Home Improvement Tips: Ways to Increase the Value of Your Home
Whether you’re planning to buy your first home or already own one, adding more value to your home can be a good thing. Home improvement projects can increase your property value by thousands of dollars. There are many ways you can increase the value of your home. Some projects take less than a day to complete and give you a return on investment of over 50%. Other projects may take weeks to complete and have a lower return on investment, such as adding insulation, but you can still add hundreds of dollars to your property value.
Living in an older home can be expensive, especially as you start looking around for home improvement tips that will increase your home’s value. There are a few things you can do to help increase the value of your home.
Here Are Home Improvement Tips: Ways to Increase the Value of Your Home
- Invest in kitchen and bathroom.
Every homeowner wants to increase the market value of their home. One way to increase the value of your home is to improve it. Over the last several years, the economy has forced homeowners into tight and tight budgets, but there are still ways you can improve the appearance and function of your kitchen, bath, and yard. A new kitchen is a big investment, but it doesn’t have to be as expensive as you might think. There are a number of ways to save money on a kitchen renovation while still getting the results you want. For example, there are services that you can opt for at a budget-friendly price such as changing out the kitchen faucet, replacing the gutter (you can contact firms similar to Krumm Exteriors- who are known to offer Gutter replacement in New Richmond, WI), using cheaper tile than marble, and painting cabinets.
- Finish basement and other unfinished spaces.
Finishing an unfinished basement is an effective way to increase the overall value of your home. Adding an extra bedroom, bathroom, or living space to your home makes your house a home.
- Update to energy-efficient appliances and features.
Home improvement projects can add value to your home, but it’s important to weigh the cost vs. value before committing to the upgrades. Home improvement projects don’t add value to your home if they add things that aren’t needed, so make sure that any new appliances or features you install are needed. One of the easiest ways to save money is to replace old appliances with energy-efficient ones. For instance, if you’ve got an old air conditioner or if you require a new heating system, it may be a good idea to get in touch with an HVAC company like Brooks Heating and Air (find more info on https://brookshvac.com/hvac-installation/). Technology has advanced so much in recent years that installing new energy-efficient appliances and features can be just as effective as installing new appliances or features in 10 years.
- Revive curb appeal.
Adding curb appeal to your home can play an important role in enhancing its value. In fact, 65% of homeowners say that curb appeal is a major factor determining their home’s value. And according to the National Association of Realtors, remodeling or renovating a home’s exterior features can boost its value by 5% to 15%.
- Renovate home’s finishes.
Renovating your home can be a huge undertaking, but there are plenty of ways to add value, enhance value, and increase your return on investment. The kitchen and bathroom are two of the most expensive rooms to renovate, but homeowners can make small upgrades to paint, appliances, countertops, and flooring that bring a big return. For instance, a homeowner looking for upgrading his house by making small changes can consider using Custom Shades. This can instantly change the outlook of the rooms, thereby increasing the beauty of the house by tenfold.
When it comes to home improvements, you have two main choices: you can tackle the project on your own or hire a contractor to do the work for you. Whenever you need any major repair work or maintenance of your home, such as flooring installations, plumbing installations, or roof replacement (check out roof maintenance company in Denver if you’re interested), you may need to contact a professional as it might be difficult to do it on your own. Deciding which route to take depends on your budget, skills, and time commitment, as well as the scope of the project. For example, if your project is a small home renovation project, DIY is probably your best bet since it won’t require any special skills or materials-it just takes some elbow grease. But if the project is a more significant one, hiring a contractor may be your best -and only- option.
Improving your home is one of the best ways to increase the overall value. You can make your home more attractive to prospective buyers with some effort while also increasing its resale value. And, don’t worry-we’re not talking about hiring a contractor to help remodel your interior. We’re talking about sprucing up the exterior of your home.