Homeowners sometimes don't consider taking on home improvement tasks to increase their home values until it's time to sell the property. Besides attracting buyers willing to pay the highest price for your home, there are other important reasons to tackle home improvement jobs.
- You're looking to refinance your mortgage on your home.
- You wish to enjoy living in your house more.
- You're trying to build equity in your home for the future.
- You seek to extend the life of your home for future generations.
Whatever your reason for increasing your home's value, you should list all the improvements you could make to the house and property. Look at your budget and go through the costs for each one to determine how much you can reasonably afford to do.
We've gathered a list of home improvement tasks you can go through. Choose the ones that fit your budget and your needs.
Update the Front for Better Curb Appeal
Besides updating your home in other ways, make sure your front yard looks attractive. Stand across the street and look at your house as if you're someone else looking at it for the first time.
Exterior Paint Spruce Up
Exposure to year-round elements can cause chips, cracks, or peeling to exterior wood surfaces. Make your home look fresher and new again with a good power wash and paint job.
Update Doors and Windows
Replacing worn-out doors and windows adds to your home's value, makes it more efficient, and brightens it up.
Increase Your Home's Efficiency
Install energy-efficient appliances, light bulbs, windows, and solar panels. Updating the central air and heating to more efficient models will make your home more liveable and attractive.
Modernize the Bathroom
Give your bathroom a facelift with a fresh coat of paint and install new cabinets, sink, faucet, and showerhead. Replacing old tiles and flooring will go a long way toward making it more attractive.
Give the Interior Walls Attention
Add a new coat of paint to freshen up the look of your home and make it more attractive. Warm neutral colors such as beige, tan, or gray appeal to more people and can help make your rooms look larger.
Remodel the Kitchen
An attractive kitchen is not only appealing to prospective buyers, but it's a joy to experience life in. A kitchen remodel can add significant value to your home. Get advice from an interior designer or real estate professional on what type of kitchen trends buyers prefer.
Finish the Basement
If your home has an unfinished basement, turning it into a finished living space for guests or recreation can greatly increase your home value. Check with your local departments on egress window requirements.
Home renovation projects will help increase your home value, but be careful of overextending your financial abilities. Take stock of your situation and be realistic about how much you can invest.
If you need more funds, talk to your bank about options such as a cash-out refinance or a home equity loan and check with a tax advisor. Sometimes the IRS will allow certain deductions for debts like these if the funds are for home improvement.
Make workplace safety a priority on your home improvement projects by following safe practices and wearing the proper clothing.
Wear work shoes designed for stability, support, and safety during all your home improvement tasks. These shoes are made for ultimate comfort all day long and fashionable good looks to take you from repairing your home to supper at the restaurant with family after.