How To Grow Your Home’s Value Using The Best Ideas In Home Improvement
If you’re currently thinking about selling your home, or even if you want to remodel your home slightly, there are many things that you can do that will increase the property value. Sometimes you’ll find improvements to look great, but if they just cost a lot of money but don’t add value then they are hardly worth it. If you consider the advice in this article, you will be able to enhance your enjoyment of your house in addition to raising your property’s resale value.
Your Kitchen Remodel
Since the kitchen, for many, is the true heart of the home, it is often the first area to be remodeled. The investment you make into a kitchen remodel will pay back by as much as eighty percent when you sell your home. As an added bonus, by choosing energy-efficient appliances, upgrading your kitchen can also help slash your monthly energy costs.
It is important, however, to keep the whole home design in mind when remodeling a kitchen, so it complements the rest of the home. For instance, if your house has an overall classic design, improvement ideas for a contemporary kitchen will not fit it. If you are not sure where to begin, you might start with your built-in appliances, a very popular feature in today’s homes. You can hire an interior designer to help you come up with more idea on how to utilize the available space.
Adding A Second Bathroom
Adding another bathroom to your house is an excellent way to increase your home’s value. The addition of a second bathroom could result in recouping up to 100% of the investment.
The first thing you need to do is find a good space that could be used for a second bathroom. Consideration should first be given to rooms that are not in current use, for example a spare bedroom. For those that are fortunate enough to have a second story, putting a bathroom underneath the staircase is one place you can start. You need at least 18 square feet to put in a new bathroom. You need to look carefully to make sure the space you want to use is going to give you the bathroom that you want.
Reinvent a Room
Another approach to increasing your home value is by giving an existing room that is not used very often a new design. Adding extra square foot onto an existing home is one way to add an extra room onto a home. However, this often calls for a permit and much red tape and can be very expensive as well with little likelihood of recouping that money when the house sells. Building an extension is often too risky and costly.
It is more cost effective to reinvent an already existing space. It does not need to cost the earth to make the changes, but it could make a big difference to your home’s value. An example of this is turning an unused basement into a bedroom, or converting a garage into a small self-sufficient apartment. You could even then rent the apartment out. These are excellent ways to increase your home’s value.
One word of caution: Before you start tearing down walls, think about all the different ways the space might be utilized. Versatile improvements will boost the value even more.