Home remodeling can not only be more enjoyable for you and your family, but it can also increase the overall value of your home when done properly. is sell your house down the road. However, not all renovations are necessarily in your favor. Some projects add a lot of value to your home, while others really devalue it.
So which one should we focus on? One of the most important things to keep in mind in any home improvement project is, first and foremost, your home should serve the needs of you and your family. Once that is decided, select the project accordingly.
If you don’t know where to start, here are some of the best home improvement projects that can not only improve your family’s life, but increase the overall value of your home.
An easy and inexpensive way to refresh your home while increasing its value is painting. Applying fresh paint to your home’s exterior as well as its interior can be an easy way to update your home’s appearance and enhance its curb appeal while significantly increasing its overall value. However, when it comes to paint colors, we ruled out personal tastes and trends in order to maximize cost-effectiveness, instead opting for a timeless design that appeals to many homebuyers and doesn’t look outdated in a couple. It’s best to stick to neutral colors that have been used for years. Add a pop of color to your home with accessories and pillows that are easily interchangeable to suit your mood or the latest trends.
Entertaining Friends and Family For those who enjoy spending time outside, a deck is a no-brainer when it comes to home improvement projects. Adding a deck to your home is practical, cost-effective and functional. is. The high return on investment also makes it a great home improvement project that you can fully enjoy while reaping the benefits down the road. research shows that homeowners can recoup about 75% return on investment (ROI) by adding a deck to their home. One of the main reasons for this is that while decks add living space to a home, they cost much less to build than actual add-ons.
Focus on curb appeal
Your home already has a first impression before potential buyers set foot on your front door. You can increase your value by 5-11%. To limit the increase in attractiveness, first wash your home well and apply fresh paint to the exterior. Other projects include replacing dingy hardware, painting the front door a bold color, and enhancing the garden with landscaping.
Updating your bathroom is another easy way to increase the overall value of your home. Strategizing and being smart doesn’t always have to be expensive. bathroom upgradeNew flooring, updated vanity area, updated cabinetry, and a new shower or tub are all upgrades to consider for the best return on investment. If you’re on a tight budget, you can do it all with an inexpensive DIY renovation by painting your bathroom with new paint, updating fixtures, replacing an old mirror, adding shelving, or replacing an old light fixture. You can easily increase the value of your home.
The kitchen is ultimately the center and focal point of your home, so functionality and appeal are essential, and it’s also why a kitchen remodel is one of the smartest home improvements. People are looking for a modern and up-to-date kitchen when looking at a home. Kitchen remodels can be expensive, but the good news is the return on investment is great. kitchen renovation, reports show homeowners can recoup up to 52% of kitchen upgrade costs when selling their homes. The best upgrades to add to maximize your return on investment include a kitchen island, new countertops, updated or repainted cabinets, energy efficient appliances, and repainted walls.