, invest in vanities and custom storage to keep things decluttered and keep a tidy feel. Luxury fixtures can include things such as raindrop showerheads or heated flooring. However, it can also mean incorporating eco-friendly updates which will save energy in the long run. Low-flow fixtures are not only beneficial to you but are very appealing additions to potential buyers.
Also, be sure to keep some diversity in each of the bathrooms. You don’t want all your bathrooms to have one toilet, one shower and a vanity and sink. Give each bathroom its own theme and purpose. Leave the master bathroom as your private spa oasis, with a soaker tub or walk-in shower and heated floors. Give your main floor bathroom some perks for your guests, like a raindrop showerhead or a heated towel rack. If you do need an additional bathroom, you can add a powder room, which will still be just as valuable. That way, each bathroom is functional in its own way, plus you get the value boost of having diversity in each. Take a look at these before and after bathroom renovations, for some creative inspiration for your own!
Basement Renovations and Bathroom Renovations in Edmonton
Total Touch Contracting pride themselves on their quality of work and attention to detail, to give their customers a dream home. They don’t just renovate your home; they transform it into a space to love for years. Total Touch Contracting offers both landscaping services as well as renovation and interior design. So you can be sure that whatever your needs, they can help!
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