A question on every homeowner’s mind is how can I increase the value of my home? It’s a process that takes time, but with small improvements here and there, a huge difference can be made.
Here are four home improvements that will increase the value of your home.
Garage Doors
That’s right! Adding a new garage door can increase not only the visual appeal of your home, but depending on the material used the value of the property can increase significantly. In hurricane-prone states like Florida, Texas, Louisiana, Georgia, and the Carolinas; having a hurricane garage door is valuable.
Hurricane garage doors are a must in these states, and with the ability to be resistant against powerful winds, it could potentially save your home. Hurricane garage doors are mostly made of steel and fiberglass. According to the 2023 Cost vs. Value Report by Zonda Media, a leading authority in construction data and analysis, garage door replacement offers an exceptional 102.7 percent return on investment (ROI). With an average cost of around $3,800, homeowners can expect to recoup approximately $3,900 upon resale.
Upgrading your kitchen
One of the first things potential home buyers look at is the kitchen. Having an updated and modern kitchen is essential to increasing the value of your home. When most homeowners think of remodeling their kitchen, they think about how costly it can be. If this concerns you, try to start small and work your way up.
Start by replacing kitchen faucets and replacing old light fixtures with modern and energy-efficient options. You can also paint cabinets a new color rather than replacing them. Aside from that, you can hire a refacing company to freshen the cabinet boxes and replace the cabinet doors, drawers, and hardware. This can save you thousands of dollars.
Small updates over time like these will improve the overall look and value of your kitchen.
Upgrading your appliances
If you have updated your kitchen, but your appliances don’t match the new style consider ordering new doors and face panels from the manufacturer. This can potentially save you money from purchasing new appliances and give the kitchen a more cohesive look.
Upgrading new appliances to your home may increase the value more. By doing this, it can add to the visual appeal of your kitchen. After all, most people spend the most amount of time in their kitchen. So, why not upgrade an area of your home you spend most of your time in? If you are considering upgrading to new appliances, look into energy-efficient models. Not only are these better for the environment, but they could potentially save you tons of money on your electricity bill monthly. Potential home buyers are always looking for ways to save money.
Remodeling Bathroom
Much like the kitchen, bathrooms are another room used frequently in a home.
Updating the style and visual appeal of a bathroom could appeal to prospective home buyers. Some things you could do are paint the walls and cabinets, replace showerheads, faucets, shower rods, and hardware, or change the light fixtures. These are all small updates you can make to your bathroom over time. Little by little you will get the updated modern bathroom you envision.
Will you attempt any of these home improvements?
