In 2021 alone, Americans spent over $400 billion on home renovations.
There’s no denying that it’s overwhelming and daunting to muster up the money for home renovations. Not only that but turning your home into a construction zone brings another level of stress to the proceedings.
So, why do we willingly spend so much money on living space upgrades? In today’s post, we’ll tell you 5 reasons to update your living space in 2024. It might not be the most enjoyable process, but keep reading and you’ll see that the proof is in the pudding with home upgrades.
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1. Make Your Space More Enjoyable
One of the biggest reasons to take up interior decorating is to make your space a bit more livable. Whether you’ve just purchased the home and want to inject your personality or you’re tired of seeing the same living room every day, you can inject new life into your space with a renovation.
For example, a cluttered space that is poorly organized cultivates feelings of stress and anxiety. Stripping your living area, adding the right furniture selection, painting, and putting up art can have a hugely positive effect on your mental health.
2. Increase Home Value
A more practical reason to do a bit of interior design is to increase the value of your home. Depending on how much you invest, you can add up to 10% to your home’s value.
If you’re about to sell your home, a quick renovation can make your home more valuable and easier to sell. You never want to invest too much when you’re turning around and selling it, but upgrading a living room or kitchen can work wonders.
3. Boost Its Energy Efficiency
We’re all having to be more cognizant of our carbon footprint these days. If you’ve got an older home, you may not realize just how much energy you’re wasting daily. Everything from flimsy windows to old appliances hemorrhages energy to hurt the environment and jack up your energy bills.
4. It’s an Outdated Living Space
Outdated living spaces are difficult to enjoy, but even worse to try and entertain in. Browse our furniture selection to find easy ways to breathe new life into your living room, dining room, and bedrooms. You’d be surprised how much new furniture and a paint job can do for the ambiance of your home.
5. It Doesn’t Have to Be Hard
So many people think that home renovations are going to be too expensive and difficult to be worthwhile. Yes, major projects are both time-consuming and expensive, but that’s not necessarily what your home needs.
Take a look around and choose smaller projects to take on. Little renovations don’t have to be hard, but they can completely alter the way you think about your home.
Why Wait to Update Your Living Space?
If your living space needs an update, there’s no need to wait. These are just a few of the biggest reasons to renovate your home in 2024, but there are many more that are unique to your situation. Look around your home, pick a room to renovate, and get started with your renovation ASAP.
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