There comes a time with every house when you realize it could do with a bit of an upgrade. Perhaps you don’t have enough space, or it isn’t convenient enough now that the kids are growing up. At the same time, you don’t want to spend money on your home without having any chance of getting it back when you sell. So, what are the things that you can do that will actually add value to your home? This is a constant subject in our house. My husband and I have spoke many times on some things we can do to increase our home's value. We already refinished our wood floors and have began upgrading lighting and things of that nature but there is still so much more we could do.
Queuing up to get into the bathroom in the morning has to be one of the most frustrating experiences known to humankind. If you have a large house but not enough bathrooms, then adding a new one can make all the difference. This doesn’t necessarily have to be too expensive – for instance, you can convert a walk-in closet in your bedroom into an en suite bathroom without having to do major construction. You will need to get a good plumber to bring in the water supply and drainage, but you can do a lot of the rest of the work yourself.
If you are short on space, you could look at putting an extension on your house. However, before you embark on major construction, consider remodeling your basement. This can add lots of space and lots of value to your home, particularly if your basement is currently unfinished. Wow Basements remodeling can turn a dark, unusable space into a brand-new family room or game room. You could even think about putting a home office in your basement – or that gym you always wanted.
They say first impressions count, and this is certainly the case when it comes to your house. No matter how nice it is inside, if the entrance looks shabby or out of date, people will assume your entire home is in the same state.Putting in a new front door can add significant value because of this, and the chances are your neighbors will thank you as well. If you want to go a bit further, think about putting in a surround or columns to frame your new door, giving your house an entrance that is truly impressive.
With prices rising all the time, anything you can do to reduce the cost of energy in your home is worth considering. However, while hidden upgrades such as overhauling your heating system may save money, they often don’t add a great deal of value to your home. On the other hand, if you invest in a solar energy system, this is much more likely to increase your home’s resale price. In addition, you will qualify for a federal tax credit if you install certain types of solar energy system, and there may also be local and state incentives.
Finally, if you enjoy being outside, why not add a deck to the back of your house? You will be able to sit out there with friends on warm evenings, and fire up the barbecue on the weekend. You’ll also add $7000 to $10,000 to the value of your property.