Whether you are making improvements to your home to increase its utility and enjoyability or you are trying to make it more sellable, you want to increase its value. Here are six ways to improve the value of your home.
Renovate a Room
One of the best ways to add value to your home is to redo a room. The rooms in your house that are likely to add the most value through a remodel are bathrooms and kitchens. To create the most value, don't do unique renovations, and don't do designs that require moving water and utility rooms.Finish Unfinished Space
Another good way to add value to your home is to finish space that is unfinished. If you have an unfinished attic, turning it into a bedroom could add significant value to your home. Likewise, if you finish unfinished basement space into rec room or bedrooms, it will add to your value. Homebuyers often consider any usable, finished space to be a plus.Do an Addition
Additions can add value to your home if they are done right and add things people look for in a home. For example, adding on to your home to create a master suite can add a lot of value. On the other hand, adding on to increase the size of your living room won't add very much value.New Windows and Doors
Replacing your windows and doors costs a lot of money, but it adds a lot of value. Home buyers love homes with new things that they know they won't have to replace for a long time. New windows and doors from places like Five StarWindows Inc. also improve the look of a home and are easier to operate. The true value in new doors and windows comes from the improved energy efficiency, however. That will save you money and be a selling point when you go to sell your home.Enhance your Curb Appeal
One of the cheapest and easiest ways to add value to your home is to spruce up the outside. Planting some bushes and shrubs can add character to your front lawn. Fixing broken gutters and doing touch-up painting are some other easy ways to add value to your home.Upgrade your Internal Systems
They aren't sexy, but upgrades to your electrical, plumbing and HVAC systems can add a lot of value to your home. Just as with new windows and doors, such improvements will save you money through increased energy efficiency. They also appeal to buyers because of the cost involved. If a buyer knows he or she will be unlikely to face costly repair or replacement of these systems, it could be a huge plus.
When making improvements to your home, you want to keep in mind how they enhance value. You want to improve your enjoyment of your home while also boosting the value. Carefully consider improvements you make to ensure they will do both.