5 Ways to Add Value to Your Home

Everyone is happy to purchase a home and as the saying goes, “Home is where the heart is.” We all want that warm feeling when we think of home. But, whether you have just purchased your forever home or bought an investment property, you have to make the home feel warm and welcoming.

The bottom line is your home is an investment.

At some point, you want your home to represent you or time has just gone on and you need to update your home. Of course, if a window is broken, then the homeowner knows they need to repair it. But, it can be difficult to decide what items really need updating to keep your home at present value or to increase value.

What home renovation can you do that will help you increase the value of your home?

1. Conduct routine maintenance

This just means stay on top of regularly maintaining your home. For example, any minor damage that occurs, repair it immediately. This will keep you wanting to come home and allow it to maintain its value. If you ever decide to sell your home, then it will be obvious that the home was maintained well. This will help your home remain safe and marketable.

2. Add energy-efficient windows and insulation

This is a sensible answer and it's quite boring actually. But, the reality is that you will have improved heating and cooling bills. Windows and insulation ensure your home will have a nice, comfortable climate throughout the year. It will minimize you having a drafty house. Also, windows can improve the curb appeal of your home.

3. Update a room or living space

This sounds more like it. This is really what homeowners think of when they think of home renovation. You can slap up a fresh coat of paint, update light switch covers, install modern or historic light fixtures, hang new pictures or mirrors, or lay a new rug.

You can even repurpose a room. You can change an unused bedroom into an office space, makeover an attic to a new artist space, change the basement into the home gym or children’s playroom that you need. This will allow your home to suit your needs, but also serve as spaces for a buyer that may make your house a choice over another home option.

4. Renovate the Kitchen or bathroom

Kitchen renovations are a sure way to increase your home value. You can replace appliances with energy-efficient options. You can opt for bold colors on the wall or kitchen accessories. A nice kitchen makes you want to be there to cook for family or entertain guests. You can add a new backsplash or update old floor tiles. Either way, you can make the kitchen into a space of continued functionality and allow it to represent your personal style.

Bathroom renovations can happen in a couple of ways. For example, it can be as simple as changing the paint color and tile. But, you can add an updated bathroom vanity. You can brighten the bathroom by installing vanity lights and larger mirrors. You can update the bathtub, sink, and toilet. A small change that could give you days of relaxation is a great showerhead. You can also update a bathroom to accommodate health needs. You can install handrails near the toilet or in the shower along with a shower seat. Whatever your family’s needs are, you can make the renovations that will make you most comfortable.

5. Build a deck

A favorite is creating an outdoor living space. It increases the value of your home and increases the visual appeal for you and visitors. This improvement may make you want to relax at home more or entertain in style. You can create a spa-like atmosphere with a fire pit or even an outdoor brick oven/grill. Your outdoor living space can create an ambiance that will draw in buyers, if needed. It is one more option that can be a selling point for your home.

Home renovations are great, but be aware that not all home improvement projects add value to your home, in fact, sometimes they can detract from an asking price when you want to sell. But, here are some sure fire ways to add significant value to your home. Before renovating, take the time and research the various styles and many ways to address your home’s needs. You will be more pleased with your renovation choices because you are informed. These improvements can help make your house into a home that will reflect you.