Increase The Value Of Your Home With Creative Home Improvement Tips
Dreaming of ways to increase how much your property is worth, despite knowing you’re probably going to stay there for another 10 to 20 years? Adding value to your home has more to do than just increasing your home’s resale value. Higher value makes it easier to get approval for financing and it also makes the home a better source of collateral for loans in the future. From an early age, we are always taught that houses are one of our greatest investments of a lifetime. Homes should be treated like the investments they are.
One of the best ways of increasing the value of the home is of course by carrying out home improvement. But not any project is right for every home, since not every project will substantially increase the value of every home.
Here are projects that have passed the test of time and that are sure to add to your home’s value no matter where you live.
Add On A Room
Can you quickly add value to your home? Adding a bedroom or a bathroom improves your home’s value by several thousand dollars. 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.
You can build an additional room as an extension of your existing home. You can add the room onto the existing dwelling, or you can divide a large room into two separate ones. Having more rooms after a split like this will still make a home worth more.
Remodel The Kitchen And All Bathrooms
Often for potential buyers it’s the kitchen and or bathroom that will sell the house. Most buyers want to move to a turn-key property with beautiful, gleaming kitchens with granite counters and gourmet appliances. A kitchen remodel can be quite expensive, but the appeal it can add to a home on the market is exponential.
Bathrooms also have a lot of potential. The most important things to buyers these days are jetted tubs and claw foot tubs as well as his and her sinks and a lot of storage space. 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.
Update the Heating and Plumbing
Plumbing and heating updates aren’t as exciting as fancy new renovations. Updating the plumbing as well as the heating definitely increases the value of a home and also can prevent disasters such as leaks. If you still currently rely on old forms of heating or pipes, then this will be especially true. Copper pipes are illegal in some areas, which means you might be eligible for a subsidy you can use to update your old plumbing.
Other smaller updates that you can do include landscaping your yard and replacing your gutters, windows and roof. Nearly any type of home improvement tip that you try will help you increase your home’s value a bit, but those are just a few simple and valuable suggestions. 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 wishes on your home improvement projects, and hopefully they will allow you to make your home even more valuable.