Choosing what renovations you should carry out on your home can be a difficult task. Homeowners often want something that not only makes their house more livable, but that will provide value if the house is sold later on.
Today we are going to look at six of the top home improvements that can make your home more comfortable, while also raising the potential market value of your home.
Exterior renovations and interior cosmetics receive the most publicity when it comes to home remodeling, but they don’t actually provide the most value or marketability. Improvements like centralized air conditioning and heating will not only make your home more comfortable now, but they will appeal to future home owners more than any other feature.
Outdoor remodeling might include upgrading siding, guttering, or even the roofing on your home. These projects can net the best returns and they are also the most effective home improvements for increasing curbside appeal.
Space improvements are ones where you take an existing space and turn it in to valuable living area. This could include things like converting the attic in to bedrooms, or remodeling your basement to create an additional living room.
Add a Bathroom
If you’re in an older house with just a single bathroom, consider adding one for convenience. This will not only make your home more livable now but it will increase the appeal if you ever choose to sell. Modern homes often have at least two bathrooms, so adding a new one to your home can increase its market appeal.
Kitchen remodeling can be expensive but it definitely makes for a more enjoyable home. A kitchen is also usually the first area of a home to start looking dated. A fresh coat of paint can make a major difference, but if you have the budget consider replacing cabinets and countertops to create a more contemporary décor.
These are the type of home improvements that add more value to the homeowner in the meantime but can also be used as features when selling. Installing an alarm system, water purification, or even upgrading the white ware in the kitchen are all great ideas for home improvements.
The biggest thing to remember when you’re improving with the aim of a sale (either immediately or within the next five years) is to spend according to your market value. Sticking with items and renovations that improve both the livability and durability of your home is the best strategy when you’re thinking of selling.