Boost Your Home’s Value
There are many reasons why you might want to add value to your home. Maybe you’re planning to sell your house and move somewhere new, or maybe you just want to invest in the future. Check out these home improvement projects that will increase your home’s worth and appeal.
1. Convert an Attic Into a Bedroom
If your house has a sizable attic, convert it into an extra bedroom to add value to your home. Converting your attic can be a big investment, depending on its current state. You may spend thousands of dollars on the remodel, but when you can list your home with an additional bedroom, you’ll recover the costs.
2. Add Value to Your Home With a Basement Remodel
Another way to boost your home’s value is to remodel your basement to create extra space for entertaining guests. Add ambient lighting and a wet bar, which can be as simple as a laminate countertop, to give your basement a pub feel. For a cozy den, mount a TV and fill the space with a couch and some comfortable chairs. You’ve got options, so choose a theme and run with it.
3. Overhaul the Kitchen
A full kitchen remodel isn’t cheap, but it will pay for itself by adding value to your home. The first thing you’ll need to do is replace any outdated appliances, like the refrigerator, stove, and dishwasher. Installing an island will make a kitchen more functional. Even a simple project like adding tile backsplash will make your kitchen more appealing.
4. Bathroom Remodel
An outdated bathroom is a major turn-off for potential buyers. Start by replacing any old faucets, showerheads, and fixtures. If you have a plastic shower surround, upgrading to ceramic or stone tile adds class. Update cabinets and flooring if you have the budget. Though expensive, these updates will draw more buyers to the table.
5. Add Value to Your Home With a New Deck
One final project that will add value to your home is building a deck. This is a relatively inexpensive way to increase the outdoor living space of your home. Homebuyers will offer more for a house with a nice deck where they can see themselves entertaining family and friends.
These five projects are some of the best ways to add value to your home. Keep in mind that the value lies in your home’s condition and visual appeal rather than the size of your home. Sometimes the best way to boost your home’s value is to remodel existing rooms rather than add more space.