Deciding to do some home improvement can be one of the best decisions you can ever make to add value to your home. Many people are looking to invest in their home, whether it be to raise the equity to get a mortgage or to simply stay in it and enjoy its benefits without ever wanting to step foot in it. Home improvement is the ideal way to add value to your home. When you improve the looks of your house, you increase the overall value by a significant amount. This value can be further enhanced when you decide to do some home improvements and add rooms to your house.
Probably the most obvious improvements that can be made to your house to add value are by improving the general look and feel of the home. Perhaps the biggest, most visible, and most obvious improvements you can make to the house are the doors and bathrooms. However, bathrooms and the actual front doors are not the only areas where you can make a difference. Stairs, steps, porches, and other smaller renovations can make a huge difference too. Kitchen cupboards, faucets, sinks, toilets, and other small renovations can also help add value to your home too.
Windows are perhaps the most important aspect of a house for many buyers, especially if the property is located in a desirable location, in a good neighborhood, etc. They are usually the largest expenses, home buyers add to the overall price of a house. Replacing windows is a major renovation and can raise the value of your home by thousands of dollars. So, as you consider replacing windows in your home, keep in mind the impact it will have on the overall value. Also, if your home has siding, then replacing windows can make huge differences in curb appeal.
Adding large windows to the front of your home can help you add value to your home. If you want to remodel your living room, for example, but you don’t want to replace all the windows, just adding new, large replacement windows can make a big difference. It’s also not necessary to remodel the entire living room – some simple changes, such as changing door handles and cabinet pulls, can do wonders. Also, by adding new, light-filled skylights, you can dramatically increase your house’s energy efficiency, which will be a positive addition to the neighborhood in which you live.
Another way you can add value to a house without remodeling is by repairing existing structural walls. In many cases, your structural walls will need to be repaired due to age, and in other cases, the wall itself may need to be replaced due to deteriorating conditions. Regardless, it is not necessary to tear down and reconstruct your entire wall, although some repair work may be necessary. For example, if your house was built with poured concrete walls, you may only have to replace a portion of the wall (the frame), while other repairs may require you to completely replace the entire wall. Similarly, if your home’s exterior walls were built with brick on one side, and solid wood on the other, you may only need to replace the framing wall, not the entire thing.
One final example of adding value to a home is to remodel your kitchen and bathroom. While it might cost more initially to remodel your kitchen and bathroom, it will pay off in the long run by improving your property’s marketability. As previously mentioned, it often costs less to add value to your home in the form of a new kitchen and/or bathroom than it would to completely replace those items. In fact, by simply putting new tiles on your kitchen and bathroom, you’ve already added more than just one item to the home, as well as increasing the square footage in your property.