Aug 21, 2014

Top Home Improvement Projects for a Return on Investment

Improving the value of a home is one of the most compelling reasons to renovate it. If you are struggling to decide on your next home improvement project, determining your return on investment is a great way to help you break a tie. Those who want to gain a bigger profit when selling a house are always looking for the best ways to maximize their returns from renovations. Here is a guide to the best home improvement projects for adding value to a home.
Make a Break for Space

One of the simplest and most powerful ways to raise the value of a home is to knock down a wall or two inside of it. Buyers these days want open floor plans. Knocking down a wall between the kitchen and dining room in an older home will greatly enhance its interior beauty, and it will pay for itself many times over in the value that will be added to the home’s selling price.

A Front Yard Makeover

There is nothing like boosting a home’s curb appeal to add to its value. Just like books, people and everything else, a home’s worth is often judged by its exterior appearance. You can add a lot of value to your home for a minimum investment if you do some landscaping in the front yard. As important as it is to improve the appearance of the plants, you also must add nice touches like warm lighting, a beautiful stone walkway and a handsome driveway to boost its curb appeal.

HVAC Update

Many people only think about a home’s appearance when they want to renovate it to add value. It is also important to think about the things that lie under the surface. One of the best places to start renovating in this area is the HVAC system. Not only will a modern HVAC system add a lot of value to a home’s worth, it will also give back a huge return on investment in the form of energy savings.

Brighten up the Place

You can increase the amount of natural light in your home in a number of ways, but one of the very best is to add solar tubes. Much less expensive than installing traditional skylights, tubular skylights bring in natural light and moonlight to create wonderful mood lighting in a home at all times.

Do the Little Things

You would be amazed at how much value is added to a home from just taking care of basic maintenance. Weeding a flowerbed, fixing a leaky faucet and insulating the attic are all inexpensive, simple tasks that will raise the value of a house.

The important thing to keep in mind is that some renovations have more value than others. There is sometimes a limit to what homeowners can get done in a fixed amount of time. Concentrating on these home renovation projects that offer a great return on investment is the best way to prioritize them.

Tim Smith writes for Modernize.

No comments:

  © Blogger template 'A Click Apart' by 2008

Back to TOP