Many homeowners love conducting home renovations and projects every once in a while as a way of improving their homes and these home improvement projects are more than just hanging a banksy canvas on the wall for interior design. We’re talking about renovations that can potentially increase your home’s value. Your house is not just a home, but it’s also a valuable and possible lifetime investment. If you work hard to take care of your home and preserve its quality and stability, your home value will also increase. An increased home value can be your valuable source of income as you age.
As you decide to improve your home, there are two factors you may have to consider first: improvements that can increase your house’s value to you or improvements that could increase your home’s value to others when you soon sell it. While deciding, keep in mind that the most valuable home improvements are those projects that increase your house’s worth more than the amount you’ve spent on it.
However, it may be hard to say how much your home could be valued over time, as sometimes it depends on uncontrollable factors like the economy, the number of homes available in the market, and more. Fortunately, there are ways to ensure that your home gets the top value it deserves when you soon sell it.
Here are the five home improvements you can do to increase your home value:
- Get Your Roof In Shape
You may not see your roof every day as you move in and out of your house, but it’s actually one of the easiest parts to see by prospective buyers. Your roof doesn’t only serve as your home’s shield from natural elements, but also boost your home value.
A well-maintained and stable roof will look appealing to your buyers and can positively add value to your resale price too. To ensure your roof stays in shape, schedule regular roof maintenance and inspections with a roofing company like www.topglaze.com.au, especially before winter. A roof that’s regularly checked is guaranteed to have a longer lifespan.
2. Upgrade Your Kitchen
One of the massive changes you can make to your homes is kitchen remodeling. Your kitchen is also one of your house’s areas that buyers check before purchasing. The good reason for this is that kitchens are the heart of your home, and that’s where homeowners prepare their food to fuel their bodies with energy. Hence, it’s essential for homeowners and homebuyers to have an updated and functional kitchen.
Fortunately, you don’t need to spend a big budget to remodel your kitchen. You can start by modernising your kitchen countertops and cabinets and updating your faucets, sinks, and flooring. You can either DIY this or call the help of a contractor.
3. Renovate Your Bathroom
A renovated bathroom can guarantee you an excellent return of investment. There are a few ways to renovate your bathroom without involving the electrical and plumbing system. Some smart DIY changes you can do include:
- Upgrading your bathroom’s lighting
- Adding new tile floors
- Replacing your bathroom mirrors
- Changing your old toilet with an updated water-saving design
Do valuable research first to make sure all your bathroom renovations can guarantee you a return of investment.
4. Window Replacement
Your windows are the eyes of your home. They also help create your home’s first impression from the outside. When they’re rusty and unclean, people may think your house is not well-cleaned and maintained. Thus, replacing them is a great way to add value to your home.
Besides that, upgraded windows can also enhance your home’s energy efficiency, which means you wouldn’t have to spend much on HVAC. The cost for upgrading your windows will vary on your home’s size and the quality of windows you choose. Nonetheless, new windows can earnestly complement the overall look of your house.
5. Basic Home Updates
The best way to keep your home at its top value is by conducting regular home updates. That includes keeping your home’s paint fresh, replacing wood that shows potential rot, fixing the roof as soon as it shows leaks, and getting rid of all the mold you see. Keeping up with these updates will help your home be in its best shape and away from any risk of deterioration. Everyone knows that one thing all buyers look for is a safe, solid, and well-cared home, and you can guarantee that to them by being consistent with your routine maintenance.
Wrapping Up
There are still endless options on how you can improve your home and boost its value. To make sure you’re doing the suitable projects, focus your home improvements on smaller projects that can enhance your home’s quality and make it more appealing to buyers. Be more mindful about energy efficiency and updates that can boost your home’s character and comfort. Don’t hesitate to consult custom home builders for a professional opinion on how to do so.
