No one ever said that home improvement was easy. It can be downright challenging at times. But when it comes to increasing the value of your home, there are a few upgrades you can make that will have a significant impact. Here are eight of the best home upgrades for increasing your property value.
1. Get a New Roof
If your roof is over 20 years old, it might be time for an upgrade. A new roof not only adds to the curb appeal of your home but also protects your property from inclement weather. Replacing an old or damaged roof can increase your home’s value by up to 4%. Select a roofing material that is durable and aesthetically-pleasing to potential buyers. Modernize your house by doing a complete roof replacement. It may be a significant investment upfront, but you will see a return on your investment when you sell.
2. Paint the Interior and Exterior of Your Home
A fresh coat of paint is one of the most budget-friendly ways to increase your home’s value. When painting the exterior of your home, use a light color to make it appear larger. For the interior, use neutral colors to make the space feel more open and inviting. You can do the painting yourself to save money or hire a professional for a high-quality job. Paint jobs often create an appeal that drums up even more buyers. Adding value to your home has never been so easy or affordable.
3. Update Your Kitchen
The kitchen is often one of the most essential rooms in a house, so it’s no surprise that a kitchen remodel can increase your home’s value by up to 12%. If you want a kitchen upgrade, start by replacing old appliances. Then, add new countertops and cabinets. If you have the budget, consider a complete kitchen overhaul with new flooring, lighting, and plumbing fixtures. A kitchen remodels is a big job, so be sure to hire a reputable kitchen remodeling company.
4. Renovate Your Bathrooms
Bathroom renovations can also add a lot of value to your home. If you have an outdated bathroom, consider renovating it to make it more modern and appealing. Start by replacing the fixtures and then move on to the more important items like the bathtub, toilet, and vanity. You may even want to add a new bathroom if your house only has one. Bathrooms are often turning points for buyers, so make sure yours is up to par.
5. Add More Living Space
One way to add value to your home is by adding more living space. If you have an unfinished basement, consider finishing it and adding an extra bedroom or bathroom. You could also build a sunroom or convert your attic into a bedroom or office. Adding more living space is a great way to make your home more livable and increase its value. Make it more natural light by adding extra windows and doors. Windows and doors not only add value but also make your home more energy-efficient.
6. Upgrade Your Flooring
Old, outdated flooring can make your home feel dated and uninviting. If you’re looking to increase your home’s value, consider upgrading your flooring. Start by replacing old carpeting with new carpet or hardwood floors. If you have hardwood floors, you may want to refinish them. Replacing old flooring is a big job, but it’s worth the investment. You will see an immediate difference in the appearance of your home and its value. Wooden floors are always a classic choice that adds value and character to any home.
7. Replace Your Windows
If your windows are old and drafty, it’s time for an upgrade. New windows not only add value to your home but also make it more energy-efficient. Try some aesthetic upgrades like bay windows or French doors to add more character. You could also install energy-efficient windows to help reduce your energy costs. Remember, windows are a big investment, so be sure to get multiple quotes before you decide on a window replacement company.
8. Add Landscaping and Curb Appeal
The first thing buyers see when they pull up to your house is the landscaping. If your yard is unkempt, it will make your whole house look bad. Spend some time and money on your landscaping to make a good first impression. Add some flowers, shrubs, and trees to your yard. You may even want to hire a professional landscaper to design and install your landscaping. A little bit of curb appeal can go a long way in increasing your home’s value.
Investing in your home is a great way to increase its value. These eight home upgrades will make your house more valuable and appealing to buyers. From painting to adding more living space, these upgrades will give you the biggest return on your investment. So, whether you’re looking to sell now or in the future, make sure your house is up to par with these eight home upgrades.