Home Improvement

5 Great Home Renovations That Improve Property Value

Story Highlights
  • 1. Go Green With Solar
  • 2. Add Security
  • 3. Improve the Kitchen
  • 4. Add a Bathroom
  • 5. Create an Outdoor Living Area

Wondering which home improvement projects are right for you?

Home renovations aren’t cheap, which is why you need to get the most bang for your buck no matter what projects you decide to pursue.

Here are five improvement projects that will increase the appearance and function of your home and increase its value:

1. Go Green With Solar

More and more, homeowners are considering environmental impact as they make home improvement decisions.

The best thing you can do for the environment, as well as for your wallet, is to install a solar energy system to power your home.

By harnessing the power of the sun, you reduce your fossil fuel consumption and get closer to eliminating your carbon footprint. Making the switch to solar is a big investment, so make sure to do your research to find the best solar panels for your individual needs.

You’ll be happy to know that switching to solar energy is a smart financial investment, too. Once installed, you’ll enjoy significant savings on your monthly energy bills, since you’re making energy from the cost-free rays of the sun. It’s also a huge selling feature should you ever choose to sell your home.

2. Add Security

Increased security is a top priority for all homeowners, which is why installing a quality security system is a great home improvement option.

Luckily, it’s never been more affordable and simpler to install a security system yourself. Research a variety of smart home technology options and find a system that works for your needs.

More trendy options include a video doorbell, security cameras, and motion-activated alarms that are synced to a smartphone or other mobile device.

You’ll appreciate the safety that a quality system provides, and you’ll add a great selling feature to your home at the same time.

3. Improve the Kitchen

Elevate your everyday life and your home’s bottom line by giving the kitchen a high-quality update.

It’s easy to go over budget with a kitchen renovation so try to stick to the projects that give you a great bang for your buck.

Replace kitchen cabinet doors and hardware to give the space a new look without a complete cabinet replacement. Add stylish lighting for a quick and inexpensive way to enhance the look of the room. Install downlights below cupboards to light up your backsplash and countertops.

Have you ever thought about installing lighting in the toe kicks around islands and cabinets for a contemporary look? One thing to remember for a kitchen renovation is that the budget must be in line with the price of the house.

4. Add a Bathroom

It’s no secret that bathrooms receive a lot of use, and they’re put through a lot of wear and tear. If you’re considering renovating your current bathroom, choose to add an entirely new bathroom instead.

This addition is especially beneficial if you live in an older home, since these homes typically have multiple bedrooms with fewer bathrooms. Consult with plumbing professionals and contractors to get this project done the right way.

5. Create an Outdoor Living Area

A dedicated outdoor living space is a hot commodity that homeowners enjoy and that sellers are looking for. In other words, adding an attractive and comfortable outdoor space makes practical and financial sense.

Invest in a deck or patio if you don’t already have one. Make sure you add some privacy to your outdoor space by installing a quality fence or planting a living wall of hedges or shrubs. As always, do not overspend on this project – if your budget remains below the ceiling price of the neighborhood, you’ll enjoy a significant return on overall investment.

All-in-all, home improvement projects don’t have to be a drain on your bank account – when done the right way, they can significantly improve your home’s bottom line if you’re working to build equity.

By keeping these tips in mind as you select the perfect renovations for your needs, you’ll turn your house into a home while making a sensible investment for the future.

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