A house is often our largest asset, so why not get the greatest return on it as possible? There are many home improvement ideas that can boost the value of your home. Here are 7 of the most popular:
1. Enhance curb appeal. Add a pop of colour to your front yard with repainting the front door or adding potted plants. And make sure your lawn and landscaping are in pristine condition. An inviting front entrance is appealing to prospective buyers and increases your home’s value.
2. Update the kitchen. Nothing makes an old kitchen look new better than a fresh coat of paint – but if pickier homebuyers want something more, consider updating the counter, replacing the cabinets, or installing new appliances.
3. Open the floor plan. Knock down walls, expand doorways, and remove old door frames to make the entire home appear more spacious.
4. Add outdoor living space. A deck or patio can add extra living area and provide a great spot for entertaining or relaxing in the great outdoors.
5. Install energy-efficient items. Buyers love energy-efficient items like EnergyStar appliances, LED lighting, smart thermostats, and more. Doing so can lower bills and increase the value of your home.
6. Brighten up the bathroom. Add a new lighting fixture, paint the walls, and replace old tile. It will make a big difference in the overall look of the room and the perceived value of the house.
7. Improve the basement. Create extra living space in your basement by finishing it off with a kitchenette, bathroom, and bedroom. Plus, they add significant value to your home.
Adding value to a home goes beyond just making it prettier. Shopping for energy-efficient items and amenities can help you create an inviting and energy-efficient home that buyers will love.
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1. Get creative with shelving. Installing some built-in custom shelving in the library or living room can go a long way toward transforming the look of a room, adding storage space, and adding home value at the same time.
2. Paint everything from the trim to the ceilings. Not only will a fresh coat of paint add a brighter, more inviting hue to the interior of your home, but painting the french doors can disguise their age and bring the room up to a higher standard of luxury.
3. Upgrade the laundry room. Though it may not be the most glamorous room in the home, laundry rooms are often a huge selling point. Prospective buyers want a functional, roomy, well-lit, and inviting place to do their laundry. Upgrade the laundry room with better appliances and organization systems to make it more attractive and valuable.
4. Create a smart home system. The addition of smart technology is becoming increasingly popular with homebuyers. Install a smart home system with security and lighting controls, voice command features, and automated HVAC systems to make your home more attractive and secure.
5. Give your backyard a facelift. Take a look at your current outdoor features and ask yourself how you can update it. If it lacks landscaping or it needs some maintenance, now is the time to get started on the renovations. A well-kept yard adds immense value to a home.
6. Address any plumbing issues. Leaks, poor water pressure, and clogged pipes—these are all plumbing problems that can decrease the value of your home. If you’ve been neglecting any plumbing fixes, now is the time to address them to prevent any long-term issues.
7. Invest in a new garage door. Replacing an old garage door with something more modern and secure can not only increase the value of your home, but it can also make it more energy-efficient. Pay attention to the materials the door is made from, too—steel looks great and can be secured with a secure lock system.
8. Add technology to your home. Technology can make any home smarter, such as adding smart blinds that open and close depending on the time of day, motion-sensitive lights that turn on when someone enters the space, or even security cameras that can be monitored remotely.
9. Install a new roof. A new roof will not only make your home look more inviting, but it will also protect it from the elements. To keep the value of your home high, make sure to install a quality roof that is durable and waterproof.
10. Revamp the front porch. Increase the curb appeal of your home with an inviting front porch. Railings, benches, and outdoor furniture can all add to the look and feel of your home, and freshening up the paint and replacing the stairs can make a huge difference.
11. Update the windows. Old, drafty windows are not only inefficient, but they can also decrease the value of your home. Invest in new windows with energy-efficient features and make sure to caulk and weatherstrip the edges to keep out drafts and leaks.
12. Increase insulation. Add new insulation to the walls and attic spaces to keep the energy consumption of your home lower. Not only will it help keep your home warm in the winter and cool in the summer, but it can also increase the value of your home.
13. Create a home office. Home offices are becoming increasingly popular, and having a well-organized and inviting office space that functions as a work area can add extra value to your home. Invest in a few organizational pieces and comfortable desks and chairs.
14. Facelift the deck. A deck can be a great addition to any home, but a worn-out or rotting deck can make your home look old and dated. Replace the decking boards, add new railings, and stain the wood to make it look like new.