Invest wisely with these top home improvement ideas
Homeowners looking to improve their living space often embark on home improvement projects. While periodical repairs address help address issues like wear and tear, there are some renovations that add value to the house. Understanding these specific renovations will help homeowners, especially if they are planning to sell their property in the future. Here are some practical home improvement tips and hacks that help boost the value of a living space.
HVAC Conversion
This is a great renovation to add to the house. Converting the fossil fuel-burning furnace to an electric heat pump is a great way to ensure these improvements enhance the value of the home space. Also, consider installing new lines and wall units, which will add to this value. There is a lot of talk about eco-friendly and sustainable energy sources in the market, so making the HVAC system energy efficient does not only go with the trend but also serves a larger purpose. So, explore better cooling and heating solutions to keep the home space comfortable and cozy.
Metal Roofing
There are many modern metal roofing options available that add tremendous aesthetic appeal and value to the living space. They are also available in several colors that help match the overall look and feel of the home. Metal shingles are also available, which can help give the whole house a timeless aesthetic and make it seem like the roof is made of traditional material. This type of roof is known for its durability and strong shingles, lasting up to 70 years. In contrast, alternatives like asphalt shingles usually last for just 20 years. Since the roofing remains intact, this also helps achieve better energy efficiency.
Kitchen Remodeling
Adding new appliances not only serves immediate needs but would also help the future occupants of the space. However, it is pertinent to note that this applies to only certain kinds of appliances, not all. When it comes to kitchen remodeling, consider upgrading the flooring to hardwood floors. Doing so would increase the look and feel of the area and add more value to the home. Stylish cabinets and countertops would improve the appeal. Consider adding modern appliances like the dishwasher, ovens, and so on. The design should incorporate all these elements seamlessly, so make sure it looks aesthetically pleasing to the homeowner and a potential buyer in the near future.
Windows Upgrade
No, this is not for your computer. Windows may seem like a small, humble part of the home, but they have a lot of potential when it comes to adding value to the space. Upgrade and invest in triple-pane windows and storm windows to save on energy bills. Statistics suggest that some homeowners enjoy up to 60% return on their investment in good windows. Keep in mind factors like the weather of the region and what kind of options are favorable for the homeowner.
Renovating Basements
Always waterproof the basement. If the house is too big, people hardly pay attention to the basement space, but sprucing up this area will give a good return to the homeowner in the long run. Waterproofing is an absolute must to protect the space against any water leaks and natural disasters like flooding. One can also consider putting up some drywall and laying down flooring to transform the look of the basement from an unattended space to a state-of-the-art living area. The basement, which is usually an unused area, suddenly becomes a new space for the family, and this can help the homeowner increase their asking price.
Manufactured Stone Veneer
Stones are a great choice for design because they add a classy look to the whole house. When selecting materials for the home, think of replacing the vinyl siding with a stone veneer. If not everywhere, one can use this, at least in the entryway, to add some character to the property. Statistics indicate that this stone veneer recoups its cost and, of course, elevates the ambiance of the whole house.
Hardwood Floors
Despite being an expensive type of flooring material, hardwood flooring is one of the popular suggestions by experts. This is because of its low maintenance and long lifespan, making it a great investment option for homeowners. Reports suggest that installing hardwood flooring can help recover 118% of the project cost, so don’t be too disappointed seeing the expense.
Entry Door Upgrade
While this is a part of the exterior space, it still adds value to the house. New materials in the market are replacing the old ones, offering advantages like energy efficiency. They are known to fit well in the door frames and reduce drafts, which could help save on cooling or heating bills. While a steel door may not be appealing to many people, there are a variety of options available in the market that give a stylish finish to the door. They are not fully steel but just have a steel skin with a polyurethane foam insulation core.
By using these home improvement options, property owners can improve their living space and increase its resale value. Investing in these renovations makes a home more appealing and valuable when the homeowner plans to sell it.