Making changes to your home is a great way to add value. However, many people are unsure which changes and improvements they can make to actually increase the value. As it is, many people make changes to their homes that do not increase the value, which means they will not see a return in the money they invested in the improvement when they sell their home. If you are considering making any major changes to your home to increase the value of your property, you need to know which ones will actually provide you a return in your investment. This will help you decide which remodeling projects are a good investment and which ones are no longer worth the time, money, and effort.
Add Space a Light
Adding square footage to your home is always a good improvement. You will never find a time in which you will not increase the value of your home by increasing the square footage, as long as you do it correctly. Adding space to create a larger kitchen, add more bathrooms, or add additional bedrooms is a great way to increase the value of your property. Additionally, if your home has an awkward layout that makes spaces small and there is little natural light, you should consider knocking down some walls and adding windows and skylights whenever possible. The lighter, brighter, and more open your home is, the more value you add.
Adding a Home Office
In the past, a home office was a nice extra. Today, it’s become more of a necessity than a luxury. More and more Americans are looking for homes with three to four bedrooms in addition to a designated home office space since more Americans are working from home more often. Adding an office is going to show you a large increase in the value of your home. By adding extras such as built in bookcases to the office will add even more value to your home.
You Shouldn’t Judge a Book By Its Cover, But People Do
You might have the most gorgeous house on the planet, but if it doesn’t look it from the outside you are not doing yourself any favors. You will increase the value of your property as much as 10 percent if you simply add a little curb appeal. This can be as simple as pressure washing your home, adding a new coat of paint, adding a driveway, and adding a little landscaping. All in all, it is relatively inexpensive to create a little extra curb appeal, which makes it one of the biggest increases in value to your home. Most homes don’t need much work, which is why you can spend a couple hundred dollars painting your house, adding flowers, mulch, rocks, or sod to your front yard to make it look more appealing from the outside. Spending only a few hundred dollars can net you thousands of dollars in value. However, be careful not to spend too much on extras such as expensive palm trees and landscaping. A few are fine, but some landscaping techniques, such as palm trees, are very expensive, and each one you use does not add individual value to your home. Curb appeal shouldn’t cost too much.
Outdoor living is a huge trend right now, and people are looking for homes with space for outdoor entertaining. This is making the sunroom a huge attraction. People want to feel that they are outside without having to worry about their furniture being exposed to the elements, bugs getting into their food, and without having to spend time in the rain if the weather isn’t perfect. A sunroom is the perfect way to add outdoor living to your home. You can transition from inside living to half inside, half outside living to pure outside living with a sunroom, which is making it one of the most popular rooms in houses these days.