There are many ways you can add value to your home. Some projects will be more expensive than others, but they all have their place when it comes to improving your property. This article looks at five projects and offers great tips for boosting property value.
Remodel Your Kitchen
Updating the kitchen is worth the cost and effort. Modern kitchens are among the aspects homebuyers most desire. Start with simple updates, like upgrading the kitchen faucet, installing new cabinet hardware, and replacing outdated light fixtures with more energy-efficient ones.
Paint the cabinets a new color instead of replacing them to save money on your remodel. Many companies will resurface the cabinets, improving the appearance of your kitchen at a fraction of the cost of new cabinets.
Add Value to Your Home by Enhancing Energy Efficiency
A home inspector will notice if your property isn’t well-insulated or has drafty doors and windows. Poor insulation contributes to energy loss, which translates to extra costs for the homeowner. Small improvements, such as adding more insulation to your attic, are inexpensive and effective. To prevent energy loss, seal gaps around doors and windows, as well as around light switches and electrical outlets.
Single-pane windows are not appealing to potential buyers. Windows with an Energy Star rating will help keep the home comfortable and reduce energy bills. In some areas, a green energy tax credit is available for upgrading with Energy Star products.
Revamp the Exterior
First impressions have a significant impact on a home’s value. Landscape improvements and other exterior enhancements boost property value and attract potential buyers.
Hire a professional lawn service to mow the grass, clean up your lawn, and trim the hedges. Your home’s curb appeal will improve without breaking the bank.
Other ways to quickly and easily improve curb appeal include: painting the front door, updating the entryway furniture, and adding a new welcome mat. This sends a message that your home is up-to-date and carefully maintained.
Remodel the Attic or Basement
The attic and basement are versatile rooms that are often neglected in a home. Either area can be converted into a useful living space. You might create a home gym, office, family room, extra bedroom, or a well-organized storage space. This renovation adds square footage for your family to enjoy.
Add Value to Your Home by Updating the Flooring
If your hardwood flooring is showing wear, refinish the floors. If the materials are worn out or outdated, install new flooring. Cleaning the carpet makes a tremendous difference to the appearance of a home, and hiring a cleaning service is well worth the cost. However, there is no cleaning product that can extend the life of a carpet, so if you have older carpeting, replace it to add value to your home.