Experts Sharing The Top 3 Home Updates That Really Pay Off

From this round-up post on top 3 home updates that really pay off, explore what home improvement experts share about the best home renovations that maximize the return. Let’s dive in.

Top 3 Home Updates that really Pay Off

#1 Sharron Tancred – The Mural Shop

Did you know that the home renovation cycle is now just 20 years? Sadly, the average cost of a renovation is now AU$60, 000 over an inconvenient 6-month timeline. Since the GFC, we began to build sterile neutral-based homes with little point of difference, throwing us into a cycle of dissatisfaction whereby we would build, decorate, renovate and decorate again, wasting time, money and Earth’s resources.

In this way, and given the threat of climate change, increasing population and costs, keeping our homes seemingly on-trend in a never-ending cycle of new trends, frequent renovations and constant decorating is becoming unsustainable. Instead, why don’t we look to age-old home decorating beliefs that lasted throughout our caveman days, antiquity, the Renaissance, Victorian, Art Nouveau, Art Deco, and the 70’s geometrics- all around the world that made us feel instantly at home? After all, our historical homes are now often heritage listed for their style, beauty and instant sense of well-being.

What is it, you wonder? I am talking about humanity’s age-old beliefs in the importance of art in architecture! Not everyone wants maximalist decor; moreover, most of us desire minimalist decor that feels complete. So, as an artist and decorator turned e-commerce entrepreneur, let me suggest these three tips!

#1 Architects suggest an 80:20 rule: 80% of the space and value goes into low-cost neutral finishes. 20% of the space and value is for a higher cost, more colourful forms of expression that bring Wow Factor into your home- and its point of difference! Call it your value-add. So, build in Wow Factor.

#2 Art is the expression of Culture and Architecture. Build art into your home as a do-it-once-do-it-right feature for sustainability. I.e. splashback murals, tile murals, strips, ceiling murals, art wallpaper, glass murals and more.

#3 Use your artwork to express your and your home’s personality and theme it throughout for a sense of well-being.

At www.themuralshop.online – Delivering Unique Art Finishes, I have all the products that you need! You can really pay off on your investment with wiser, low-footprint decorating with ease and speed!

#2 Ashley Spencer – Casart Coverings, llc

The key for the top three projects that pay off the most is leaving a lasting impression while bringing you the most joy.

#1 Add landscaping and updated paint colors to enhance the exterior to help your home stand out for guests and potential buyers with ‘memory points’ as their first impressions. Enhance curb appeal with paint colors to balance with plants that will mature. Consulting with professionals makes this #1 tip payoff.

#2 Upscale the entry with large scale artwork or color on an accent wall. The entry is the first thing visitors see going in and the last going out. Make it easy and low risk to leave a lasting impression with removable wallcovering, such as one of Casart Coverings’ over 120 designs that can be customized. Coordinating Casart Accessories can be added spaces to complete a personalized look.

One 52” wide repositionable wallcovering can be applied in minutes, left up or removed whenever one wants, stored, and reused in another location, seasonally or repurposed (stair rises, doors, cabinet fronts, tables and trays). Display Casart murals as triptych paneled artwork. (The rule of 3 is always visually appealing.)

#3 Updating gathering/entertaining room(s) may not give us the most resale ROI as upgraded kitchen appliances or showerheads, but they will vastly improve our well-being in our own homes, which is priceless.

We’ve learned to appreciate a comfortable, serene, happy, sanctuary space after Covid. Now we are welcoming guests back into our homes, entertaining, and planning holidays together with family. Rooms where we gather have become the most valuable spaces to invest time, energy, and dollars – not just for ourselves but for our guests – and getting back to living.

#3 Kerrie Kelly

When considering updates for your home that will pay off in resale value, you’ll want to tackle projects that provide a big impact at a low cost.

Our top three go-to’s are paint, hardware and lighting.

#1 Paint – Start by choosing one neutral color that can be applied to all the walls in the home to create a cohesive palette.

#2 Lighting – Swap out old lighting fixtures such as flush mounts, ceiling fans, sconces and pendants, keeping it fairly simple to appeal to a wide range of buyers. You can “choose your moments” by making a statement with a chandelier in the dining room or pendants over a kitchen island.

#3 Hardware – Finally, upgrade your hardware. This goes for all doors in the home as well as cabinets. Choose a finish such as brushed nickel, matte black or bronze that will give a fresh look without showing finger prints and will stay timeless for years to come. Instead of gutting a kitchen or a bathroom, paint the cabinets, change the hardware, upgrade the lighting and you have a space that feels brand new without the major work and cost involved. A few simple upgrades can have a huge return on investment.

#4 Stacy Garcia

#1 Paint or Peel & Stick – painting is an inexpensive way to change the entire look of a room. But if you want to add even more excitement, use peel and stick wallpaper or a dynamic art or wall installation for a bold statement wall in any room. A wall installation doesn’t have to be expensive, consider using handmade decorative woven bowls to create a colorful and interesting visual.

#2 Change it up – update your space plan to reflect how you actually use a particular room. Do you have a formal living room that isn’t being used or a dining room that rarely sees a meal? Consider how updating the space with new furniture or a simple layout change can maximize its use. Example – a dining room can double as a home office. Use a console or buffet table as a desk. Or a formal living room can be used as a gaming room, media room or yoga room depending on the desire of the homeowner.

#3 Lighten up – update your lighting – Older homes can be darker in general due to less lighting and smaller windows, so consider adding or layering light sources. If the room has ceiling light, consider floor lamps or table lamps as well as adding accent lighting pieces that can brighten a home especially in the winter months. Lamps with modern or sculptural bases are a great option as they provide light as well as décor. And consider dimmers – these simple switches can add ambiance to a room rather than just an all or nothing light option.

Final Words

Hope you have got some budget-friendly home improvement updates that can add value to your home and really pay off. With that, you can also make use of the loan options available for home renovation projects.