When buying a home, most people look at the cost of the house, the size of the yard, and any special features. However, home buyers rarely think about how much value they’ll get out of making home improvements. Luckily, many affordable DIY projects can give your home more value without breaking the bank. The trick is knowing which projects will return the highest value when you sell your house. Here is a home improvement blog that adds the most value to your house.
Repairs
Anytime you make repairs to your home, you’re improving its value. One of the most cost-effective ways to improve the value of your home is to fix broken items. You can fix cracks in the foundation, replace broken appliances, and repair a leaky roof. These repairs will cost a fraction of what it would cost to fix them entirely. Plus, you can often negotiate a lower price for the repairs with your contractor.
New Windows
Old windows are one of the most common problems in older homes. Replacing them can add a lot of value to your house. New windows will not only improve the energy efficiency of your home, but they’ll also increase the value of your home. Window replacement costs vary, but you can typically get a higher-end window for around $250 per window. That’s not a lot of money considering most appraisers estimate that replacing all your windows could add $200 to $600 to the value of your home.
Interior Renovations
If you’re looking to add some character to your home without breaking the bank, you can easily improve the value by making some interior renovations. One of the best ways to increase the value of your house is to add hardwood floors. Hardwood floors cost between $10 and $15 per square foot. Other options include adding crown moulding, building custom bookshelves, or installing attractive tile in your bathroom. These types of renovations are much more affordable than exterior renovations.
Exterior Improvements
Exterior improvements are some of the most effective ways to increase the value of your home. Exterior improvements can be a bit pricier than interior renovations, but they’ll pay off when you sell your house. Replacing your roof can add thousands of dollars to the value of your house. There are many other exterior improvements you can make, such as adding a deck, planting trees, or adding a fence.
Add a Bedroom or Bathroom
Adding a new bedroom or bathroom will increase the value of your home. Adding a bedroom can add $10,000 to the value of your house while adding a bathroom can add $15,000. Exterior and interior renovations will improve your house as a whole. Adding a bedroom or bathroom will only improve a single room in your house. This makes it a much lower-risk investment.
Conclusion
Home improvements are a great way to increase the value of your home. However, you need to know which projects will return the most value. We recommend replacing old windows, adding hardwood floors, and adding a bedroom or bathroom. Although more expensive, these improvements will give your home a much bigger boost in value when you decide to sell. Thankfully, many affordable DIY projects will give your home a boost in value. Whether you’re making repairs or adding new features, these projects will increase your home’s resale value.
