Adding value to your home is easier to do than you think. You don’t have to wait for the real estate market to turn around and your home’s value to increase that way. Instead, choose the right home improvement projects, do them well, and you’ll be well on your way to a nice boost in your home’s bottom line. Some home remodels are worth more than you think
The kitchen upgrade
That faded 70’s style kitchen isn’t going to go over well when your home is appraised. Upgrading the kitchen with modern cabinetry, appliances, plumbing, and electrical is one of the best ways to add value.
If you were to sell your home, this is a key focal point for most buyers, making it one of the most important rooms of the home to maintain in a modern, clean, beautiful way.
The finished basement
Finished basements are usable rooms. If you don’t have flooring, walls, and running water down there just yet, this is where you want to focus your energies. The New York Times reports that an unfinished basement actually holds back your home’s value and can reduce the number of interested buyers.
Plus, there’s no good reason not to improve it. It adds incredibly valuable real estate square footage to your home, whether you plan to use it or not.
The enclosed garage
Garages are especially important in cold-weather climates. The goal is not just to have a carport, but a fully enclosed garage that offers all of the features necessary for the user. If you have a garage, maintain it. This means keeping it organized, free of pests, and free from any leaks or water problems.
This can create a nice improvement on your home’s value, especially if it is attached to the home.
The landscaped exterior
You have grass, but it is somewhat brown. The trees and shrubs are overtaking the yard. Installing professional-quality landscaping is essential for most homeowners. It creates an important first impression. Bob Vila reports that good landscaping design can actually add up to 20 percent to your home’s value.
That’s substantial enough that any homeowner should get out the shovels and lawn mowers. However, professional landscaping really is essential in most cases.
The new roof
It is just as important (and valuable) to ensure the main systems in your home are working at their best. This includes your home’s roof, one of the most commonly forgotten remodeling projects. Upgrading your home’s roof (not just patching the leaks) adds value to your home as it helps to protect virtually everything else within it.
Keep in mind that your home’s heating and cooling systems, plumbing and drain systems, and electrical systems also need modern upgrades.
Spend your energy and budget wisely
Spend a little time on these home improvements, especially if you hire a professional to do the work for you, and you will likely see an improvement in the next appraisal you get. You may even find that these are all improvements beneficial to improving your quality of life.