When it comes to home improvement, most of us think of aesthetics, comfort, and convenience more than anything else. On the other hand, wise homeowners do not only focus on such factors but how much each project can bring in terms of investment. Since you’re already willing to pay for the renovation, why not make the most of it by taking advantage of the possible increase in resale value that it can bring to your real estate?
Thanks to the rising popularity of the different TV shows, magazines and websites that romanticised the benefits of home improvement, we can safely say that home renovation is now a trend that is spreading like wildfire. An article even mentioned that home upgrades cost Americans more or less $326 billion in 2015. However, not all home renovation projects can recoup your investment.
If you’re keen on renovating your home soon, there are things you should include on your list, as well as projects you can skip when improving your home. Here are some of the things you need to keep in mind if you’re hoping to get the most of out of your home improvement investment this year.
First, Do Create A Budget And Don’t Overspend.
Just because a particular home improvement project can bring up a high Return on Investment doesn’t mean you need to make it happen no matter what. Every house and homeowner has their own needs and works for them may not work for your home.
Thankfully, there are lots of financing options available nowadays that can help you to fund your dream home renovation. Just make sure to think about the pros and cons of each before making your final decision. Make sure to set a budget that is realistic and manageable and not to overspend more than you can afford.
Think About Curb Appeal
Whenever you pass by a neighbourhood, there will be houses that will stand out among the crowd due to their exterior beauty. This is what we call curb appeal. One of the best ways of increasing your home’s resale value is by making an excellent first impression – starting at your home’s exterior. There are lots of home improvement project that can increase your home’s curb appeal, and these are some of them.
Go For A Professional Landscaping Service.
Your yard can instantly boost your home’s appeal, so why DIY your way if there are professionals who can do it for you for a reasonable price? From lawn mowing, retic repair and installation up to professional landscaping, you can surely give your yard a makeover and your home a boost in value.
Replace Your Roof When Necessary.
When it’s time for a roof replacement, don’t hesitate to do the right thing as this can bring up to 71.1% ROI. It is what our home has that helps protect it against natural elements like the sun, rain, wind, etc. It may take time to finish (not to mention a considerable amount of cash), but it will always be worth it with your roof being an essential part of your asset.
Consider Replacing Your Front Door.
The first door that’ll welcome you to your home should be attractive enough to lure your visitors in. With Steel and Fiberglass Entry Doors becoming a huge hit, you can expect at least 80% ROI.
Change Your Garage Doors.
Your garage doors also deserve a makeover, so why not replace it with a new one? This can help improve your curb appeal and increase your home’s value in an instant.
Go For A Kitchen Remodel With Ikea Kitchen Cabinets
A kitchen renovation, even the minor ones can bring a high Return of Investment when done right.
Go For Ikea Kitchen Cabinets
Such cabinets are best known for their price, beauty, quality and availability. Ikea kitchen cabinets are available in different designs ranging from traditional to modern. You can browse for an ikea kitchen catalogue, check for the ikea kitchen cabinets cost and see which ones will fit your taste and budget.
Consider Installing Ikea Cabinet Doors On Existing Kitchen Cabinets
If you still like your shelves but wants net kitchen cabinet doors, you can always opt for new ikea cabinet doors on existing cabinets instead of replacing the whole set.
Still clueless as to which cabinets you want for your next kitchen renovation project? Seek help from an ikea kitchen planner and design your brand new kitchen like a pro. You’ll find tons of excellent ikea kitchen cabinets reviews, giving them an edge over other brands.
Go For A Major Kitchen MakeOver
Got a budget for a major kitchen remodelling project? Go ahead and help yourself by replacing your kitchen appliances. Make sure to go for high-efficient ones and to take advantage of smart technology. Or go all out by replacing your countertops, island or sink.
Recommended Read: How to choose the best energy-efficient household appliances
Fibreglass Your Insulation
Some homeowners take attic insulation for granted. Why even bother insulating your attic when you’ve got your brand new HVAC system installed? The answer is simple – it helps improve your comfort, reduce energy usage and increase cost savings.
Moisture buildup can cause problems that often lead to high energy costs and ineffective cooling and heating of your home. By insulating your attic, you can drastically reduce such expenses and retain energy in your home.
When insulating your home, consider fibreglass attic insulation. This is the greener or in other words, cost-effective and most eco-friendly options available nowadays.
Additions Worth Adding Into Your Home
If you’re thinking about home additions, think of a wooden deck, a family room or a two-story addition. Creating a space where you can spend more quality time with your family is an excellent use of your cash. The same goes a two-story addition. Adding another floor to your single-floor dwelling won’t only increase your space; it can also add value by retaining yard space at the same time.
As for a deck addition, it adds as an extra living space letting you enjoy your outdoor space and increase the value to your home when selling it. Wooden decks are a cost-effective way with an excellent ROI. With the correct maintenance and care, you can enjoy it for an extended period.
Spice Up Your Floors
New floors prove to be the best way to improve your home. However, no one type of flooring can fit all the areas in your house. For example, for your kitchen and bathroom, the top choices would be vinyl and porcelain tile. For the living room, dining room and bedrooms, engineered wood and solid wood are the favourites.
Good Read: The Right Type of Flooring for Every Room in Your
Get End Of Lease Cleaning Services
If you really want to have your property as an investment, whether its a home, apartment or condo for rent, then End of Lease Cleaning comes in handy. We want to make sure that our property is as presentable and clean as possible when we try to upsell it to new potential clients. Keep in mind that having an end of lease cleaning agreement with your tenant can immediately add value to your property for lease since they will know that the property they are renting is well maintained. End of lease cleaning Melbourne services is usually= required when anyone’s bond-period is going to finish.
