Sometimes you don’t see a house as your home, but as a means to make some profit further down the line. Like any other investments, you can make a couple of changes to raise its value.
Here are some additions and adjustments to the house, which will increase the value of your home!
Replace the Roof
How many times have you heard someone refer to a house as a roof over their head? We pick that up so often because it’s true. A house is, in its essence, a roof over our heads plus extras. The house value drops if you neglect its essential part.
Cracks and holes are not the only reasons to replace this part of your house. Today we have the privilege to look for energy-efficient roofs and those which make our homes cooler or warmer. Establishments such as the Dominion Roofing Company can help you choose which cover above your head suits you the best.
Remodel the Kitchen
The most common mistake homeowners make is the installation of a Deluxe Kitchen. Such an addition to your house might be eye-catching, but it often drags down the overall value of your home. They are often too big for the house, and sometimes you can feel this “upgrade” is out of place.
Despite the trap that is a Deluxe Kitchen, this part of the house can have a positive influence on the value of the house. Apply some new paint and replace old appliances with contemporary energy-efficient ones, and observe how the worth of your home skyrockets.
Add a Deck
This one became popular only recently. As more and more people prefer to stay home for their vacations, a deck and a backyard make a house more appealing.
Adding a deck has no fixed price. Depending on the materials, decoration, and size, your deck can cost you anywhere between $1,000 to $30,000. If you have the specific tools and skills, you can build it by yourself.
Add a Bathroom
A bathroom addition is another way to skyrocket the value of your house. The reasons are pretty obvious! Everybody must use this room at least a couple of times per day. The ideal situation, for every household, would be a 1:1 person: toilet ratio.
You can make a bathroom out of any room or unused space in the house. You’ll need about 35 square feet for a bathtub. Full-baths and half-baths require much less space. When selling a home, you will recoup between 90% and 120% of the investment for this upgrade.
Not all home improvements are big scale projects such as replacing the roof or building a deck. Small things can make the house much more valuable over the years. Little things, like painting the entrance door and replacing worn-out items, prevent your home from losing anything from its value and original shine.
To Sum it All Up
Most projects that will increase the value of your home are time-consuming and costly. Those include adding new bathrooms and replacing the roof are big projects and should not be taken on lightly. Little additions, such as regularly painting the door, will maintain a high price. A desirable house can attain a very profitable price!