Do you want to know how to improve the value of your home? We’ve got your back. No homeowner would invest thousands of dollars in home improvement projects without expecting a return.
It’s important to know the value of your money, whether you plan to renovate your home in order to improve its aesthetics or if you want to sell it at a later date. We’ve already done all the work for you.
Here are some home improvement projects you can do to earn more money.
Are you ready to start? Let’s look at the options.
1. Addition of Sidings and Repair of the Old.
Many people overlook the benefits of installing new sidings. Installing a new exterior siding in a place where none previously existed will improve your home’s value on three levels.
Installing new siding on your home will increase its resale price.
Second, new sidings will increase curb appeal.
New siding can also be an excellent way to save energy.
Sidings are not only cheap, but they also have a high return on investment. A few dollars can help you reach your goal.
2. Adding a bathroom and remodeling a bathroom to increase home value.
The most popular home remodeling project is bathroom remodel. This is not without cause.
The bathroom is a room that you will miss each day you are at home. In most cases, you’ll start your day by visiting this tiny room.
You will be soothed by the shower, and you’ll love the bath. You can almost imagine how it feels. You’ll never want to miss the mini-recreational room in your house.
It’s important to concentrate on the Bathroom Remodel in order to attract a lot of buyers.
Consider adding a second bathroom if you only have one. Many home buyers prefer homes with multiple bathrooms.
Look around to identify any spaces that are not being used, such as the area under the stairway and the closet. You will need at least 18 square feet for a half-tub and 30 or 35 square feet for a full bathroom with a standing shower or bathtub.
It is estimated that adding an additional bathroom can result in a return of 80-130%. It’s worth the effort and money.
3. Kitchen Addition & Kitchen Remodeling To Increase Home Value.
You can also increase the value of your house by updating your kitchen.
The possibilities of reselling a home with fantastic modern kitchen remodeling designs are endless.
HGTV says that you can recoup between 80-120% of the money invested in a kitchen upgrade.
It doesn’t need to be expensive! Right?
There are some inexpensive ways to make your kitchen look great.
A little paint will go a long ways in enhancing the visual appeal of your kitchen. When choosing paints for your kitchen, make sure you choose neutral colors. This will not cause any problems for future buyers.
A new coat of crisp paint can also be applied to your kitchen for a cost of only a few dollars.
Low VOC paints are the best choice. These paints are eco-friendly, and they do not contain dangerous gases like benzene which can harm your health.
You should also replace outdated appliances with appliances of the latest generation that are energy-saving. Your potential buyers are always looking for energy-efficient appliances, so helping them to save energy is a sure way to score.
It’s also important to avoid investments such as a deluxe kitchen, as their chances of returning are uncertain.
If your home does not have a fully functional and permanent kitchen, it is possible to add one in order to increase the value of your property.
4. Reinvent another room to add square footage.
The cost of adding extra square footage to a room is high. Guess what? You can recover 50-83% of the money that you invested. It sounds good, doesn’t it?
You can increase the value of your home by converting a room or space into something more useful.
You can remodel your attic into your bedroom or even a children’s room.
You can also add an apartment above or in your garage and rent it as a separate bedroom.
Since the majority of potential buyers prefer flexible rooms to increase your home’s value, adding additional rooms is an excellent option.
5. Remodel For Energy Efficiency.
You want to maximize your energy efficiency because potential buyers are looking for it.
You can achieve this by ensuring that your attic has an additional layer of insulation.
You should also seal any cracks which could be air entryways. You should also add energy-efficient doors and windows to reduce your winter energy costs.
6. Renovating decks and patios to increase home value.
When appraisers come to your home for a property valuation, they will also consider the quality of your outdoor area.
You can have your deck installed by an outdoor remodeling professional contractor to enjoy a comfortable and entertaining life.
Installing a deck or patio where there was none before is the best way to increase curb appeal. You can recover up to 75% from your original patio installation costs
7. Basic Home Maintenance and Remodeling to Increase Home Value.
Your house will not be complete without the help of a remodeler, no matter how intelligent you are. You should ask your remodeling contractor to provide a maintenance agreement.
Our home remodeling in mount prospect Il experts replace the rotten wood, repaint dull areas, repair leaky roofs, and replace faulty pipes during the maintenance contract to keep your home in top condition.
Wrap-up
Bathroom remodeling, kitchen remodeling, and the installation of patios and decks are the most important remodeling projects to do to increase the value of your home. Since all buyers are looking for energy efficiency, adding high-quality insulation to your home and improving its efficiency will pay off.
