Top 7 Value-Boosting Home Improvements | Featured

Whether you are tired of looking at the same four walls or you are planning to put your home on the market, you may be thinking about some home improvements.  

However, you need to consider the ROI whenever you make improvements to your property. If you don’t, you could spend a lot of money on changes that ultimately decrease how much your property is worth.

With that in mind, let’s look at some of the best home improvements to boost the value of your home.

  1. Remodel your bathroom

There is only one place to begin, and this is with a bathroom remodel. According to Home Guide, you can expect a 60 to 68 percent return on your investment. 

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To boost the ROI from your bathroom renovation project, make repairs a priority. If there is visible damage to an element of your bathroom, repairing this will significantly impact a possible sale in comparison to prettier light fixtures or new paint color. 

The same can be said for repair projects that address things like cracked tiles, leaks, or mold.

Furthermore, if your bathroom has insufficient ventilation at present, improving this can result in a huge boost to the value of your property.

From an aesthetic standpoint, keeping it traditional and neutral is recommended. Neutral tones and modern lines will appeal to most home buyers, which is why it’s better to go down this route as opposed to bold aesthetic declarations. 

  1. Install energy-efficient features

We’re all well aware of our need to do more for the planet, so you probably won’t be surprised to learn that energy-efficient features can help to boost the value of your property while also adding comfort to your home.

Thermal comfort closely correlates to energy consumption. You can reduce energy consumption by 10 percent if you have more efficient insulation installed. Refitting your property with energy-efficient windows can also reduce your energy consumption by 17.4 percent

Energy efficiency increases the value of your home by saving you money on utility expenses, lowering your carbon footprint, and regulating thermal comfort in your home.

  1. Add fine architectural details

Adding fine architectural details can also enhance the value of your home. These touches make your home look and feel more custom. 

Think millwork in hallways and bathrooms, Venetian plaster on fireplaces or range hoods, and arched doorways or built-ins. 

The idea is to take a builder-grade space and add heaps of charm with timeless accents that will ensure your home has great value not only now but in the future.

  1. Create a laundry room

Clean clothing is something we all need, so creating a dedicated space to do the laundry can add considerable value to your property. 

This often daily task can be ameliorated if you have a shelf for all of your accouterments, a table for folding, a line for hanging delicates, and a sink.

If you have a laundry room that is outfitted with storage and organization, this can have a massive impact on the overall value of your property. 

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  1. Build multi-purpose spaces within your home

Multi-purpose spaces are becoming highly sought after because they give homeowners greater flexibility. 

The pandemic has changed many things, including how we interact with our homes. For many years, open-concept floor plans were popular. However, when we found ourselves needing space for school work, remote work, housework, and entertainment, open spaces proved to be rather frustrating. 

Instead, it would be ideal to find how to carve a niche in your property that can double up as a school room for your child’s online learning or a home office, for instance.

  1. Upgrade your light fixtures

Lighting is one of the simplest yet most effective renovations that will add value to your property. You will be amazed by how strategically placed groups of warm light can make your home user-friendly and inviting.

When choosing light fixtures, consider function and design. Updated styles of exterior and interior light fixtures are readily available from online retailers and big box stores without the need to break the bank.

This can provide the statement piece that a lot of properties otherwise lack, truly transforming your home.

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  1. Make your home more accessible

Last but not least, making your home more accessible is a great way of adding value. 

Property renovations should always be made with universal design principles at the forefront. This means creating a space for people of all physical abilities, sizes, and ages. 

Early in the planning process, take careful inventory of everyone’s tastes, preferences, and capabilities. 

If you create a home that is more accessible, it will be much more welcoming, and it will be easier to market it to a huge audience. 

Some things to consider include adding a door to the side or back of your property, clearing a path to a step-less entrance, changing a main-level tub to a shower, and widening your doorways.

Choose home improvements that add genuine value

So there you have it: an insight into some of the most value-boost home improvements. We hope that this has given you some ideas and inspiration!

When improving our homes, not only do we need to consider what appeals to us aesthetically and will enhance our daily living, but we must ensure we’re getting a good ROI as well!

 

 

 

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