Home improvement is one of the most exciting parts of home ownership. The ability to improve the value of your property and make it more comfortable can be a great feeling. However, if you don’t choose your improvements wisely, they could yield no meaningful return on investment. That’s why we’ve put together this list of five home improvement ideas that increase the value of homes in any neighborhood.
Upgrade Your Kitchen
Many people view the kitchen as an essential part of their homes. Updating the kitchen is one of the easiest ways of adding the most value to your home, especially if you’re planning on selling it. The first step is to apply a fresh coat of paint. If possible, adopt a color that’s popular; a gradient style is also elegant. You could also opt for a cool and neutral color scheme like all-white.
The next step is to refurbish or replace cabinets, countertops, sinks, and other crucial elements in your kitchen. Kitchen updates can be as simple as installing a kitchen island or even a natural stone sink. You may also need to replace your old appliances with energy-efficient new models – options are just endless!
Add a Deck or Patio
Adding a deck or patio is an easy way to add value to your home. It’s also an investment that can last for years, so it’s important to choose the location and materials carefully.
- Location: Look for the best spot for your deck or patio — a deck is a highly private area, so consider having it in the backyard or any other private outdoor spot.A patio can sit at the side or back of the house and should be close enough to allow you to step out of the house onto it.
- Materials: Wood decks are popular because they’re typically cost-effective and easy on the eyes, but concrete ones are more durable and resistant to weather extremes. Your choice will depend on factors like cost, durability, maintenance needed, and personal taste.
Landscape Your Home
Landscaping is not just a good way to add value and curb appeal. It can also be a great way to reduce your carbon footprint and save money on your utility bills by shading the air conditioner.
If you’re considering landscaping your home, there are different plants that will help improve the look of your home. For example:
- Ivy is an evergreen plant that thrives in shady areas and makes a beautiful ground cover for decks or patios. It also grows quickly and is therefore a great option if you want to boost the value of your home quickly.
- Native plants are those native to specific regions; they might not bloom every year but they’ll come back when conditions are right again. These types of plants require less maintenance than exotic ones do, which means less work for you in the long run.
Enhance the Basement
The basement is a great place to add value to your home. It’s a versatile space you can use for many things, from entertaining guests and storing furniture to playing games and listening to music. If you don’t already use your basement as an entertainment center, here are some ideas for how you could turn it into one:
- Add a bathroom — This will give guests more privacy when they come over and save them from walking upstairs. A basement bathroom is also a good idea if you don’t want people to use the master bath.
- Add a bar — You can buy or build one yourself using wood and simple tools like hand saws, drills, and hammers.
- Add media rooms—If you or your kids love watching movies, enhance the experience by mounting a huge TV screen in an unusual place like the basement.
Boost the Exterior
Ensure your home’s exterior looks good. Avoid adding colors that clash with each other or the neighborhood. For example, don’t paint your house blue if your immediate neighbor has painted it orange. If you have a front porch that you’ve neglected for years, consider sprucing it up by using new trim and paint. The same goes for an overgrown lawn; give it a fresh look with some colorful flowers or ornamental plants.
While these improvements may seem like a lot of work, they are definitely worth it. If you’re looking to increase the value of your home without breaking the bank, consider adding some of these ideas to your project list. Good luck!