When it comes to home improvement, the average homeowner can get overwhelmed by the effort, cost, and time needed to make the changes they desire. Even though it may seem intimidating, there are some specific home improvement projects that can provide a substantial return on investment and add significant value to your home. Here are 10 home improvement projects that pay off big time!
1. Replace the entry door. Whether it’s the front, back or side door, replacing it can add instant curb appeal and make a major impact on the marketability of your home. Steel and fiberglass entry doors are more secure and will reduce drafts, energy costs, and external noise.
2. Update the kitchen. A kitchen remodel can make a huge difference and can add up to 62.9 percent of the cost of the remodel to the home’s value. From painting walls to upgrading out-of-date cabinetry and appliances, projects such as these can turn a kitchen into a functional, modern space that offers a high return on investment.
3. Paint the interior and exterior. A fresh coat of paint can go a long way and can make a dramatic difference, both inside and outside the home. Painting is relatively inexpensive and can make any room pop with color, while also protecting the home from weathering. In addition, it can be relatively easy to do and can be done yourself.
4. Replace or add insulation. Insulation not only helps keep energy costs down by preventing unwanted external air from entering or escaping, but it’s also an important safety measure. By adding or upgrading existing insulation, you can increase the value of your home, as well as improve the safety of the home.
5. Upgrade windows and doors. Similar to an entry door, replacing and/or upgrading your home’s windows and doors can help reduce drafts and energy costs. Not only this but newer, more efficient models are available such as energy star rated windows that can help improve the overall value of the house.
6. Spruce up the bathroom. Remodeling the bathroom can be incredibly rewarding. You can choose to update fixtures such as the shower, tub, vanity, and/or toilet. In addition, updating wall and flooring can make a world of difference, and make your bathroom a relaxing oasis.
7. Add a deck, patio, or porch. Adding outdoor living spaces can be the perfect way to entertain and enjoy the outdoors, while also adding to the value of the home. Porches, decks, and patios are all great additions that you can make to provide extra living or entertaining space.
8. Install new lighting. While lighting isn’t always considered a fundamental home improvement, replacing outdated fixtures with newer ones can go a long way. Not only will it make your home look and feel newer, but it’ll also brighten a room and give a home improved curb appeal.
9. Upgrade storage. Adding extra storage space or improving existing is always a wise choice. Add shelves, cabinets, cupboards, and closet organizers, it’s easier than ever to create a multifunctional home.
10. Change landscaping and hardscaping. The exterior of your house can make the first strong impression to a potential buyer. Therefore, making sure the lawn is well cared for and walkways and other outdoor features such as a pool, hot tub, or outdoor kitchen are well maintained, can have a huge payoff.
Making some home improvement changes can be intimidating. But instead of trying to do everything, review these 10 projects that will truly pay off big time—no matter your budget. Replacing the entry door, sprucing up your kitchen and baths, upgrading windows and doors, adding insulation, and upgrading storage are just some of the changes you can make to improve the overall value of your home. In addition, the exterior landscaping plays an important role in making a strong first impression. Making changes to your outdoor living spaces such as a porch, patio, and/or deck can add to the value of your home and provide plenty of enjoyment too. Lighting is also an important factor and can go a long way in updating the look inside and outside the home.
Updating your home can be incredibly rewarding. Not only does it increase the overall value of your home, but it also gives you a greater sense of pride in your space. To get the most out of your investment, take some time to review these 10 projects that will truly pay off big time. What will be your home improvement project of choice?