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Home improvement isn’t just something to do to change things up around the house. It’s an investment that can have a marked impact on the value of your home. The possibilities are innumerable, but what improvements will yield the greatest value? Here are some of the top-ranking home improvements driving the selling market today.
Growing Prosperous Through Paint
One of the easiest and least expensive ways to increase your home’s appeal, a well placed paint job can improve the visual allure of your home’s interior. While painting may not have a remarkable effect on the overall value of your home, it can have a significant impact on the likelihood of your home selling at your desired price.
Cookin’ Kitchens
If you’re considering remodeling or redesigning your kitchen, you’re thinking like a pro. A well designed, spacious kitchen is worth its weight in gold. Not only does it benefit those that live in the home, but generates some of the highest recuperation of remodeling expenses, as well as generating a 5-10% increase in the value of your home. A kitchen equipped with modern appliances, nice counter tops, and new cabinetry will certainly be an investment to pursue if you are considering remodeling or renovating your home.
Bathrooms Equal Bank
Bathrooms are another big player when it comes to home improvements. If you’ve watched any home improvement shows over the last couple of years you’ve no doubt seen many people turning a plain old bathroom into an elegant piece of tiled artwork; and for good cause. Bathrooms are a major consideration when purchasing a home. Adding a bathroom can also be a boon to those wanting to increase the value of their home, often yielding in a 5-10% jump. One word of caution before you start knocking down those walls, however. Replacing a bedroom with a bathroom is a definite faux pas, and can really drive down value.
Windows are a win
Aside from their obvious aesthetic qualities, windows add more perceived space to a home. A house that feels more spacious will sell as if it were more spacious. Windows are fairly inexpensive to install, and their overall impact on your home’s value can be quite noticeable.
Hit the Deck
Think of a deck as a way to increase your overall square footage without all of the costs and hassle associated with adding a new room to your home. More living area is an automatic increase in a home’s overall value. As a general rule of thumb, if you’re going to be adding a deck to your home, the square footage of the deck should never be more than one-third of the interior square footage.
Source: Jason Preece with Re/Max
Routine home maintenance is also a necessity for your home. Just like changing the oil and regular tune-ups, your investment needs these more than you think. We all seem to put things off until they fall off. Ask about our “Home Maintenance Program” and how we can help preserve and maintain your largest investment, with quarterly visits you can select from multiple menu items to customize your plan. Scheduled and routine maintenance to your home will also help the resale and help to minimize those costly repairs when it is too late. Jimmy McKinney
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