Whether you intend on selling your home or not, many people would rather invest in upgrades and improvements that add value to their home, and perhaps avoid the ones that don’t unless it is a personal preference. Today, we at JMark Inspections would like to share the projects that add value and a few of the ones that don’t.
Consider ordering new doors and face panels from the manufacturer if the appliances do not match. Without the high costs of replacing the appliances, this option gives the kitchen a more cohesive look. If you have old appliances, replacing them with modern, energy efficient models can really boost the resale value of your home.
According to the Cost vs. Value Report, bathroom remodels will recoup 87.7 to 93.5% of your investment. You do not need to go overboard but brighten the room with paint, and re-grout the bathtub and installing new fixtures can add value without completely gutting and remodeling.
Renovating the existing space in your home is far more cost-effective instead of adding to it when you are looking for square footage. Attics can be transformed into bedrooms, workout spaces, family game rooms, or even a home office.
Add a Deck
Adding a deck is well worthwhile and offers a high return on investment. Decks increase the living area but cost less to build per square foot.
Curb Appeal Boost
Being as simple as scrubbing your home’s siding or as intricate as adding a new walkway can really boost the curb appeal. An inexpensive way to instantly improve your home’s appearance is by installing a new front door is a fast. A top-ranking home improvement is replacing the door and even adding a touch of color with a flowerbed or pots of geraniums. A well-kept lawn and designed shrub and vegetation can boost the curb appeal as well.
Energy Efficient Home Improvements
There are many improvements that can be made to your home that adds energy efficiency. Proper insulation, energy efficient windows, proper sealing, weather stripping, light switches and electrical sockets, as mentioned the appliances and fixtures all contribute to make your home far more energy efficient. Having an energy efficient home makes the value a lot higher.
Home Improvements Projects that Do Not Add Value
Where some of these projects is simply because the homeowners desire, others are believed to boost the home’s value. Use your own judgement to decide if these projects are worth the time and money since they might negatively affect the value of your home.
Garage Conversions. Most buyers want garages though the garage space can be ideal to increase the square footage of livable space. This project may hurt the resale as opposed to increase the value.
Luxury Materials. Buyers may not necessarily be motivated to by the marble bathroom. Quality mid-range upgrades are usually more popular than the quality mid-range upgrades. It is better, for reselling purposes, to invest in quality appliances, flooring and upgrades that appeal to the majority of home buyers.
Swimming Pools. Swimming pools could negatively impact your home’s value, though an in-ground swimming pool may seem like the ultimate luxury to you. They are viewed as safety hazards by families with small children. Also, additional energy and maintenance costs are not always worth it for prospective homeowners.
Home Inspections in Pasadena, Pearland, League City, Sugar Land, The Woodlands, Conroe, Friendswood & Greater Houston, Texas
With home inspection services we can help you prepare your home for sale, provide an inspection for general maintenance or even assist you in prioritizing home improvements. Contact us today to schedule your home inspection services.