Renovations that increase property values are beneficial regardless оf whether оr not you intend tо sell your home, be іt as an investment property.

According tо Remodeling magazine and other experts, here are some home improvement projects which could increase its worth and help tо increase property values.

Modernizing doors and windows іs one оf the top investments tо add value and curb appeal tо a home, leaving an impressive first impression for potential buyers while saving energy through improved energy efficiency.

CanadianChoice doors & windows offers a wide range оf stylish and energy-efficient options tо help you enhance your home’s value and curb appeal.

Curb Appeal

As any homeowner knows, curb appeal can have a dramatic effect on the resale value of their home.

While home improvement projects such as home recording studios may not increase resale values due to being too personalized and unsuitable for general buyers’ tastes, projects like exterior painting or yard landscaping projects can improve resale values significantly.

Curb appeal goes beyond having a manicured lawn or attractive front door; it also tells potential buyers that your home has been well-cared for, creating higher perceived values among potential buyers.

Many ways of increasing curb appeal are relatively affordable or free of charge, such as using a power washer to give aluminum, wood or vinyl siding a fresh new look without breaking the bank.

Other projects that enhance your house’s curb appeal could include altering its entry door style for something more eye-catching or installing a full-view storm door so the front door color can shine through.

Energy Efficiency

Home improvement projects can bring both enjoyment and resale value benefits, with specific projects adding the most value depending on your location; however, some general upgrades typically have higher returns than others.

Energy efficiency is one of the best ways to add value to your home, as buyers increasingly seek properties with reduced carbon footprint and utility cost savings. Therefore, investing in upgrades such as an HVAC system, high-grade insulation and professional air sealing is often worthwhile.

Start saving now with ENERGY STAR Home Improvement Savings tool by searching your area for rebates and incentives that make upgrades more cost-effective.

Don’t forget that all ENERGY STAR upgrades are backed by the Environmental Protection Agency’s rigorous testing and certification process – giving you confidence that they’re quality investments (1). Source: ENERGY STAR 2023 The Environmental Protection Agency.

Safety & Comfort

Home buyers want their new homes to feel safe and welcoming. Making upgrades such as removing lead paint, installing smoke detectors and upgrading appliances with energy-saving capabilities helps buyers feel more at ease in their surroundings.

Energy efficiency is another attractive feature to prospective homebuyers. While home improvement projects like adding insulation or upgrading heating systems may incur higher upfront costs, these upgrades could save on energy bills while simultaneously raising home values.

Not all home improvements add value. Many HGTV shows can make it seem as though any renovation will result in immediate returns, but that isn’t always the case.

While certain projects like re-grouting tile, painting, and cleaning up your exterior may create immediate value, others such as adding laundry rooms or shelves provide longer-term value that could help get top dollar when selling your home in the future.

Home Maintenance

Home maintenance is an integral component of being a homeowner. It involves various tasks like cleaning gutters, changing air filters, and addressing small issues before they escalate further. Being diligent about these duties helps ensure that your home looks and functions well while increasing its value.

If you decide to sell your house in the future, a well-maintained home will make an attractive offer to potential buyers and may even qualify to eliminate mortgage insurance premiums altogether.

Home Improvement Projects That Boost Value

Home improvements that increase home value are always worthwhile; however, homeowners must set realistic expectations when embarking on improvement projects.

Most remodeling jobs won’t recoup 100% of their costs and some may even decrease value; thus home improvements should be undertaken for their own comfort and enjoyment rather than profit-seeking purposes; doing this can help avoid costly errors that are hard to recover later.