Source: Dnj.com
Alot of people want to take on those home improvement projects around the holidays but how do we decide what to do and which are the projects that are going to actually add value to our homes?
Remodel the Kitchen
Alot of people consider the kitchen the centre of the home and potential buyers will be impressed with a newly remodelled kitchen. It will pay off in the long run.
Add A Bathroom
Bathrooms add value to your home, especially if your home only has one bathroom to begin with. Consider adding a guest bathroom to increase the value of your home.
Reinvent A Room
Adding more space to your abode can be daunting and expensive. To avert this, try reinventing your current space: transform your attic into a bedroom or complete the finishing touches to your basement. The possibilities are endless.
Add Energy-Efficient Windows
Experts believe you can recoup between 60% to 90% of your electricity costs when you invest in energy-efficient windows. Replacing your windows may cost you thousands of dollars depending on the type of windows you have, but rest assured that you will regain a significant chunk of that amount when you use the energy-efficient variety.
Add a Deck
Add a deck and increase the use of your outdoor space. Make your deck more appealing and potential buyers will love it, it makes the entire home feel more appealing.
Use Energy-Efficient Insulation
Energy-inefficient homes have high maintenance costs. If you have plans to sell your property in the future, consider investing in more energy-efficient technology and insulation so you can lure more potential buyers. Adding extra insulation to your attic costs no more than $200—and this investment can save you hundreds of dollars in your energy bill in the long run. Patch up leak-prone areas such as those in your basement to save more money down the track.
Do Regular, Basic Updates
Examples of basic updates which prevent deterioration and add long-term value to your home include fixing leaky roofs, freshening up your paint, replacing plumbing and electrical wiring, and getting rid of moulds.
Try avoiding costly home improvement projects such as high-end gourmet kitchens, whirlpool baths, sunrooms, pricey landscaping, unnecessary room and garage additions, and remodelling projects because they don’t necessarily increase your home’s resale value.
Don’t Forget Your Screens
Screens add value to any Australian home . Make sure your doors and windows are covered with a good quality screen from Freedom Screens range.
Read more at http://www.moneycrashers.com/7-home-improvements-to-increase-its-value/