When it comes to home improvements, there are a lot of choices you have. If you are looking to seal your home and that is why you are wanting to increase the value, take the time to look around. This will help you assess what actually needs to be done and what will benefit you the most. Let’s discuss some of the home improvements that will add the most value to your home.
Bathroom Remodel
Are your bathrooms outdated? This is one of the areas of the home that can make or break a sale. People focus on two areas of the home the most when they are house hunting, and one of those areas is the bathroom. Not everyone wants a project to complete as soon as they move into their new home.
You do not have to majorly renovate this space and gut the entire area. Take a look around and see what would add the most value, as in most scenarios, a renovated bathroom can add an average of 55% to the total cost of the project. Make upgrades to areas that look old or run down. You can replace the flooring, add tile to the shower, install a new vanity, or more. There is the option to completely gut it and start over with a brand new space if it is in your budget.
Kitchen Remodel
In many homes now, the kitchen, living room, and dining room are all one large space. This is what is known as an open concept. By having this layout to the floor plan, you are making it more comfortable and inviting when you have people over or when you want to be a part of family time while still cooking dinner.
This also makes this space visible when you walk in the front door of the home. When people are house hunting, they look at the kitchen and the bathrooms as a make-it-or-break-it deal for purchasing the home. It can add value to the purchase of your home and bring in more money for you when you do this before selling. For example, if you spend $70,000 on your kitchen remodel, you could possibly see an increase in the overall cost of your home by $35,000.
Vinyl Window Replacement
If you notice your heating and air bill climbing and you haven’t changed your routine, you may want to consider the fact that your windows need to be replaced. Air can seep out through cracks or other mishaps and cause your system to work harder than necessary. The return on investment of installing vinyl windows in your home is incredible.
If your windows are less than stellar and could use an upgrade, this is a great way to add value to your home. In most cases, you can expect to see a return on investment of upwards of 60%. This is an incredible amount that can benefit you greatly.