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5 Home Improvement Projects that Can Add Value to Your Home
Are you thinking about putting your home on the market? Or perhaps you’re just looking to improve its value for when you do? =
Check out these five home improvement projects that can add value to your home! From a new roof to fresh paint, there’s something here for everyone.
So get started today and see the difference it makes!
5 Home Improvement Projects That Can Add Value to Your Home
Even if you’re not planning on selling your home in the near future, there are some home improvement projects that can add value to your property. Here are five of the most popular ones that add the most value.
1. Landscaping
Landscaping is one of the best ways to boost curb appeal, no matter where you live. Plus, it’s easy and affordable – something that can often be knocked out in as little as a weekend rather than being a massive, multi-month undertaking.
A few ways to upgrade your landscaping in a flash? Seed in a new lawn or put down fresh sod. Prune your shrubs or surround trees and bushes with mulch for a more polished look.
Even things like painting the front door or scrubbing the home’s siding can have a major impact on the overall value of your home!
2. Kitchen Remodel
Another smart way to boost the value of your home is to do a complete kitchen renovation. Start small with this and don’t go overboard – adding a $50,000 kitchen to a $100,000 home won’t automatically make your home worth that much more.
Small upgrades like replacing old light fixtures or upgrading the kitchen faucet can go a long way. Of course, you’ll get a good return on investment if you decide to completely remodel the space, but keep in mind that these renovations can be costly.
3. Adding a Deck
Putting a deck on is another simple upgrade you can do. Decks increase the living area of your home but cost less to build per square foot than, say, adding another bedroom would.
4. Remodeling the Basement or Attic
One of the easiest ways to increase the value of your home is to add more square footage. However, building an addition can be costly, with these sorts of projects having a tendency to rapidly go over budget.
Instead of adding on, consider renovating the space you do have to make it more liveable. You can turn the attic into a bedroom or office space – or the basement into a family room. The more versatile the space, the better.
5. Improving Your Energy Efficiency
Finally, consider changing out old appliances, windows, and doors in favor of more energy efficient ones. Home inspectors will take note if your home is lacking good insulation or if it has drafty windows and doors.
These are upgrades that are smart to make not only for the sake of your home’s resale value, but also because they’ll make your home a more comfortable (and less expensive) place for you to live, too. Install Energy Star-rated windows and doors and you’ll find that you save a boatload on heating and cooling costs.
You can also take simple steps like adding extra insulation to the attic and sealing up cracks around light switches, doors, electrical sockets, and windows to make sure energy isn’t being lost.
Upgrade Your Home Today
Whether you’re looking to sell your home in the near future or not, it’s always a good idea to keep its value as high as possible.
One of the best ways to do that is by doing a few simple home improvement projects. It’s important to remember that while some projects (like the ones listed above) add value to your home, there are others that can negatively affect your resale value.
Generally speaking, the more customized a renovation is to your own personality or needs, the less likely it is to have a positive impact on the resale value. Case in point? Adding a swimming pool or converting a garage into a gym. These might be things you’re interested in having around, but not so many potential buyers.
That said, remember that it’s still your home at the end of the day – so if there’s a home improvement project you really want to do just for the sake of making your home more liveable, go ahead! Even if it doesn’t add value to your home, it might still be worth it for your own sake.
Luckily, there are many easy and affordable home improvement projects that can add value to your property. We’ve outlined five of our favorites above – experiment to see which ones work best for you!
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Kaya Wittenburg
Kaya Wittenburg is the Founder and CEO of Sky Five Properties. Since the age of 10, real estate has been deeply ingrained into his thoughts. With world-class negotiation and deal-making skills, he brings a highly impactful presence into every transaction that he touches.
He is here to help you use real estate as a vehicle to develop your own personal empire and feel deeply satisfied along the way. If you have an interest in buying, selling or renting property in South Florida, contact Kaya today.