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Top Home Improvements Ideas To Enhance The Value Of Your House

Home improvements can increase your property value, but it is important to choose projects that make sense based on your current housing situation. 

Keeping House Clean

Here are 10 home improvements ideas to help you assess what would provide the most benefit for you financially and to meet your needs as a homeowner.

 

New Roof

Replacing your roof is one of the best home improvements you can undertake, which will have a significant impact on your house value. If you are considering selling your home within five years or so, investing in full roofing services from MasterPro could be the difference between an adequate return and exceptional ROI. The National Association of Realtors reported that in 2013, a new roof added around $9,272 to the price of a home. A new roof will run you $6 per square foot on average and can add up to 18% to your sale price.

Siding Replacement

One of the most noticeable exterior features of a home, siding plays a huge role in your home’s overall curb appeal. If your siding is outdated or in poor condition, it could be lowering the value of your home. 

Replacing your siding is an affordable way to give your home a fresh new look and increase its value by 10%. If you are planning to sell your home in the next few years, this is a great investment.

Installing A New Floor

If your home’s floors are looking dated or worn out, installing a new floor is a great way to give it a fresh new look. There are many different types of flooring materials to choose from, so you can find one that matches your style and home decor. This is also a great option if you want to make sure your floors last for many years.

New Windows 

The cost of installing windows varies widely depending on the material and quality level you choose. Energy-efficient windows with double-pane glass, for example, typically cost between $300 and $700 per window. 

You can expect to pay at least an extra 2% on your home’s sale price if you install new windows throughout the entire house.

Energy Efficient Appliances 

Replacing your appliances will save you a lot of money in the long run on your energy bills. You can expect to recoup about 50% of the cost of a new appliance in increased home value within 10 years. If you are on a tight budget, consider replacing appliances one at a time. 

While it may take longer to see the full effect of your investment, it is still helpful to the environment and will save you money over the long run.

Low-Flow Plumbing 

If you are looking for an inexpensive way to upgrade your home, you can’t go wrong with new plumbing fixtures. Low-flow toilets and faucets, for example, will not only save you money on your water bill, but they also reduce the amount of fixture wear and tear over time, which will translate to a lower maintenance bill. Quality plumbers in Toronto would be able to install these systems for your home.

 

Bathroom/Kitchen Remodel 

These two rooms are among the most important when it comes to home resale value. A well-done kitchen remodel can add as much as $40,000 to your home’s value, while a bathroom remodel will give you a return on investment of about 67% on average, according to Remodeling Magazine’s 2016 Cost vs. Value report.

Landscaping

A well-landscaped yard can add an extra 10% or more to the value of your home. Inexpensive improvements such as adding new plants, flowers, and trees can go a long way in increasing the appeal of your property. 

If you don’t have much time to spend on landscaping, consider hiring a professional to help complete your home’s exterior.

Painting The Interior Of Your Home

When it comes to home improvement, painting the interior of your home is one of the simplest and most affordable things you can do to give it a fresh new look. 

Not only will it make your home look newer, but it can also help to increase its value. If you’re looking for a way to make your home stand out from the competition, consider painting the interior in a bold or unique color.

Installing New Insulation

If your home doesn’t have good insulation, installing new insulation is a great way to improve its energy efficiency. Not only will this help you save money on your energy bills, but it can also help to increase the value of your home. Installing new insulation is a relatively simple process, and it can be done by most homeowners.

Whether you are considering selling soon or plan on staying in your home for the long haul, these home improvement ideas can help boost your property value and create more space or comfort within your house. From top to bottom, inside and out, these projects will increase the desirability of any home.

 

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