Skip to ContentSkip to Footer

6 Renovations to Boost the Value of Your Home

Young couple planning home renovation with children playing in background

Home renovations are a powerful tool for increasing the value of your property. Whether you’re planning to sell or want to enhance your living space, strategic improvements can offer a significant return on investment (ROI). However, while engaging in renovations is tempting, it’s imperative to consider the potential insurance implications of substantial changes. The following suggested renovations can boost your home’s value and ensure you’re covered.

1. Kitchen Remodel

The kitchen is often considered the heart of the home and a key area for renovation. A well-executed kitchen remodel can dramatically increase your property’s value. Start by upgrading appliances and fixtures to modern, energy-efficient models. These will enhance the kitchen’s functionality and attract eco-conscious buyers.

Improving the layout can make the space more user-friendly while updating surfaces and finishes —like countertops and cabinets—can give the kitchen a fresh, contemporary look. Don’t forget to consider how these changes might affect your insurance policy, as upgrades could increase the replacement cost of your home.

2. Bathroom Renovation

Modernizing your bathroom is another surefire way to add value. Focus on updating fixtures and features, such as installing a new shower head, toilet, or vanity. These improvements enhance the bathroom’s appeal and functionality.

Consider upgrades that boost energy and water efficiency, like low-flow toilets and LED lighting, which can reduce utility costs. Using high-quality materials for surfaces and finishes can significantly enhance aesthetics. As with any renovation, be mindful of how these changes might affect your insurance, particularly if you’re adding luxury features that could increase your coverage needs.

3. Energy-Efficient Improvements

In today’s environmentally conscious market, energy-efficient home improvements are highly desirable. Start by installing new windows and doors that offer better insulation and security. Updating insulation and sealing gaps can also make your home more energy-efficient, reducing heating and cooling costs.

Consider integrating renewable energy sources like solar panels for even more impact. These upgrades make your home more sustainable and increase its market value. However, renewable energy systems might require additional insurance coverage, so consult your agent to ensure you’re adequately protected.

4. Enhancing Outdoor Living Spaces

Outdoor spaces are increasingly seen as extensions of indoor living areas. Building or upgrading decks and patios can create functional, appealing spaces for relaxation and entertainment. Improving landscaping with plants, walkways, and lighting can enhance your home’s curb appeal.

Consider adding functional outdoor structures like pergolas, fire pits, or an outdoor kitchen. These features can make your property stand out. Remember to check with your insurance provider, as these additions may require adjustments to your policy.

5. Creating a Home Office Space

With the rise of remote work, a dedicated home office has become a highly valuable feature. Designate a workspace that is quiet and separate from high-traffic areas. Invest in ergonomic and functional furniture to make the space comfortable and conducive to productivity.

Aesthetics and privacy are also important, so consider soundproofing or adding decor that inspires focus. Since this is a new use of space, inform your insurance company to ensure your policy reflects these changes.

6. Updating Flooring and Paint

Finally, updating your home’s flooring and paint can offer a fresh, modern look without breaking the bank. Install new flooring that suits the current market trends, whether you pick hardwood, tile, or luxury vinyl. Fresh paint, particularly in neutral tones, can make spaces feel larger and more inviting.

Incorporate trending design elements to appeal to contemporary tastes, but don’t forget to consider how these updates might impact your insurance, especially if you choose high-end materials.

Consult Your Homeowners Insurance Agent

Before starting any renovation, consult with your insurance agent to ensure you have the right coverage for your improvements. Feel free to contact your local agent for more advice on home renovations and to explore additional resources.

Get A Quote

This field is for validation purposes and should be left unchanged.

Customer Reviews
4/5

Ms Rabecccca is the best i know i get on her nerves but she ALWAYS VERY NICE...

SC
SQUEAKY C
5/5

Just called to get some information and spoke to Ms Jenna and she was so kind...

Miranda D
Miranda D
5/5

always can find me the best rate

KR
Kraig R
5/5

Supsuper duper helpful...lifessavers

Al AMODE
Al A
5/5

I love everyone in the office! Great customer service and they do everything...

Ayla Muller
Ayla M