Home renovations in Calgary are undoubtedly an exciting time in any homeowner’s life. You have the opportunity to see your home transform before your very eyes, becoming a space that is both more functional and beautiful.

However, it’s difficult to hide the fact that home renovation projects can cost a fair bit of money. So is there a way to make some money back in the process?

Let’s explore some of the best upgrades you can make to your home that will increase its value, both for you and for prospective buyers.

3 Upgrades That Increase Home Value

Bathroom Remodel

Bathrooms are one of the most utilized rooms in the home, but are often one of the last to be touched when it comes to home renovations– and it shows! Outdated bathrooms can add a dingy, out-of-style feel and often show the true age of the home. Both homeowners and buyers alike are less than inspired by such a room.

Fortunately, according to the Appraisal Institute of Canada, you can see a return on investment of up to 75% when you remodel your bathroom. By simply replacing your vanity and modernizing the fixtures, features, and colours, you can completely transform the space and your home’s value.

Additionally, consider adding a second bathroom to your home if you currently only have the one. Prospective buyers will find great value in this second bathroom, even if it’s simply a powder room, as it eliminates logistical issues when it comes to family living.

Basement Development

While basement developments aren’t an easy project to take on, they’re more than worth it. From a convenience perspective, you are adding liveable space to your home and utilizing an area that was likely just used for storage. From a financial standpoint, meanwhile, you can see a return on investment of roughly 50%.

As a note, the square footage of a basement is generally valued at half of what the main floor’s square footage is. Therefore, unless you intend to live in your home for a while, it’s recommended you don’t invest more than 10% of your home’s value into a basement development.

Kitchen Renovation

The kitchen is the heart of the home, and also one of the focus pieces when it comes to home buying. Therefore, having a modern and up-to-date kitchen can go a long way in catching the eye of potential buyers and increasing the value of your home.

The size and scale of your kitchen renovation will influence the return on your investment. It may surprise you, but more simple renovations, such as updating features, fixtures, and appliances, can actually offer a higher return on investment of up to 80%. More complex renovations that involve changing the floor plan and moving electrical and plumbing will naturally cost more but don’t tend to offer the same rate of return, falling closer to 50-60%.

That said, your kitchen is one of the defining spaces in your home, so whether you intend to renovate for yourself or others, the investment is more than worth it.

At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all of your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.

When it comes to home improvement, some homeowners prefer to look to the future, hoping to get the most out of their renovations.

Those who take the time to consider how their improvements will impact the value of their home may just find themselves saving money in the long run.

Let’s look at a few examples of projects that will benefit you down the road.

Home Improvements That Will Add Value To Your Home

Landscaping

Naturally, the first impression you have of any house is from the outside. Adding to your curb appeal will make neighbours and future buyers do a double-take.

Elements like new turf or trees can create a more lush and green space, which can be an especially attractive feature in a city.

Outdoor structures can also add to the value of your home. Fences add a significant amount of privacy to your home while also allowing young kids and dogs to run around unsupervised. Decks, as well, are a solid investment. These can be a pricer build, but it creates a more livable space outside.

Basement

This renovation is not a small or inexpensive undertaking, but it adds incredible value to your home. Turning your unfinished basement into a fully-functional space allows future buyers to appreciate the extra square footage.

Windows

Replacing your windows may not be the most exciting home improvement project visually, but you will reap the benefits of it immediately.

Older windows may no longer be properly insulated, resulting in drafts blowing through your home. By putting in new windows, you’ll instantly notice a change in your heating and cooling bills. Additionally, when it comes time to sell, buyers won’t bargain for money off the asking price with the intent of buying new windows.

Kitchen

Kitchen renovations are another big undertaking, but to many, the kitchen is the heart of the home. Homebuyers will often look at the quality and condition of the kitchen when setting their expectations for the rest of the house.

That said, you also want to consider your own needs and wants when renovating your kitchen. If you’re going to put the time and money in, why not make it work better for you? If you find you’re too short on counter space or there’s not enough room for storage, then change it! Finding value in how you interact with your home is important too.

There are several ways that home improvement can add value to your home. However, take the time to consider your finances and what would serve you best. Unless you’re moving in the near future, these improvements should bring value to your lives first.

To get the most out of your home, think about a basement development in Calgary. A basement remodel allows you to maximize your living space and optimize the value of your home. Before you get started, here is what you need to know for your budget.

