Home Improvement Projects That Add the Most Value
Remodeling and renovating your home is a great way to add value to it. Adding value is excellent if this is an investment for the long run or you’re looking to sell soon. However, it would be best if you also thought about how much of a profit these home improvements will get you, especially if you want to sell your home as soon as the projects are complete. As such, you should first research what kinds of upgrades give the most value. After all, getting the most out of every investment is what everyone wants. So, to help out, we’ve put together a list of home improvement projects that add the most value.
Touch up the bathroom
You can never go wrong with improving the bathroom when it comes to adding value to your home through home improvement projects. Especially if your home is old and the bathroom is getting dated, investing in bathroom improvements is a great idea. Installing new fixtures and re-grouting the bathtub is the minimum you should do. If you want to go all in, consider replacing the tiles and everything that might be dated in the bathroom. All in all, bathroom remodels bring some of the highest returns on investment out of all updates you could give your house. That said, there are things to remember before making any updates when selling your home. Making updates to your home when you intend to sell is much different than regular updates. So, be sure to consider everything before settling on what you want to invest in.
Touch up the kitchen
Right up there with bathroom remodels, kitchen remodels are some of the most valuable home improvement projects. However, remember not to go overboard with your upgrades, as adding too much value can be a detriment. For example, adding a $100,000 kitchen to a $150,000 home can seem significant, but it will make the home unappealing to home buyers. So, consider some minor upgrades, such as new cabinet hardware or faucets. Replacing light fixtures in the kitchen is also generally a good idea. Instead of completely replacing the cabinets, consider giving them a new paint job. Alternatively, refinishing the cabinets is also a good idea if you want to make them look new. And before you start trying to sell your home, consider: will my house still sell in today’s market? Before beginning the process, you should know what to expect and plan ahead.
Improve the curb appeal
Curb appeal is essential for any home, whether you’re trying to sell it or not. As such, improving your home’s curb appeal is, generally, an excellent investment. And the best part about it is that this project is very flexible overall. It can be as simple as giving your home’s exterior a good wash or as involved as adding in a new walkway or replacing the driveway. Investing in your lawn or adding a small garden is a good midpoint. Whatever you decide to do, remember that curb appeal is fundamental when attracting buyers. So, whatever you invest in, ensure you do well to attract as many buyers as possible. Pressure washing your home might be the right call if you want to settle for a more straightforward option. All in all, cleaning is an investment that pays off, among other benefits.
Renovate the attic
Many investors try to improve their properties by adding square footage to them. And while this can be a great idea, it can also get costly quickly. So, consider renovating the space you already have instead of adding new rooms. After all, giving the attic a touch-up is much easier than building an entirely new room. The best part is that you can approach this however you like; you can remodel your attic into a home office, bedroom, workout room, and so on. Making the room as versatile as possible is a great idea because buyers like to have spaces they can personalize after the fact. And if you plan to sell your home quickly, consider how to handle multiple offers at the same time. Knowing how to handle this properly can be vital to successfully selling your home.
Improve your home’s energy efficiency
Improving your home’s energy efficiency is a great idea, no matter how you look at it. If you intend to sell your home, buyers love homes that are energy efficient. That is because everyone is always looking for ways to save money where they can. On the other hand, if you’re improving your home without intending to sell, you’ll get many benefits out of it. Installing insulation and updating your HVAC systems will lead to a decrease in your energy bills overall. Besides this, you should also take the time to fix the cracks around doors and windows. If you want to go all in, consider replacing your current doors and windows with more energy-efficient ones. This investment can be somewhat expensive, but it pays itself in time. Remember, you can’t go wrong with improving your home’s energy efficiency when improving it.
Home improvement projects that add the most value – wrap up
Adding value to your home can be difficult if you don’t know what to invest in. That is because some investments don’t add nearly enough value compared to how expensive they are. However, if you know where to put your money, you can easily make your home much more valuable. Investing in the right improvements can make your home appealing to most buyers, and the higher the appeal, the more likely they are to pay more for your home. So, take your time and decide carefully on what improvements you want to go through with. We hope that this list of home improvement projects that add the most value to your home helps you out, and we wish you a good day.
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