6 Best Projects To Increase Your Home's Value
If you are looking to ways to improve your home’s overall appearance, there are lots of projects you can tackle to put your home in a better light. Before you think you have to go for a full overhaul, there are minor home improvement projects that can transform rooms within the home and help to enhance your home’s existing features. Even better, there are 6 projects that will also help you to increase your home’s value. Completing home improvement projects will benefit you regardless of your future home plans — if you are looking to sell your home in the coming years, an increased home’s value will provide you with a better selling advantage, and if just want to update your home’s appearance and plan to stay in your home, you allow yourself a better return on your investment for the future when you plan on refinancing or evaluating your overall financial future plan.
Here are 6 projects to give you the best return on your investment…
1
Exterior Paint & Siding
First impressions are everything, and when looking on where to improve your home’s appearance, it’s always a good idea to start with the outside first. Determining if a home is well-cared for can often be determined just from evaluating a home’s exterior. Consider repainting the home’s exterior with a fresh coat of paint in the same color the home currently is or opt for a new neutral color altogether for a whole new look. And speaking of paint, don’t neglect your front door —while it’s best to keep things conservative with the overall exterior paint choice, you have a bit more liberty when it comes to a front door. A bold color like deep blue door can do wonders to enhance a home and enhance your home’s curb appeal. Sometimes just a good pressure washing for the home’s exterior is all you may need to keep your paint and siding in tip top shape so it’s worth doing every so often.
2
Interior Paint Refresh
One of the most obvious features within your home is your walls. And a fresh coat of paint is one of the easiest ways to update your rooms. It’s also a cost effective DIY job you can tackle, focusing on the main areas within the home as priority. Consider touching up your home’s trim in crisp bright white for an extra boost to the home’s appearance.
Paint color can also help to enhance the existing architectural details within the home, like ceiling beams, crown molding, and additional millwork.
3
Kitchen Refresh
Reviving a dated kitchen can have a profound effect on the overall resale value of a home. It is one of the most important rooms in a house and as such, an up to date overall space is not worth overlooking. Even minor improvements can have a big impact on a kitchen’s aesthetic. Consider updating hardware components such as those on cabinets and drawers, fixture upgrades for the sink, and lighting updates for both overhead and accent lighting. For lack-luster kitchens, consider adding a tile backsplash as a way to create a stylish new look for the space. And if you decide to go a step further and upgrade your appliances for more energy efficient smart tech options, you will reap even more rewards, increasing your home’s resale cost an additional 3-5%.
4
Bathroom Overhaul
You don’t have to commit to a full bathroom remodel to transform a dated bathroom. Minor changes can offer dramatic impact for a bathroom that will also serve you well in your home’s value. If your bathroom hasn’t been updated in some time, you can easily modernize the space with new fixtures — faucets for the sink and shower and updated lighting for the vanity and overhead. If your vanity is not need of a full overhaul, you can give it an easy update by simply swapping out the hardware to coordinate with the other bathroom fixtures. Small changes in the bathroom can have a profound effect on the overall look of the space and don’t require much time or money to do so. If your bathroom vanity is in need of a full overhaul, consider a freestanding option for a more modernized look. And regardless of what look your bathroom is designed in, you can never go wrong with a fresh coat of white paint to brighten up the space.
5
Newer Appliances
If your budget allows for it, consider upgrading your kitchen appliances for better and more efficient versions. As technology evolves, so does the design of appliances, with potential homeowners looking to have a cohesive kitchen look with up to date appliances coordinating with the space. And with the typically long lifespan an average appliance offers, opting for new upgrades now will still serve you if you plan on selling your home a few years from now and provide you with a better return on your investment.
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6
Energy Efficient Upgrades
Home buyers look for many things when looing for a home. But one thing that can easily increase a home’s value is energy efficient upgrades. In a world of smart technology that is ever evolving, creating a smarter home is a great investment for your home. One of the easiest upgrades you can do is converting your thermostat to a smart thermostat system.
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Another way to help improve a home’s energy is to ensure windows and doors are properly sealed. Any drafty areas are not only unpleasant to deal with, but make for more costly electric bills each month. If necessary, you can replace the windows in the home to more efficient storm windows. It can be quite costly to replace all the windows at one time within a house so this is a great gradual project you can do that over time will reward you with a greater home value.
*This post may contain affiliate links, which means Liven Design may earn a small commission from your purchase at no cost to you. This is to help support the blog and does not have any impact on my recommendations.
