A Few Home Improvement Projects That Always Add Value to a House
Increasing a home’s value tends to be important to any homeowner, even if they plan on living there for some time to come. Improving the value of a home is about more than improving resale value.
Homes with higher value have more refinancing options and they make better collateral. A home is a major investment that can serve you well for years to come. Increasing your home’s value only strengthens that investment.
The most common method for improving a home’s value is by investing in various home improvement projects. Of course, it takes planning and careful consideration to choose the best projects. But not any project is right for every home, since not every project will substantially increase the value of every home.
Below are projects that have withstood time for owners who would like to have a higher value for your there, regardless of their location.
Add More Rooms
There is one project that will instantly increase the value of any home. Add in another bedroom or another bathroom. If two houses were exactly identical, but one house had an additional bathroom, then that home would be worth much more. Homes with more rooms accommodate more people, and offer more space, so they are naturally worth more.
Rooms can easily be added to the home as an extension. Although, not everyone chooses to make extensions. Instead, they may convert larger, unused rooms into multiple, smaller rooms. Either process will add value to the home.
Remodel the Kitchen or Bathroom
The two most important rooms in any home are the kitchen and bathroom. Today everyone wants wide open areas with granite countertops as well as new cabinets and even stainless steel appliances. A kitchen remodel can be quite expensive, but the appeal it can add to a home on the market is exponential.
Bathrooms are also an important consideration to homebuyers. Most people shopping for a home look at how much space is available in the bathroom and for specialized plumbing, such as jet powered showers. Bear in mind that a renovated bathroom now will improve your pleasure for a while to come. It’s a room we have to spend a lot of time in, so we might as well enjoy it.
Redo the Heating and Plumbing System
These types of improvements are not able to be seen by others. However, let’s not forget it will keep these essentials in good working order as well as improve home value. This is particularly true when it comes to older properties, many of which use copper pipes and gas heating. If you have copper pipes, you may be able to receive assistance from the government to remove those pipes and make the necessary changes.
There are other areas you may also consider upgrading, including your lawn and roofing systems. Even though all home improvement will increase the value of your home, the three suggestions above will bring the most value on the money spent. Whether an owner decides to make more rooms, update the kitchen or bathroom, or replace pipes and other parts, the home will be in better shape for years to come.
Best of luck with any renovations!