The Smartest Renovation Moves You Can Make for 2022
The housing market is a revolving door of change, and what’s considered valuable or popular now may not have been just a few years ago. Simple days of basic renovations are long gone as buyers demand upgrades based on solar energy, smart technology, and eco-friendly options.
If you’re investing in properties to flip in 2022, the high demand of this year’s market could net you a pretty penny. However, using your money to add the most valuable renovation options could provide a boost to the property that might surprise you. The following article outlines upgrade options with the most value heading into the new year.
1. Kitchen Remodeling
A kitchen remodel is one of the best ways to add value to a property. There are multiple options for upgrades and a lot of room to add in-demand options like smart home technology. Consider the following additions to add maximum value to your home:
· Smart Refrigerator
A smart refrigerator equipped with a camera that allows you to look inside the storage area can be a great addition to an outdated kitchen.
· Smart Stovetop
A smart stovetop or oven allows you to control your appliance from anywhere in the home via smartphone.
2. Bathroom Upgrades
Upgrading your bathroom can make the space in your home more enjoyable and visually pleasing and add value to your property. If you’re on a budget, you can invest as little as $3,000 and still make significant changes to your bathroom.
3. Smart Home Automation
Remote security cameras and voice-activated thermostat controls are just a few smart home options you can add to your property for maximum value. These in-demand technology additions can boost your home’s value by up to 35%, according to some reports.
A 2018 survey conducted by Coldwell Banker reported that 77% of homeowners were more interested in homes that already had smart technology installed. Choosing to add these upgrades can put the extra cash in your pocket you need from your investment.
You don’t have to break the bank to renovate or make changes in your home before listing to get more value out of your property. By paying attention to trends making additions that are in high demand, you can budget your way to a maximum return.