When looking to increase their home’s value, people often focus on cosmetic updates. They prioritize things like repainting the walls or replacing countertops with new, shiny ones. While these improvements are nice to have, they’re often not worth the cost or hassle.
Focusing on your strategic home improvement projects can help increase your home value. These areas include the basement, garage, attic, and more. Have a look at the details below to learn more!
1. Replace an Aging Roof
Replacing an aging roof is one of the most strategic home improvement ideas that increase your home’s value. Today’s roofing shingles and materials often last longer, come in appealing designs, and are much easier to maintain. So this can provide a huge boost to the overall value of your home.
Quality roofing products also come with long-term warranties. This can offer financial protection in the event a replacement is necessary in the future.
Replacing an aging roof can also provide energy efficiency enhancements so you can continually save on energy costs. You can even experience better insulation, ventilation, and airflow.
2. Add a Deck or Patio
Decks and patios are attractive features in any space. They give you an outdoor living area to spend time there with family and friends.
A deck, when properly designed and constructed, adds living space to an existing home. It also increases the valuation of the property and gives you a resale value.
Patios offer an accessible, fashionable, and useful outside area and can increase the aesthetic appeal of the home. Patios are inviting, build visual appeal, and can offer additional gathering space.
Both decks and patios are smart investments that can make your home more attractive to potential buyers. It also adds a touch of class and beauty, which can significantly increase the curb appeal of your home.
3. Put in a Swimming Pool
Pools are often sought-after upgrades by potential buyers. They are a luxurious element that creates a great entertainment center in your backyard. So having a pool incorporated into your home’s design can greatly increase its appeal, making it a great asset to any property.
When installing a pool, make sure that the size and shape are appropriate for the yard and that all local regulations are adhered to. Use quality materials and finishes, such as stone, tile, and stonework. Then, create an attractive surrounding environment that complements the pool.
Ensure that you have a properly functional and energy-efficient pool pump. Note that the installation of items like pool covers and automated timers can further reduce energy costs.
4. Go Green With Solar Energy
Solar energy is a renewable and clean source of energy that you can use to power various systems of your home. This includes appliances like your AC system, lights, and water heater.
Installing solar energy systems also reduces your electricity bill and helps the environment. Not to mention that solar energy systems last for many years and may qualify you for certain credits and discounts.
On top of that, solar energy can increase the resale value of your home. To learn how it works and other benefits that you can receive, you can look for more helpful information from here.
5. Convert a Room Into a Home Office
Converting a room into a home office not only increases the functionality of your home but also increases its value significantly. It allows for a productive work and study environment located in the comfort of one’s own home or away from distractions if the situation calls for it.
One great aspect of converting a room into a home office is the ability to customize it with focus-friendly features. You can add natural lighting, organizational features, and built-in technology. You can even do many conversions cheaply and easily to create a cozy workspace.
Regardless of the style you want to go for, you just need the right amount of research, organization, and planning. With these factors, you can turn an unused room into a home office.
6. Open up the Floor Plan
Opening up the floor plan involves tearing down walls to create larger living areas. This allows more natural light to enter and improves the energy efficiency of your home.
When opening up the floor plan, you should focus on creating a sense of spaciousness while maintaining essential elements. To begin, consider removing any internal walls or partitions that block off areas of the home. If possible, think about using sliding doors or folding walls that you can open and close as needed.
To provide a feeling of continuity, choose a paint color that runs throughout the house. Use décor elements to add interest and style. Furniture should be strategically placed to maximize the openness of the space.
Strategically placed rugs will do wonders for defining and defining certain areas of the room. You should also use lighting to create different zones within the floor plan. For example, up-lighting for furniture and task lighting for areas that require greater visibility.
7. Finish Your Basement
Finishing your basement creates additional living space for you and your family, as well as potential rental income. You can do this as simply as possible, like installing the proper systems. Add electricity, an HVAC system, plumbing, and insulation to ensure that the basement space is highly functional.
You can also enhance its value through additional features such as a wet bar, media center, or fitness room. You can customize the basement to make it fit your lifestyle and needs.
8. Convert the Attic Into a Living Area
Converting the attic into a living area is one of the best home improvement projects that can significantly increase a home’s value. Attics have the potential to be inspiring, livable spaces that are truly unique to the rest of the house. You can transform it into an additional bedroom, living space, or even an office.
Depending on the current state of the attic, updating the insulation and wiring are necessary steps. Adding windows, flooring, and drywall further creates a livable and warm atmosphere. Without compromising the charm of the attic, you could also fit in modern amenities like heating and ventilation.
The attic can also be a great spot for extra storage. Plus, you can take advantage of unique styles like exposed beams, skylights, and other details that you can’t find anywhere else. It’s not just a bonus living area, it’s a bonus living area that will instantly add value to any home.
9. Renovate Your Bathroom
One of the strategic home renovation ideas is to renovate your bathroom. Many modern buyers are looking for luxury bathrooms with the latest features. So making the upgrade to maximize a home’s value.
You need to replace old and outdated fixtures. Freshen up the overall look with new tile, flooring, and fresh paint. Then, add storage space like cabinets, drawers, and closets.
After the renovation is complete, you can also enjoy a more personal, relaxing, and functional space – a true win-win! You will be able to enjoy your morning rituals in a better space.
10. Refinish Your Hardwood Floors
Refinishing your hardwood floors is one of the best strategic home renovation projects you can do. It can give your home a refreshed look and improve the overall atmosphere.
Refinishing can help restore them to their original beauty and make them look new again. That is a benefit that many homeowners appreciate because it can help to hide signs of aging, wear, and tear.
It also protects the wood’s surface and helps maintain the aesthetic value of the room. Plus, it adds a finished, highly attractive look that adds warmth and character to the space.
Just make sure that you hire a professional when you are refinishing your hardwood floors. This is because a knowledgeable contractor guarantees a successful result.
11. Upgrade Plumbing and Electrical Systems
Upgrading the plumbing and electrical systems ensures that the systems meet modern standards. This also helps your system function more reliably than before. Replacing obsolete wiring and adding additional outlets can even help improve safety and reduce risks of fire.
Newer, more efficient water lines reduce water waste and cut down on water bills. Improved drainage systems can help prevent water damage and preserve the functionality of fixtures in the long term.
Not only can modernizing your home’s plumbing and electrical systems increase the value of your home, but it can also make it look more up-to-date. It can prevent potential issues or mishaps down the road and even qualify your home for better insurance.
Try These Home Improvement Projects Now
Strategic home improvement projects can be a great way to increase the value of your home. But it’s important to carefully consider projects that provide a meaningful return on your investment. At the end of the day, you need to base the decision on your individual needs.
So don’t delay. Today is the day to get started on improving the value of your home. Contact a professional contractor and get started on the path to a more valuable home!
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