There are plenty of ways to upgrade your living spaces and boost your property value. Some projects are easier to tackle than others and you may find some jobs more appealing. Here are a few ideas to inspire you to make improvements that add value to your home.
Ways to Add Value to Your Home
If you’re planning to put your property on the market, attention to detail is important because buyers notice the things that set your home apart from other available properties in the area. This means that even minor projects can tremendously boost your property value.
Assess Your Home’s Strengths and Weaknesses
If you’re planning home improvements, a smart first step is to learn about your home’s current condition. The easiest way to do this is by ordering a professional inspection. Some home inspectors offer home maintenance inspections that will give you a full rundown of problems and safety concerns in your home. A home inspection helps you prioritize repairs and improvement projects so you’re spending your money wisely.
If there is damage to the roofing system, even if it’s just a few missing shingles, repairing the roof is a top priority. A defective roofing system is one of the biggest detractors from a home’s appraised value. If the exterior siding has sustained storm damage, start there because this is a deficiency that will certainly be noticed by potential buyers.
Your Home Should Look Attractive and Welcoming
Everyone has a different idea of what a dream home should look like, but there are certain features and embellishments that will improve the home’s appeal to virtually any prospective buyer. Add value to your home by building a deck or patio. These additions make good use of outside space by offering a comfortable area to grill and lounge.
Another improvement that adds value and gives you a substantial return on your investment is repainting the exterior. A fresh coat of paint will spark the interest of prospective buyers by making the home appear well-maintained.
Extensive Home Renovations to Add Value
If you have the means, explore large-scale renovations to boost the property value. One such example is finishing the basement. Transforming this oft-neglected area of the home into a more functional space is highly attractive to potential buyers, making the basement a place where future residents will enjoy spending time.
Whether you plan on putting your house on the market or intend to stay there for several years, these projects will add value to your home and help you better enjoy your property.