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Top 6 Home Improvement Projects

If you love experimenting with your home’s décor, you will love working on home remodeling projects. Not only do they improve the functionality of your home, but they can also increase your property’s resale value.

But not every home improvement project yields the same results. Some projects can have an adverse effect and might end up lowering your home’s market value. So, how do you know which projects are safe to work on?

We have an easy solution for you! Here is a list of the top six home improvement projects that will boost your home’s resale value:

1.     Kitchen Remodeling

Kitchen remodeling projects generate a high return on investment. You can recoup more than 80% of the cost. However, you don’t need to spend excessive amounts on this home remodeling project. For instance, instead of replacing the entire cabinet hardware, you can reface them. Not only is it a budget-friendly solution, but it also enhances the appearance of your kitchen.

You can even replace old lights and kitchen faucets with new ones if you want to do something extra.

2.     Upgrade Appliances

Upgrading appliances such as air conditioners to more energy-efficient options is a great way to improve your home’s functionality. Plus, it helps boost the resale value as more and more people are now concerned about the environment and energy consumption. If you don’t know which models to get, you can always ask your air conditioning technician for help.

You can also replace the lights throughout your home and kitchen appliances such as the refrigerator with more energy-efficient products.

3.     Bathroom Remodeling

Bathrooms are one of the main things that home buyers look at when purchasing a property. If you make minor improvements to your bathroom, you’re bound to recoup more than 90% of the total investment.

You don’t need to remodel the entire bathroom; instead, you can re-grout the tiles and bathtub and install new light fixtures to transform your old, aging bathroom into a new one. Replacing the bathroom mirror is also a good idea for bathroom renovation.

4.     Attic or Basement Remodeling

If you have extra space in your home in the form of an attic or basement, transform it into a livable space to boost the resale value of your home. You can turn your basement into a family space where you can enjoy family bonding time. A media room or a home theatre would also make a great addition to the basement.

As for the attic, you can transform the extra space into a spare bedroom. When a potential buyer comes over, they would prefer to buy a home that has an extra bedroom in the attic.

5.     Install a New Deck

Adding a deck to your home may sound like a crazy thing to do, but it is worth the effort. You can recoup approximately 122% of the total investment.

Deck installation adds to your home’s livable space, plus it is not as costly as most people think. Moreover, you can get a really high return for the investment, so it is a smart home improvement project.

6.     Improve Home’s Exterior

Your home’s exterior is the first thing that potential buyers see, so the condition of your home from outside creates the first impression. You can make minor improvements to improve your home’s curb appeal.

You should repaint the walls from outside if the paint is crumbling or peeling away, for starters. Another option is to change your front door. If you don’t want to invest in a new door, you can instead repaint the door to a more welcoming colour and change the door handle.

If you have a garden in your backyard or front yard, keep it maintained by mowing the grass and trimming the trees. You can even add flowers to improve the aesthetics of your landscape.

Final Thoughts

When it comes to home remodeling, the one thing that can boost the resale value is integrating energy-efficient solutions. Most homeowners are now trying to reduce their carbon footprint. When you use less energy-intensive appliances at home, buyers prefer to purchase your home at a higher price. Moreover, kitchen and bathroom remodels are great solutions for getting a high return on investment.

Deck installation and transformation of basements and attics also help in boosting resale value. You can also improve your home’s curb appeal to create a tremendous first impression. But beware of the projects that seem appealing; however, they reduce the resale value. Such projects include a swimming pool, garage conversions, and other luxury upgrades. 

 

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