Five tips to add resale value to your home

Home Renovation

In this article:

Are you considering adding value to your home? Here’s our carefully curated list of the “top five” tips, designed with current trends in mind. Plus, we’ve included a special call to action for you to explore the benefits of a personal loan to fund your renovation dreams.

Top 5 Tips for Maximizing Your Renovation Returns

  1. Seek Professional Consultation: Before embarking on any major changes, invest in the expertise of professionals such as interior designers, trusted realtors, contractors, or home inspectors. They can provide valuable insights and sound advice, preventing costly mistakes. Professional guidance not only ensures your plans are on the right track but can also lead to innovative suggestions that enhance your project. Remember, the money spent on good advice is an investment that pays off in the long run.
  2. Know Your DIY Limits: While do-it-yourself (DIY) projects are enticing, it’s crucial to recognize your limits. The kitchen, for instance, may not be the ideal space for experimenting with complex renovations. Amateur errors could surface during a home inspection, potentially requiring costly corrections. Work with professionals to capitalize on their expertise, and consider DIY tasks like clean-up or supply procurement to save costs. Remember, it’s not just about DIY; it’s about doing it right (DIR)!
  3. Focus on Rooms with Running Water: Adhere to the timeless “running water” rule when planning renovations. Bathrooms and kitchens offer the highest return on investment. Enhance these spaces to elevate both functionality and aesthetics, catering to the preferences of future homeowners.
  4. Prioritize Energy Efficiency: With heating and lighting costs on the rise, energy efficiency is a key consideration for homebuyers. Invest in insulation and other energy-efficient solutions to enjoy immediate cost savings and boost your home’s resale value. By prioritizing sustainability, you not only contribute to a greener future but also make a wise financial decision.

Consider a Personal Loan for Your Renovation Needs!

Thinking about transforming your space but concerned about the financial aspect? Explore the option of a personal loan to kickstart your renovation project. A personal loan provides the flexibility to fund your home upgrades without depleting your savings. Whether it’s a kitchen overhaul, bathroom redesign, or energy-efficient enhancements, a personal loan can empower you to turn your vision into reality.

At Luminus, we understand the significance of creating your dream home. Our personalized loan solutions cater to your specific needs, offering competitive rates and flexible terms. Take the first step toward realizing your renovation goals by contacting us today. Let’s make your dream home a tangible reality!

Read other recent articles

pexels nataliya vaitkevich 68635151 scaled

Maximize Your 2023 Tax Return

Essential Tips and Resources for Canadian Tax Filers With tax season in full swing, it’s crucial to stay [...]
Read more
Exciting News For Luminus Members

Luminus Financial Launches New Website, Featuring Helpful Financial Tools and an Intuitive Online Banking Experience 

Luminus Financial continues to elevate the member-owner experience with the much-anticipated launch of its new website. The website’s [...]
Read more
Annual General Meeting 1

2024 Annual General Meeting Notice  

Attention All Members: Please note our Annual General Meeting will be held on Thursday, April 4, 2024. The [...]
Read more

Ready to get started?

© 2023 Luminus Financial. All rights reserved. | View our Legal and Privacy Policy pages.

Skip to content