The Size of the Basement Changes the Cost

In general, size is going to be the biggest factor to think about in terms of cost. If you are developing a bigger area, then you need to budget for a bigger project. You can consider breaking up your basement into separate rooms. In this way, you can develop the space in phases to spread out the cost. However, a larger project yields more usable living space.

The Quality of the Finishes Impacts Your Bottom Line

We have all been in basements that have been done on a slipshod budget. These makeshift remodels get the space developed without any frills. This can be a cheap way to get the job done, but it is not necessarily the best way. You should make sure to properly insulate the area. Take time to finish the walls and ceiling. These finishes cost more, but they make your basement far more attractive and usable over time.

The Fixtures In Place Will Affect Your Price

You can also change your cost by thinking about the fixtures you need to add. For example, if you want to add a bathroom or kitchen, then you have to account for plumbing. You may have to add electrical fixtures as well. Some basements already have these utilities lined up, which can minimize expenses. If you have to start from scratch, you can expect to pay more for basement development in Calgary.

Contact an Calgary Home Renovations Expert

If this process is too much for you, remember that you can reach out and speak to an expert Calgary home renovation contractor. They can help guide you through this process, and ensure that you get the basement development you want.

Love getting creative and working with your hands? Your basement is just waiting to become the perfect spot for crafting. Let the creative juices flow and turn your basement into a hobby hole!

Set the Mood with a Renovation Company in Calgary

An unfinished basement is a blank canvas waiting to be transformed into beautiful, usable space. You can start off the project and then get a Calgary renovation company to finish the space to make it comfortable for getting creative. Choose colours that inspire you, and divide the space to fit your needs.

Boost the Light during Basement Development

Basement developments are the perfect chance to make the space just the way you want it, and for a hobby hole this means plenty of light. Using a variety of carefully positioned fixtures can provide even illumination so that you don’t have to strain your eyes when creating works of art.

Think About Clean Up during Basement Renovations

Craft projects often tend to get a little messy, so do yourself a favour and make clean up a breeze during basement developments. Choose flooring that is easy to keep clean. Install a sink so you don’t have to carry messy materials around. Adding a counter around the sink gives you a place to set things as you clean up or to let them dry. You can also set up a newspaper or magazine rack to have on hand for particularly messy projects.

Choose a Sturdy Table to Finish Basement Development

A good work table is key for any hobby hole. Once your basement developments are complete, finish the space off by setting up a work table. Choose one that’s sturdy, large, and durable.

Transform your basement into an ideal place for all kinds of crafts with the help of a Calgary renovation company. Use these tips to get started.

Developing your basement is a great way to increase your living space, and often increases the value of your home too. But not all basement renovation ideas are equally good. If you’re preparing for renovations, avoid these seven common Calgary basement development mistakes.

1. Lack of Lighting without a Calgary Renovation Contractor

Basements tend to be dark places that need additional lighting. Talk to your Calgary renovation contractor about installing larger windows or window wells, and include plenty of artificial light from various sources.

2. Awkward Floor Plan for Calgary Home Renovations

Various obstacles like floor drains and utilities can create oddly-shaped rooms. Avoid making things smaller to create more traditional shapes because chopping things up quickly makes the space feel claustrophobic.

3. A Noisy Hub after Basement Development

Mechanical systems are often stored in the basement, so choose materials that absorb sound to avoid creating a noisy environment during Calgary home renovations.

4. Too Specific Calgary Basement Development

Keep resale value in mind during Calgary home renovations and try to avoid making your basement something too specific. If there’s something specific you really want, talk to your Calgary renovation contractor about ideas for keeping the area flexible.

5. No Design Continuity with the Rest of the Home

Your basement should reflect a sense of continuity with the style of the rest of the home. This doesn’t mean you can’t get a little adventurous, but don’t make it feel like a completely different home.

6. Unappealing Descent to the Basement Renovation

Include the stairwell in your basement development plans and try to make it more appealing.

7. Ignoring Water During Home Renovations

Basements are more prone to water damage. It’s important to address any issues before beginning renovations and then choose materials that can handle extra dampness.

Make the most of your Calgary basement development by avoiding these common mistakes.

At Mastered Home Renovations, attention to detail is our specialty. Your home renovation is sure to meet all your functional and stylistic needs. It is our mission to turn your dream home into a reality. Contact us for a quote to get started.

Phone: (403)-700-7444