Did you know that 89% of homeowners made a home improvement to their property during the last couple of years? Not only can this make a home more comfortable, but house upgrades can also add value. Whether it’s a DIY or professional job, most yield a good return on investment.
Are you looking to improve the value of your property? If you’ve been wondering which projects to do, now is the perfect time to learn. Discover these top five home upgrades that will boost the market value of your home.
1. Window Replacement
One of the best things to do when upgrading a home is to get new windows. New windows can improve the efficiency of a home, so you will see a return on your investment instantly. It’s because windows are responsible for air loss, with 25-30% of heating and cooling energy use dedicated to that.
2. Kitchen Renovation
While kitchen renovations are often a significant investment, they can really increase your home’s value. Consider investing in new appliances, or swapping out old cabinets for new ones. You could also do a complete floor-to-ceiling renovation to really modernize the look of your kitchen.
3. Garage Door
It’s no secret that old, rusty garage doors can really be an eyesore. A brand new garage door can not only improve the overall look of your home, but it can offer improved function, too. Choose one made of durable materials that will have a long lifespan.
4. Solar Panels
With fuel prices on the rise, more and more homeowners are looking for alternative energy sources for their homes. With that in mind, it’s no surprise solar panels are a popular home upgrade. The cost of solar panels is not as high as you think, and many states offer rebates and incentives to install a solar panel system.
5. New Roof
One of the first things potential homebuyers look for when purchasing a house is the roof. If yours is starting to show its age, you might want to consider a new roof. Not only will it give your house an updated look, but it will also help protect your home from the elements.
Bonus Exterior Home Upgrades
If you don’t have a lot of cash to do renovations, there are still budget-friendly options you can do on the exterior of your home. A fresh coat of paint outside can improve curb appeal. Or add some lush landscaping and a fire pit, or build a deck and enjoy the benefits of spending more time outdoors this season.
Add Value To Your Home
Now that you’ve learned about the top five home upgrades, you can decide which is suitable for your property. Make a budget and find out what project you can afford. Remember, even minor projects can improve property value!
Did you enjoy reading about these home tips? Want to explore similar topics? Then check out the Home Life section on this site for more great content!