From small upgrades and updates to big additions and new builds, most homeowners have made at least one improvement to their homes these past few years. In fact, with home values on the rise, you’re now able to recoup your investment and see a positive return on the money you put into home improvements. According to Architectural Digest, there are nine key renovations that homeowners should consider completing to increase the value of their home. Depending on your budget and the value you place on each of these renovation items, you should be able to determine which of these home improvements is right for you.
Paint
Repainting your home is technically the first way to increase its value. If at all, try to do it in an earthy or neutral colour. If you will go for colourful paint, make sure you get it customized to match the neighbourhood. You can save money by choosing high-quality, low VOC paint for your home. For some pointers, consult an expert before you start painting.
Replace Your Roof
Roofs are one of the most important components of a building and can often be the deciding factor for buyer interest. According to a recent survey from Remodeling Magazine, over 50 per cent of buyers said they wouldn’t even consider a house with a leaky roof. Roofing costs vary depending on the type of roof, what you’re using for roofing material, and if you’re hiring contractors or doing the work yourself.
Upgrade Your Windows
One of the simplest ways to give your home an upgrade and increase its value is to put in new windows. This will not only make your property look great, but it will lead to lower utility bills. You can also look towards vinyl replacement windows for a more affordable option. It would help if you found replacement windows that match the original materials put into the house by the builder.
Kitchen Upgrade
You can’t expect to sell your home at a high price if its kitchen is outdated and in bad condition. If you’re planning to sell your home shortly, then you should consider giving it an upgrade. Not only will this be good for your home value, but it’s a great way to update the look of your home.
Add a Porch
Porches can be a great addition to any home. As a bonus, they allow for extra space for entertaining or relaxing in your backyard. If your home does not have a porch, build it. Add window boxes with flowers or herbs to add another layer of beauty to your home and garden. Porches also act as an added shield from the sun and rain when you’re outside. If you don’t want a traditional porch, consider a deck or screened-in porch instead. The air stays fresh and naturally cool inside these porches, creating a great extension of your home or office without taking up much space.
Updating Your Front Door
Your front door can make or break the look of your house. A door is one of the first things people see when walking up to your house, so you want something attractive and well-designed. If you choose to have a new door installed, it will be a large expense, but it is worth the investment. Make sure to choose a high-quality door that will last for years. While you may be tempted to go with a cheaper alternative, those doors could look bad within a year or two of being installed.
Restore Comfort
According to experts at Cofield Comfort, any house with a busted AC is bound to be uncomfortable. it’sIt’s not just the house, but the people inside it as well. When temperatures continue to rise and the air conditioner isn’t working, it’s not just uncomfortable but downright dangerous. Restoring comfort is key when trying to sell a home because homeowners are typically the biggest critics of comfort issues.
Enhance home use with eco-friendly products.
Eco-friendly products are very much in trend these days. These products help reduce the long-term cost of your house and add to the value of your property. If you are planning to buy any eco-friendly products for your property, plan it wisely. Here is a list of the top 10 eco-friendly home products that will add value to your home:
- Solar power system: This power system is good for reducing electricity bills, and in turn, it will also save you money. There are different solar power systems available in the market, and it is advisable to buy systems that are easy to install and require less maintenance as it will give you more free time. Besides this, it is important to buy easily available products and be installed by anyone without any technical knowledge.
- Rainwater harvesting system: You can install a rainwater harvesting system at your home that can be used for watering plants or for other household purposes
Add Value with a Pool
A swimming pool is the epitome of summer fun for kids and adults alike and will surely add a lot of value to your home. However, if you’ve never had the pleasure of living with one, you may think that living with a pool is some hassle. If you have the yard space and your budget can handle it, consider adding a swimming pool to your property. Regardless of your skill level, pool installation is something that you can do yourself, and it will add value to your home and provide years of enjoyment for you and your family.
Final words
No matter your reasons for increasing your home’s value, home improvements can be the fastest and easiest way to make it happen. It’s important to remember that as the value of your home increases, so does the amount you can get in return when it’s time to sell. It can take a year or more for the appraiser to review all your home improvements and decide on an updated appraisal, so be cautious about making extensive home improvements right before you sell.
