Home remodeling and improvements are a great investment because they increase property values and they can help you enjoy life in your own home..
Everything requires MAINTENANCE
Diamonds are forever, although your home within time will deteriorate. Here are some ways you maintain your property, all while increasing value to your home.
1. Update Your Kitchen
If you want to focus your renovations on just one room, the kitchen is definitely a "go-to". According to Consumer report, spending as little as $5k in the kitchen can bring up your property up to 7% back in returns when you sell.
NAR estimates that a kitchen upgrade will cost around $30k - 70k, depending on your taste and labor cost.
2. Modernize Your Bathroom
Bathrooms are also among the most cost effective to upgrade. Here are some ideas:
Remove dated wallpaper and replace it with a modern, neutral coat of paint.
Swap out hardware on drawers, cabinets and closets.
Replace dated light fixtures and fluorescent lighting with LED fixtures and bulbs.
Upgrade faucets and showerheads to WaterSense fixtures
3. Energy Efficient is KING
Most people think of their utility bills as something they can’t change. However, new advancements in energy-efficient home additions can lower costs and be a big draw for buyers.
4. Landscaping Touchup
Add some curb appeal to your landscape and you will be surprised at the overall "renewed effect" your home will give off. The same study by the National Association of REALTORS® says that you can expect a cost recovery of 83% on a landscape upgrade. Using that statistic, you could recoup, on average, $5,000 of your costs when you sell your home. In the meantime, you’ll get to enjoy the beauty of your newly and professionally landscaped environment.