Home Renovation Projects That Increase The Equity In Your Home
Home renovations are a tricky subject. There are many reasons to renovate, but you also have to consider many things before starting the process. That said, an improvement project is a huge commitment and depending on how you execute them, it can either be worth it or a waste. So if you’re looking to increase your home’s value while making it more comfortable to live in, then below are some proven projects that will do just that.
Updating Your Garage Door
The entrance to your garage is one of the first things people see from the outside. If it rocks an old, rusty-looking door, it can give the impression that your house is worn and outdated. Repairing or replacing it makes a positive difference to curb appeal and value. Some popular replacement options include aluminum, steel, and fiberglass doors. Don’t forget to take measurements beforehand to avoid wasting money and materials.
Siding Investment
Nothing captures someone’s attention more than the exterior of your home. If your siding looks dirty, worn, or ancient, it can be a huge turn-off for potential buyers. However, upgrading your siding doesn’t always have to break the bank. Sometimes, all it needs is a thorough wash or some minor repair using caulk. But if you ultimately want to rock a new exterior? No need to worry about spending too much either. With advancements in construction, you can now use long-lasting yet affordable cladding. Specifically, vinyl siding can last from 10-40 years. That’s almost half of a lifetime! Of course, if you prefer aesthetics, you can always go for brick or wood when you have the money to spare.
Kitchen Remodel
This one never fails to make it on any renovation list. See, the kitchen is the heart of your home. It’s where you spend most of your time with family or friends, so it should be the room that feels the best. Remodeling plans for your kitchen can include changing the sink to marble, purchasing furniture, or updating the cabinets to match the room’s aesthetic. If that’s not within your budget just yet, you can simply paint the walls or add another appliance.
Bathroom Remodel
The bathroom is a section that plays more than just aesthetics. It is a personal space for many, and most people can’t bear to be uncomfortable in the bathroom. That being said, popular trends nowadays include adding tiny succulents to your bathroom, dimly lit ceilings, and tiled bathtubs. It is also crucial that there’s enough room to breathe and perform your personal business in the bath.
Cleaning Up the Basement for Storage
Sweeping your basement clean is an inexpensive way to add value to your home. While the basement might seem insignificant, it gives you extra space to store stuff and reduce clutter. And a clutter-free home looks neater and more appealing, therefore adding value to your home. But if you want to take it up a notch, you can try painting the walls and add some overhead lighting for better visibility. Clear out your entire inventory and get rid of extra stuff either by donating or selling them online.
Add a Patio
Patios are not mandatory, but when you get one, they provide a place for you to have fun with friends and family during the hot summer days. Consider getting one since many affluent home buyers often get attracted to the notion of having a place to hang out and chill.
Add a Fireplace
A fireplace is a no-brainer for those living closer up north. It helps your family survive the harsh winters and offers a place to sit down and relax after a hard day’s work. If traditional fireplaces don’t fit your home’s theme or your budget, consider getting an electric one instead. They may not be the real deal, but they still serve their purpose.
Install a Deck
There’s something about decks that add a certain flair to modern homes. Yes, it might be pricey upfront, but once you’re done building it, you’ll realize how nice it is to have one. You can put chairs and a table to drink your morning coffee, or a hammock to chill in the afternoon, or even host outdoor BBQ parties on your deck. Not only will you have more space to work with. You’ll also be dramatically increasing your house’s chances of a potential resell.
Install Skylights
If you’ve never seen a skylight before, it’s a translucent window on the roof of a house. People seek it out for many reasons, but the main purpose is to have more natural light in a room like an attic. They also help provide extra ventilation, regulate temperature, and offer an egress point for emergencies.
Conclusion
Renovations are excellent additions to your home. On top of improving livability and sustainability, they improve your house’s resell value in the future. That said, you don’t have to change everything at once. Take it step by step on worthy projects you could fund.