You've worked hard to buy your home. When it comes time to give it a little TLC, to sell or simply to better suit you and your family, renovations are a great way to add instant value to your home. Whether you want to spend $3,000 or $50,000, renovations can be as big or as small as you'd like.

Add a new coat of paint or two.

One of the cheapest renovation options, a fresh coat of paint will instantly lift the appearance and value of your home. Whether you do it yourself or hire a professional, choose modern, timeless colours to suit each space. It's a cost effective, easy improvement that has a huge impact. 

Upgrade your kitchen or bathrooms.

The kitchen is the heart of the home, so everything from new cabinetry to a complete revamp is sure to add to your home's value and appeal. The bathroom is another room to consider renovating, whether it's adding an addition bathroom or simply upgrading your existing amenities. 

Make the most of the outdoors.

Extend your living space into the great outdoors. Adding an outdoor entertaining area means you have an extra living space where you and future residents will be able to enjoy all the gorgeous Australian weather has to offer.

Invest in sustainability.

Solar panels or rainwater storage tanks are attractive to the environmentally and fiscally conscious. Not only are you reducing water and electricity bills but you're doing your part for the environment too.

Install air conditioning.

Everyone appreciates the comfort of climate control. Adding air conditioning to your home is a cost effective improvement that you and potential buyers will relish in winter and summer.

Do you have some renovations in mind for your home? Find out more about Auswide Bank's brand new Home Renovation Loan to help turn your house into a home. Please visit www.auswidebank.com.au/reno for more information.