Wednesday, January 15, 2020

How to Increase Home Value: 7 Best Projects

A minor refresh of your kitchen, focusing on outdated or worn-out areas, can save you a lot of money and have the same impact on your home value as a total redesign. Set the atmosphere for your home with some beautiful pops of color, and bright clean sidewalks and driveways. A few hours outside can make massive improvements to your home value, and curb appeal. Outdoor elements get the best of the outdoor features of our homes. Fences typically need some maintenance, especially if it's wooden fences.

It may come as a surprise, but replacing your garage door is one of the best home improvements you can make when it comes to return on investment, recouping on average 97.5% of the costs. So give this all too neglected space some TLC to bring it to its full potential. Enhancing your home can help you improve your enjoyment of it, but did you know that many remodeling projects can actually increase your home’s value too? If you’re planning to sell your home at some point, it makes fiscal sense to invest in a project that will likely add to its value on the real estate market. Even if you intend to stay in your house, it’s important to maintain or improve home value because your plans might change and your house is still a major investment that you should protect. Consider the following home improvement projects that are most likely to increase your home’s value.

Swap out your fixtures in the kitchen and bathrooms

It is a means to protect your retirement fund from market crashes. An exclusive Crash Proof Retirement® System provides you an option... Even if your home looks amazing inside, buyers will probably pass on it if they don’t like the outside. This will give buyers peace of mind that they won’t have to deal with constant problems after they move into your house.

Things like changing the style of your lighting, cleaning up clutter, or just generally making sure everything is in good repair are simple ways to make your home more saleable. Prices range from $150 to $400 or more, plus installation from a trained electrician or HVAC contractor. The cost recouped on updated flooring depends on your house’s price range and its current condition. New faucets, drawer knobs, and pulls in a matching style give a room a modern, cohesive look — an inexpensive upgrade that can have a big impact on buyers because everything feels new.

Best Home Improvement Projects To Increase Home Value:

Follow our exhaustive deep house cleaning checklist to make sure you cover all the bases. It helps the home feel more custom and elevates the finish of the space. If you don’t want to remove the mirror, you can always add a frame to the existing mirror by using pre-made kits. “We usually remove the full-wall, builder-grade mirror from the bathroom wall, refinish the wall, and install a hanging mirror,” says Hill of his own remodel projects.

Whole house renovations can add value to your home, but there are ways to upgrade your home without going into debt or ransacking your savings. Painting, re-grouting tile, and power washing the outside of your home won’t cost a lot of money, but these do-it-yourself home improvement ideas can add real value to your home. But casual window installations aren’t expected to add much value at all. Look for replacements where you can expand windows for more light or greatly improve their insulation.

Home Renovations That Instantly Increase Your Home Value

Eventually, water damage can compromise the house’s structural integrity, leading to costly repair bills. Putting in crown molding is a surprisingly easy task that can add character to your rooms. Buy the molding from a home improvement store, cut it to the size that fits your room , and attach it to the top of the wall with a nail gun. Installing crown molding does involve a bit of woodworking skill as well as the right tools, but it is very inexpensive to do yourself.

best projects to increase home value

Her work has been published by Experian, Credit Karma, Student Loan Hero, and more. Small repairs and maintenance are often needed to show buyers that you’ve taken good care of the home. These small efforts can make a big difference when it comes to how long it takes to sell your home and how much it sells for. And it can streamline the negotiation process since your buyer won’t have to request repairs as a result of their inspection. Sprucing up flooring is another common task, taken on by 24% of sellers. Pools are tons of fun but require a lot of work to keep them up.

Often regarded as one of the best projects to increase your home value, a brand-new kitchen is always among the safest investments to make in your home. On average, you can expect an80-85% return on your investmentwhen you remodel or renovate your kitchen. In fact, you don’t even have to gut the space and renovate everything to reap the value benefits. Think about installing new cabinetry, countertops, and flooring for starters to transform your kitchen’s look. Invite an interior designer or real estate agent over to look at your home. Typically, the standard hourly fee for a designer’s consultation isless than $100, and they can give you plenty of ideas for improvements in an hour.

best projects to increase home value

The curb appeal resulting from a new front door can add as much as $24,000 to a home’s perceived value, according to research commissioned by Therma-Tru Doors. Spring cleaning is upon us, and for many a great time of year to refresh their home. Pinterest boards are full of many home hacks or DIY projects, and these can improve your home value as well! With a few hours and some elbow grease, you can improve the look and value of your home. You can do this on your own, but this is another one that we recommend calling in a professional for safety reasons.

If you’re looking for kitchen remodel experts in Lancaster, PA, we can help. If you want to spend a few hours on your home, why not spend a weekend to increase the value as well? Whether you are looking to sell or improve your home these easy DIY projects are fast and easy. A new door goes a long way and adds tremendous value and style to your home.

best projects to increase home value

Don’tupgrade your kitchenso much that it’s fancier than the rest of your home or the neighborhood. Keep in mind that a garage can also be considered a room of your house, so if you are planning on selling, you’ll want to create an aesthetically appealing space. If you’re looking for layout plans, these ideas for garage plans are a good place to start. An unfinished basement can save money on buying a house but a finished basement instantly adds value to the home. The amount of added useable square footage comes at a lower cost usually than an addition. On the list of upscale remodeling projects, a fiberglass entry door replacement recouped 85 percent of the cost.

Spruce up your curb appeal

If you’re planning to list your home for sale anytime soon, consider consulting with a knowledgeable local real estate agent to find out which projects would make a difference to likely buyers. It might not seem as glamorous as some of the other projects listed here, but new windows can also add to your home’s value. Moreover, a home with old windows could detract from the marketability of your house at sale time. Buyers are well aware that new windows are costly; they may not want to purchase a house that needs this type of update.

best projects to increase home value

If they want to jump into the big things- let them make that call! When investing inenergy-efficient windows, you can expect to recoup around60 to 90%of your costs. And, for this upgrade, you could also receive a 10% energy tax credit if you install Energy Star-rated windows. You could even qualify for additional state or utility company credits.

You may not want to pay for a garage door, but some maintenance may be long overdue! Simply power washing, or a fresh coat of paint to your garage door, is an easy DIY project that adds value. A garage door takes up a large portion of the exterior of your home, and a dingy one can hurt the value of your home.

best projects to increase home value

If you’re worried about the condition of your roof, get a contractor out to poke around and let them know exactly what is going on. They will be able to give you an estimate for what it would cost to get it fixed. A broken or damaged roof is a major turn off for buyers because it could mean an expensive repair bill. Clear the weeds from your lawn, trim the bushes that are growing out of control, and make sure all the leaves are cleaned up. You can even go as far as replacing your front door mat with a brand new one to make a great first impression. No one wants to buy a house that is going to cost them a ton of money in utilities every month.

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