Projects That Increase Your Home's Value
November 23 2017
As a homeowner, sometimes the work it takes to keep your house in order seems endless. But what if you knew all your improvements were ultimately increasing the value of your property? Read on for a few tips that can help make your home an even better investment.
Opt for replacing instead of remodeling -- On average, replacing items in your home yields a better return on investment (ROI) than remodeling projects. Rather than completely redesigning the layout of your living room, consider installing new soundproof windows or switching out your front door.
Keep it simple -- Generally, the simpler and cheaper the task, the more likely it is to have a higher ROI. Extravagant jobs such as installing smart appliances in your kitchen or putting in a high-tech security system may not be worth it in the end. Instead, scale back a bit and opt for painting your walls a fresh new color, deep clean your home or add some crown molding.
Don't forget the exterior -- Curb appeal projects also tend to have a bigger impact. Once again, a little goes a long way, so consider a few strategically placed plants, switch out the front door knob or replace outdoor lights.
Follow the rules -- Before you start making any major changes, be sure to check that you're abiding by your homeowners association rules and regulations as well as city codes and ordinances. All counties and cities are different, so the best way to find out if you need a permit is to contact your local office.