5 Home Improvement Projects That Add Value To Your Home
If you’re considering moving within the next five years and want to increase the potential value of your home, even in a down market, these easy – and not-so-easy – upgrades will give you the most bang for your buck.
Remodeling the kitchen pays off since it’s one of the key features buyers look at when deciding on their future home. Do it right, and you can recoup your investment (according to HGTV). Counter intuitively, doing it “right” means not overdoing it – you still want your kitchen to match your home and not look like someone else’s kitchen landed in your house (no matter how deluxe that kitchen is).
A fresh coat of paint in a neutral color goes a long way towards updating the look of your home and making it possible for potential buyers to see themselves living there. White is always safe, but light shades of beige can also be warm and inviting.
Make all your space useable. If you have a “storage room” – clean it out. If you have an unfinished basement, finish it. Attic? Convert it to a bedroom. While adding on a brand new room is an expensive production, using the space you already have can give you more value for your dollar.
Creating curb appeal with simple landscaping will immediately draw buyers to your home. Invest in fresh sod, mulch, and attractive plants and you’ll have a better chance of standing out on your street.
Repair obvious flaws – like an old, damaged roof! If your roof is visibly missing pieces, sagging, or in disrepair, it’s definitely worth the money to get it fixed. Not only will a bad roof turn off most buyers, but you can save yourself – and the new tenants – the trouble of dealing with the consequences of an old, leaky roof (like water damage, mildew, mold, and rot).