Whether you’re looking to sell your home or just want a place you can call your own, there are many reasons to improve your home. From adding a new bedroom or bathroom to completing repairs, there are plenty of things you can do to help make your home feel like your dream house.
Choosing the Right Renovations to Increase Your Home’s Value
When you decide to invest in a home improvement project, you want to ensure it will pay off in the long run. This means choosing renovations that will boost the value of your home and help it sell faster and for a higher price.
Some projects can actually decrease your home’s value, so you don’t want to waste your money on them. Here are some of the best renovations that will add to your home’s resale value, according to Mischa Fisher, chief economist at Angi, the contractor search site and house renovation site.
Painting: Repainting your home is a cost-effective way to add value, as it can make any room look brand new. Paint can cost as little as $30 a gallon, so it’s a budget-friendly option for homeowners.
Ceilings: Freshly painted ceilings are a great way to spruce up your home, especially if you’re planning to sell. The right paint can make a big difference in your living space, and neutral shades are always popular with potential buyers.
Kitchens: Whether you’re updating your existing kitchen or building a new one, it’s important to consider the layout and functionality of your kitchen when selecting appliances, countertops and other fixtures. This will help ensure the space is functional and easy to maintain.
Exteriors: Siding is a critical part of the overall appearance of your home, so it’s important to choose siding that will stand up to the elements and last for years to come. Replacement siding can be expensive, with prices ranging from $5,400 to $15,500 depending on the materials you choose.
Roofs: Installing a new roof can be expensive, but it’ll protect your home from the elements and reduce your energy costs. Plus, a roof is a great investment if you plan to stay in your home for a while, as it can last decades and provide additional protection from weather damage.
Flooring: Adding new floors is another cost-effective way to upgrade your home’s look and feel. Laminate and vinyl flooring are both popular choices for today’s homes, and can be installed easily without the need for professional contractors.
Windows: If you’re considering replacing your home’s windows, consider replacing them with low-emissivity or high-efficiency models. This will not only improve your home’s appearance, but it can also cut down on energy costs and increase your resale value.
Garages: Adding an extra garage to your home is a great way to add storage space, as well as increase your home’s value. It’s also a great way to increase your curb appeal, as it can make your home more appealing to buyers.