Contemporary Residential Architects
Home Improvement Ideas You Should Use To Add Value To Your Home
Even if you’ve been planning to live in a home for a long while, you may want to make it worth more money. It’s not only about the resale value. It gives you options for refinancing and more collateral when you want a loan. 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.
Spending some time and money on improving the appearance of the home will allow you to increase its value. Some renovations yield better results than others.
Here are some great ideas to add value to a home wherever it is located.
Adding New Rooms
This is a great trick to raising your home’s value very fast. More rooms means more money. Even if your house is almost exactly the same as another house on your street, it’ll be worth more if it has an additional room or bathroom. This is due to the fact that larger homes can house more people, so they will cost more to purchase.
There are two ways of doing this: one is to add the rooms as extensions to the property. However, there are other options if you don’t have enough space on your property for this. Another option would be to turn a larger room into two small rooms.
Upgrade Your Kitchen and Bathrooms
The kitchen and bathrooms can really make or break the deal when selling a home. Everyone these days likes to see a spacious, open kitchen featuring stainless steel appliances, new cabinets and granite countertops. Of course, a kitchen makeover is an expensive project, but it makes a home much more valuable and appealing to buyers.
Bathroom renovations are also tricky to undertake, but provide a great return on investment. You will always find that a lot of storage space, dual sink set ups, jetted tubs and more are all going to bring attention to the right buyers. If you have a well designed and fitted bathroom it also provides a comfortable, relaxing haven where you can chill and be happy. That makes sense, considering a lot of time each day is spent in the bathroom!
Redo the Heating and Plumbing System
It may not be a glamorous thing to do and you won’t have any fabulous new features to show your friends but it is still well worth while. However, renovating your plumbing and heating adds value to your house and also averts future mishaps such as leaks This is something that’s particularly true if your home uses copper pipes or gas heating. Some locations have actually make copper piping illegal in homes, so the owners can get assistance with a plumbing project.
There are other, less elaborate projects to take on, such as roof repairs, replacing windows, cleaning and replacing gutters, and taking extra care of the lawn. In fact, any upgrades that you can make to your home will typically increase its value. However, if you want to get the largest return on investment, the three projects listed above are the best choices. Whether you add rooms or renovate existing ones, your home’s value is set for a long time.
Great value can be brought by working to make a home more appealing and up-to-date!