It’s no secret that if you want your home to retain its value, you should invest in it. This may be a bit hard to work your way through because there are many possible home improvements that you can work on. Some of these may not translate into worthwhile results, while others can pay for themselves well. Have a look below to see four of the home upgrades that you can make that are going to be well worth the investment.
1. Getting a New Garage Door
Replacing the garage door is one of the best ways for you to improve the value of your home. This is because it can help improve your home’s curb appeal and make it a lot more attractive. When you get a modern garage door for your home, you can also improve the insulation qualities of your home. This is a sure way for you to make your home more energy-efficient because you can keep the treated air indoors as opposed to losing it to the outdoors. In fact, you stand to save up to 25% on your home’s monthly energy bill if you upgrade your garage door to a modern and more efficient model.
2. Upgrading Your Roof
Another amazing upgrade that’s going to be worth your renovation dollars is a roof upgrade. If you decide to do this, go for a durable roof, such as slate or tile, both of which last for the longest period or up to 50 years. This way, you can keep your roof in a great state for a long time to come. You simply need to find out from the roofing expert who installs your home’s roof what kind of roofing maintenance you need to do. This way, you can be sure that your home will not just be safe from the elements, but it’s also going to look amazing and secure your curb appeal.
3. Improving Your Home’s Energy-Efficiency
You should also think about making your home more energy-efficient, as this is an upgrade that’s going to pay for itself well over time. As mentioned, getting the right roof for your home is one of the ways in which you can improve your home’s energy efficiency. This is something that you stand to benefit from by getting the right roof that will be durable and that will last for a long time. Keep in mind that in a consumer survey, the number one factor used in determining which new roof to buy was durability, at 88%. This was closely followed by longevity at 83%, so keep this in mind when shopping for a new roof for your home. You can also improve energy efficiency by getting energy-efficient windows and sealing any gaps and cracks around your home.
4. Renovating Your Kitchen
The final home improvement that you can make that’s going to be worth the investment is a kitchen remodel. This is because kitchen renovations are one of the projects that are known to have an amazing return on investment. There are also many things that you can upgrade to improve the way the kitchen looks and feels. From the flooring to the cabinets and even the lighting and appliances, there are many different aspects that you can renovate. You can either do a complete job, which will call for some planning, or focus on one element at a time. The second option may be more manageable in terms of finances, but it’s also going to take some more time to get to an end result that you can work with.
5. Landscaping Improvements
Landscaping is often overlooked as an impactful home upgrade, yet it can significantly increase a home’s curb appeal, which is vital when selling your home. By investing in professional landscaping – be it adding mature trees, establishing a well-kept lawn, or including beautiful flower beds – homeowners can often recoup a high percentage of their investment. Not only does landscaping improve the aesthetic appeal of your home, but it also has environmental benefits and can improve the overall quality of life for residents. Good landscaping can also help manage water runoff during rainy periods, potentially saving you from costly water damage.
6. Bathroom Remodel
Investing in a bathroom remodel can provide a substantial return on investment. This can range from simple updates like a new vanity or fixtures to more comprehensive changes like a new shower or tub. Upgraded bathrooms can provide a sense of luxury and comfort to potential buyers, making your home more attractive. Modern, efficient features can also cut down on water use, saving money in the long run.
7. Adding a Deck or Patio
A deck or patio extends the living space of a home and offers an attractive feature for those who enjoy outdoor living. This upgrade can provide a high return on investment, especially in regions with a warm climate where outdoor spaces are used year-round. Ensure the design complements the style of the house and consider using durable, low-maintenance materials for a lasting benefit.
8. Basement Finishing
A finished basement can significantly increase your home’s value and appeal, offering additional living space that can be utilized in a variety of ways – think home office, gym, or guest bedroom. This kind of upgrade offers a high return on investment, particularly in regions where space is at a premium. Insulation and proper moisture control are key elements to a successful basement finishing project.
9. Installing New Windows
Replacing old, leaky windows with energy-efficient ones can significantly reduce your heating and cooling costs, improve your home’s appearance, and increase its resale value. Double-paned windows, for example, can insulate much better than old single-paned windows. New windows also offer a sense of comfort and quiet by blocking out exterior noises.
10. Home Office Addition
With the rise of remote work, a dedicated home office has become a highly sought-after feature. A well-designed home office should offer a comfortable, quiet space for work, with plenty of natural light and storage. Investing in soundproofing can also make the space more appealing, as it allows for a more professional working environment.
11. Upgrading Home Security
Investing in a modern home security system can significantly increase the value of a home. This could include cameras, motion sensors, smart locks, or a full security system connected to a monitoring service. Homebuyers are increasingly looking for homes with built-in security features, as they offer a sense of safety and peace of mind.
12. Adding a Sunroom
A sunroom addition can provide an enjoyable, light-filled space for relaxation and entertaining, all while increasing your home’s value. It allows for year-round enjoyment of the outdoors without being subject to the elements. Be sure to consider energy-efficient windows and proper insulation to make the room comfortable in all seasons.
13. Hardwood Flooring Installation
Hardwood floors are durable, timeless, and sought after by many homebuyers, making this upgrade a great investment. They’re easier to clean than carpets and can be refinished multiple times to remove any signs of wear or damage. Additionally, they can greatly enhance the overall aesthetic appeal of your home.
14. Adding or Upgrading a Fireplace
A fireplace can add a cozy ambiance to your home and potentially increase its value. Gas fireplaces, in particular, are popular because they’re easy to use and maintain. They can also be more energy-efficient than traditional wood-burning fireplaces. If you already have a fireplace, consider upgrading it to improve efficiency or aesthetic appeal.
15. Installing a Smart Home System
Smart home technology is becoming increasingly popular, offering convenience, energy efficiency, and increased security. Systems can include smart thermostats, lighting, appliances, and security features, all of which can be controlled remotely. Not only does this provide everyday benefits for homeowners, but it can also make a home more attractive to tech-savvy buyers.
These are four of the home upgrades that you can work on that are going to be well worth the investment. This holds true whether you intend to sell the house or whether you’ll continue living in it for years to come. Make sure that you hire professionals to ensure that it’s done once and for and for all.
While they provide valuable returns, it’s essential to remember that the specific improvements that will be most beneficial for your home may depend on a variety of factors, including your home’s current condition, your local real estate market, and your personal lifestyle needs.
As a homeowner, it’s crucial to consider not just the potential financial returns but also the potential improvements to your quality of life. A more energy-efficient home or a beautifully renovated kitchen, for instance, can provide daily enjoyment and comfort in addition to increasing your property’s value.
When planning these upgrades, consider seeking the advice of professionals such as real estate agents or home inspectors, who can provide insights into the best ways to increase your home’s value and appeal. Budget carefully and wisely, recognizing that the best upgrades are those that offer a balance of immediate satisfaction and long-term financial return.