As we arrive at the midpoint of 2023, it's not too late for home renovations. Making the right home upgrade not only makes a home more comfortable but can also increase its value and improve aesthetics. If you don't know where to start, here's an idea of some great updates you can make this year.

Basement Finishing

The basement is no longer a big damp room that you use to store things you no longer need. More homeowners understand what they can do with all that extra space. Create an entertainment room, playroom, home gym, or an extra apartment to rent out for additional income. If you're thinking of buying a separate rental property, you may want to test the waters by turning your basement into a vacation rental for a while.

Bathroom Remodel

Since you spend so much time in the bathroom bathing and getting ready for the day, you might as well create an oasis that makes it as relaxing as possible. While it's still fun going to the spa with friends, you can bring the spa to your home bathroom with the right upgrades. Add a deep soak tub and install a rainfall shower, or install a dual-flush toilet to reduce water waste. Add a steam room compartment if your bathroom is big enough. In terms of color, paint the walls baby blue since, according to Forbes, that color in a bathroom can bring you an additional $5,000 upon resale.

Energy-Efficiency

If you're remodeling a kitchen or bathroom, take the chance to install some energy-efficient systems. You can improve the look of your home while saving more money on your bills. Say goodbye to that old fridge, dishwasher, washing machine, and HVAC unit, and switch them out for new Energy Star models. Doing so may also get you a rebate from your local or state government.

Smart Technology

Smart technology isn't just for your cell phone. You can also easily incorporate it into your home renovations. Some smart technology upgrades include smart lighting, security systems, smoke detectors, thermostats, cameras, blinds, and irrigation systems.

According to Zillow, over 70% of homeowners will consider at least one home upgrade this year or next. If you decide to join the club, you have many options. You don't have to make all your upgrades at one time. Decide what's most important to you and take it from there. After all, once you start making beautiful upgrades to your home, it may be hard to stop. Contact N.J. Schmidt Realty and Construction when you're ready for home renovations.