Whether you interested in selling your home in the future or would just like to increase the value of your home, there are numerous projects you can take on that will improve the worth of your property. However, there are some projects that will have a greater impact on your home’s value than others, so let’s talk about what you can do to get the most out your home improvement dollars.
Increase the Number of Bathrooms in Your Home
There no doubt that increasing the number of bathrooms in your home can also increase your home’s worthy, particularly if you currently have a one bathroom house. If you have a spare small bedroom or any other small rooms that are underutilized, you have a perfect space for a second or third bathroom. Small bedrooms are often an excellent choice for a beautiful master bath that will attract a lot of attention from potential home buyers.
Upgrade Your Kitchen
Although modernizing your kitchen can be one of the most costly home improvement endeavors, it can also be one of the most lucrative. With a good kitchen remodel you can expect to recoup anywhere from 70% to 125% of your initial investment, which is why kitchen remodeling is one of the fastest ways to grow your home’s worth. If you are planning on selling your home, it’s important to remember that the kitchen is one of the rooms that have the most influence on a buyer’s decision making process and that wowing them at this stage will get you a lot closer to closing.
Add an Outdoor Living Space
Homeowners are just simply adding new decks to their homes these days … their creating a complete outdoor living space that offers the opportunity to really connect with nature. Many homeowners and buyers now want an outdoor space that is inviting, beautiful, and accessible year round. Depending on your budget, you may consider installing a permanent outdoor fireplace that will allow you to enjoy nature even during the coldest months the year.
Some other popular projects that can increase the value of your home include roof repairs, installation of energy saving windows, and other basic home improvements. If you have any suggestions for home remodeling ideas to increase home value, please leave them in the comments!