How to Improve the Value of Your Home

 

 

Everyone wants to improve the look and value of their home without spending a lot of money.  There are some improvement projects which have a great return in value at resale.  Learn which areas to focus on when you would like to realize a good return on your home improvement investment.

Even though paint only covers the surface, it can create the look and feel of a new home with relatively little cost.  With some guidance and practice, you may be able to repaint the interior rooms of your home yourself.  Painting the exterior may be more of a challenge considering old paint may need to be removed.  There is also the issue of safety if your home has more than one level.  Even though the cost is more, the best choice for painting the outside of your home may be to hire a professional.

A kitchen renovation is one of the best ways to improve the value of your home.  If you are thinking of selling, buyers consider a modernized kitchen as one of their requirements.  Depending on the current condition of your kitchen, you may be able to make significant changes by refacing the cabinets, replacing the flooring and counter tops, and updating the appliances.  These basic changes can probably be made by the relatively handy homeowner, but you should hire a professional for any work beyond that.

Modern bathrooms are typically the second most important feature home buyers look for.  Here again, the amount of work needed for your update will depend on the current condition of your bathroom.  You can probably replace the sink base and top yourself, but tile work is tricky and should not be taken on unless you have a professional to work with.

Curb appeal is very important to the appearance of your home, and your backyard provides the outdoor living space everyone desires.  Your landscaping may need to be completely revamped or just have a few basic changes.  If you have an interest in landscaping and a little knowledge, you can probably do it yourself.  Visit garden centers and talk to landscaping experts before drawing out a plan for your new landscape design.  Landscaping work can be quite intensive, so make sure you have enough help, or hire someone to do the work for you.

New windows and doors can make a big difference in the look of your home.  It is also important to have weather efficient windows and doors to reduce the energy costs of having a comfortable home.  Even though replacing some or all of your windows and doors can be costly, the effect is long term and there will be considerable added value to your home.

Square footage is important to the homeowner and the prospective buyer.  Many times, an attic or basement can be converted to usable space without spending very much.  With the walls, floor and ceiling already in place it is only a matter of finishing the interior of the room.  An attic space with finished walls and a carpeted floor creates an extra bedroom for your home, and a finished basement makes a great family room.

Adding value to your home is a good idea whether you are thinking of selling or not.  Use some of all of the ideas in this article to increase the value and equity in your home, and create more security for yourself.