Home Improvement Ideas to Boost Your Home’s Value
Home improvement can mean a lot of different things, from adding features to your kitchen or bathroom to making repairs to your home. Whether you’re looking to make your house more enjoyable or are trying to sell it, home improvement projects can boost your property’s value and help you get the most for it.
When considering what to do with your home, it’s important to remember that not all renovations will increase its value. In fact, some can even detract from it. And the best way to figure out what’s worth doing is by thinking long term and taking into account other factors, like your neighborhood’s average home values.
For example, if you’re trying to sell your home, the most common home improvements that will add to its value are those that appeal to a wide range of buyers. That’s because potential homebuyers aren’t likely to judge your home’s value based on the features you’ve added or removed, but instead will compare it to others in your neighborhood that are similar.
Rather than spending a fortune on features that don’t matter, look for simple fixes and upgrades that will have a big impact on your home’s appearance. For instance, if your home has an outdated kitchen, installing a new countertop, backsplash and lighting can give it an updated look without breaking the bank.
Updated bathroom fixtures, such as sinks and showerheads, can also boost the value of your property. You’ll get a better return on your investment if you stick with midrange fixtures, which can offer the same visual effect as high-end options, but are much more affordable.
A fresh coat of paint can go a long way toward increasing the value of your home. A neutral color scheme will keep your home feeling fresh and modern, while a bold, bright or dark paint can add drama to the room.
You can also refresh your cabinets and doors with new hardware. Replace the knobs on your kitchen cabinets and the doorknobs on your closet, bedroom and bathroom doors to give your space a facelift.
Don’t be afraid to experiment with different styles, but be sure you stick to one theme. Choosing a design that is too unique or too over-the-top will hurt the value of your home.
Avoid trees that are overgrown or drab, which can detract from curb appeal. Oak, female Ginkgo biloba, sweet gum and locust trees are all messy and unattractive plants to have growing on your property.
Consider hiring a professional to remove those trees or plant alternative varieties, such as Eastern red cedar, crepe myrtle or Colorado blue spruce. These plants will make your lawn more attractive and help keep your property safe from storm damage.
Investing in a new roof is another common home improvement project that will boost your property’s value. A fresh coat of roof sealant can protect your home against the elements and can reduce energy costs.
Before committing to any home renovation, it’s essential to consult with a real estate agent or professional who can guide you through the process. They can provide you with tips on the best types of renovations to choose and advise you on which renovations will add the most value to your property.