Afraid of dipping your toe into the home improvement pool? There are many things you can do to spiff up the old place without spending a fortune. The kitchen is still considered the heart of the home. For a few hundred dollars, you can replace the kitchen mney set, add new cabinet door handles and update old lighting fixtures with brighter, more energy-efficient ones. If you have a slightly larger budget, you can give the cabinets themselves a makeover. Rather than spring for a whole new cabinet system, which can be expensive, look into refacing the nouse you .
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Does that mean homeowners have found the key to economic prosperity—expensive renovations that pay dividends at resale? Unfortunately not…In fact, the average amount recouped for home remodeling projects is on the decline. Using research from the National Association of Realtors, the NAHB, and out-in-the-field resources like top Atlanta real estate agent Leighann Russell , we put together this list of 19 home remodeling project recommendations so you can make better decisions about where to invest your money. Home buyers appreciate ample space. An open arrangement allows for more natural light, which is always inviting, said Isham. That said, a home still needs structural support and definition between spaces, so consult with a contractor or interior designer before picking up a sledgehammer. Curb appeal is all about making a splash with buyers before they even enter your home. For starters, attractive landscaping implies that the home is well-maintained. Value Report. Buyers will appreciate the energy efficiency, low maintenance, and cold-blocking powers of metal. Try the Carriage House Door Co. Touch up any flaking or chips, or pressure wash the exterior to remove dirt and mold.
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You also can just paint the front door and trim. A front door in a bold color like buttery yellow, powder blue, or forest green makes the entrance pop against a neutral exterior , says ProTect Painters, a painting franchise since Think functional and updated, rather than breathtaking and luxury. New drawer knobs, pulls, and faucets in a matching style give a room a cohesive, modern look, and this small, inexpensive upgrade alone can have a big impact on buyers.
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Do Your Taxes the Right Way. Find a Tax Pro. You want to spruce up your place but need to be wise with your cash. How do you determine which home improvements will maximize the return on your investment? According to a recent Cost vs. Value report from Remodeling. And in some cases, your upgrade may not increase the value of your home , but it will add satisfaction to you and your family while you live in your house. For the last several years, simply replacing your front door with a new steel entry door has had the best return on investment ROI. According to the Cost vs. You can drop a huge chunk of cash on home maintenance projects like replacing your heating and cooling unit, hot water heater or even your septic system. However, one update most homeowners would consider a maintenance project actually falls into a gray area of home improvement: a roof replacement. That makes these improvements especially poor choices for homeowners who are planning to sell their house :. But think twice before you take on any of these projects and remodels solely for the purpose of increasing the sales value of your home. Individual markets place different values on different home improvements.
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With prices for housing surging to new highs this year in many parts of the United States, you may be toying around with monfy idea of selling your home. After all, you could sell for top dollar and pocket the difference, then move somewhere cheaper with a lower cost of living. Or maybe you plan to stay exactly where you are, in the home you know and love. Some improvements can make your house easier on the eyes.
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Whether you want to build equity or sell for top dollar, plenty of home improvement projects are worth considering. The real estate experts we spoke to said the following projects may provide the most bang for your buck. Benjamin Ross, a Realtor in Corpus Christi, Texas, says that homes are valued and priced by the livable square feet they contain, and the more livable square feet, the better. As a result, adding a bathroom, a great room or another needed space to a home can increase function and add value. Adding a separate mother-in-law suite is also a great idea, Ross says. Cleaning and decluttering is inexpensive, but it still requires a lot of makiing. Go through cabinets and closets so you can make a donation pile. A deep clean and subsequent cleanings for upkeep can also make your home more attractive and more livable. And when you go to sell, buyers prefer a clean, pristine home with almost no exceptions.
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