A beautiful exterior may provide a superb first impression to potential buyers, but what happens when they step beyond the threshold of the front door? First impressions are important, but you want to make an even better second impression to a potential buyer. A great way to accomplish this is to make a few simple adjustments to your home’s interior and apply a few key improvements to the exterior along the way. After all, who wouldn’t want a nice new bathroom or an amazing state-of-the-art kitchen? Even if you’re not selling right now, it never hurts to increase your home’s property value and enhance your living conditions. We’ve put together a list of five home improvement ideas that can significantly boost your home’s value while providing improved quality of life for you and your family. Check it out below.
Give everything a fresh coat of paint
Whether you’re focusing on the interior or exterior of your house, a fresh coat of paint can drastically increase a home’s value and overall beauty. For the exterior, paint serves a valuable function. It protects the house by keeping mold, mildew, and moisture out of the wood. Fresh paint can also guard against the elements providing an extra layer of protection. Maintaining the exterior paint on the house also prevents the nasty chipping and peeling from detracting from the beauty of your home’s exterior. Adding a fresh coat of paint to several rooms can alter the house’s look in a way that’s easy on the eye and increase potential value. The cost of painting a house is around $2000, and it can add about $4000 of value to the home. That’s at least a 50 to 51% return of investment that’s worth having on your side should you decide to sell the house. If you are just going to live in the home for a while, keeping things painted is crucial to maintaining the place.
Remodel your bathroom
Bathrooms are one of the most commonly used rooms in one’s house. They can also be subject to various wear and tear/damage that may require repairs. When you’re doing your remodel, consider remodeling your bathroom. By replacing fixtures and remodeling the room, you can increase efficiency and prevent mold from damaging the room. Replacements have the benefit of protecting your family while also increasing your home’s resale value. A bathroom remodel allows you to replace outdated fixtures or increase storage space that ideally provides additional benefits over time.
Manufacture a new kitchen
Kitchens are one of the essential rooms in your house. Building a new kitchen offers not only the chance to modernize your appliances/fixtures but provides the ability to increase overall efficiency in your home. A remodel offers the opportunity to eliminate inconveniences and alter awkwardly designed kitchens. A larger kitchen makes it easier to feed your family. A kitchen remodels also offers one of the highest ROI of any remodeling project, regardless of your house’s size. To get started on your kitchen remodel, go online and search for “the highest-rated construction companies near me” to find the right contractor to handle your remodel today.
Further enhance the exterior
There are a few remarkable ways to enhance your home’s exterior. A well-maintained yard, freshly mowed lawn and tasteful ornaments are excellent options. But there are a few things that can genuinely make the outside of your home stand out. These include the following items:
Fresh paint – As mentioned previously, nothing beats a coat of fresh paint. But did you know specific colors increase the value more than others? Warm and neutral colors usually make buyers more comfortable and interested, so it’s time to pull out that beige paint and apply a fresh coat to a few different rooms.
Vinyl siding – Nothing says “sleek” quite like vinyl siding. It’s both functional and good-looking and can pique the interest of potential buyers.
Veneer – Per a 2020 article in Remodeling magazine, adding a stone veneer along with some vinyl siding can increase a home’s curb appeal significantly.
Backyard Garden – Impress your friends and neighbors (and maybe potential buyers) with a tasteful backyard garden. Doing so can increase the appeal of your home and increase its value by about 5%. Xeriscaping and a front yard garden can offer a similar effect.
Do something with the garage or basement
It may be surprising to consider this, but doing something with your garage or basement will increase your home’s value. Here’s a few tips for doing something with your garage or basement:
Replace the door – Nothing Quicker than something that doesn’t look good or work. Replacing a faulty or cleaning a dingy garage door is the simplest way to enhance value with minimal effort.
Create a living space – Try converting your garage or basement into a living area, effectively adding a room to the house while adding value for any potential buyer. Just to be sure, it’s climate-controlled.
Build or expand one – If you already have a garage or basement, why not build or develop an existing one? Most homeowners get about an 80% return of investment on a garage. It’s not just practical; it’s desirable.
Increasing your home’s value is never a bad idea. Don’t forget to use a reputable construction company, plan, and understand what you want to get the most out of your project. By following some of the steps here, you’ll be enjoying the benefits of a remodel at your place in no time. Whether you choose to sell or remain in the home, you can rest comfortably knowing your home has increased in value.