There are so many financial benefits to renovating your home. Renovating is something people do not just do because they want their house to look a bit more modern or a bit more attractive. They often have renovation work done as a means of making a lasting investment that will benefit them financially in the long run.
Obviously some of that financial benefit comes from making the house more attractive. This adds market value and allows your property to command a higher price if you decide to sell up in the future. Modernising has this effect in a quite a general manner and there are even more benefits if your renovation project includes extension work.
Other financial benefits of investing in renovation work on your existing property include the opportunity improve your insulation and the general quality of the shell of your home and its mechanical systems.
If you can spend the money on improving your house in this way then you will save money on energy and resources thereafter. This is particularly important if your property is of a certain age and its mechanical systems need as much modernisation as its appearance.