KLG & Hoda: Simple Home Renovations that Add $1,000s to Value of Home

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Kathie Lee & Hoda: Home Renovations To Add Value To Any Home

Adding value to your home may seem really troublesome and difficult to do, but according to Scott McGillivray, host of the HGTV show Income Property, there are a number of simple renovations you can do to your home that will bring up the value of the home by $1000s.

Kathie Lee & Hoda: Vinyl Wood Flooring To Add Value To a Home

McGillivray told Kathie Lee and Hoda the first place to start when adding value to your home is on the ground. Changing up your flooring can really add a lot of value, and hardwood floors are the most requested type of flooring in America.

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KLG & Hoda: Simple Home Renovations that Add $1,000s to Value of Home

Kathie Lee and Hoda learned the different home renovations for their bathroom, kitchen and living room that will add $1000s of dollars to the value of a home.

McGillivray said one type of flooring that is simple to install is vinyl wood flooring. A special padding on the back of the vinyl even allows for you to simply lay it down without any type of glue or adhesive. He added that the flooring should not be lined up perfectly when installing because you should be trying to get a “distressed barn” look.

Other types of flooring McGillivray suggested included laminate flooring, which is simple to install, and standard hardwood flooring, which needs to be installed by a professional. If you are the type of person who is more partial to carpeting, McGillivray said he likes to use carpet tiles instead of installing one huge sheet of carpet across the floor. He likes the tiles because they are easy to replace if a stain ruins them or the fibers being to wear down.

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Kathie Lee & Hoda: New Tiles Add Value To a Home

Tiles are the next best way to add value to your home. McGillivray said you can install tile the old fashioned way with a troll and some glue or you can install stick tile which simply sticks right onto the wall.

Kathie Lee & Hoda: Wax Seal Fixes Most Toilet Problems

McGillvray said you can even add value to your home with a new toilet. He said a wax seal for the toilet will fix most problems. But if you have a really ugly toilet with lots of dings and scratches, he said buying a $140 toilet is going to make the bathroom seem a lot nicer and a lot more expensive.

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