Top ways to add value to your home.
Published 12:00 am Saturday, June 28, 2014
- Couple remodeling
Americans will spend billions on home remodeling this year. Adding value to your home can make it your own little retreat worthy of a staycation in Central Oregon.
But all home remodeling projects are not equal. Which projects are the best ones for those looking for a solid return on their investment (and higher profits come selling day)? Here are some top ways to add value to your home.
A Home Office Remodel
Home offices are becoming less of a luxury and more of a necessity, with more people telecommuting. The number of Americans that work from home is in the millions, and that number has continued to grow every year. With many companies cutting costs telecommuting has become a viable solution for many in the working world. Making sure that your home has a state-of-the-art space is a surefire way to increase your home’s value.
Renovate or Add a Family Room/Bonus Room.
With open floor plans becoming more in demand, a family room is an excellent way to make existing homes more like new construction. Remember, it’s a good idea to keep in mind what homes in your area are like. People like to purchase homes that blend with other homes around them.
Replace the Roof.
The roof is one of the first impressions people have of a home. Make sure yours passes the test by replacing an old roof. You also change the character of your home by looking into architecturally styled roofing shingles or tiles.
Landscape Your Yard.
Along the same lines of thinking as the roof, landscaping can give a great – or not so great – first impression. Backyard landscaping can transform ordinary spaces into incredible entertaining areas by including elegant water features and plants.
Replace Old Windows.
Thirty percent of a home’s energy is lost through its windows. Replacing old windows with energy-efficient versions signals to home buyers that you really care about the house and reflects on the quality of the house as a whole. Plus, who doesn’t like to save money on energy bills?
Paint, Paint, Paint.
Enough said. But remember to hire a professional if you need help and keep the colors neutral if you’re looking to sell. Nothing looks worse than a poorly done paint job in an overwhelming color.
Remodel Your Kitchen.
Small changes can result in big value. Upgrading appliances, door handles, and painting tired walls can add new life to your kitchen, and add value to your home. Kitchens sell a home. But a kitchen remodel is a long term investment; you’ll see the payback almost immediately as well as 10 years down the road.
Remodel or Add a Bathroom.
A bathroom remodel can often mean simply making the most of your current space, by upgrading fixtures, flooring and lighting. Have a little more money in the budget? Adding a bathroom is a great way to add value to your home. Is your only bathroom upstairs and not convenient for dinner guests? Often the area under a set of stairs is the perfect place for a powder room.
For more information on adding value to your home visit www.connectiondepot.com to find a licensed professional.