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Home Improvement Projects That Provide Great Return On Investment

Whether you are selling your home or planning to move out, you may want to figure out exactly how you can make improvements that would increase the value of your home. Resell value is not the sole purpose of wanting to add value to your home. The total value is also important when you need collateral for a loan or a refinancing. A home is a major investment that can serve you well for years to come. Start treating your home like it is your greatest investment by making improvements to it.

While home improvement projects are a great way to increase a property’s value, it’s important to choose the right project. However, you will need to know which projects will improve the appearance and value of the home the most.

These creative ideas are some of the options you will have when you want to drastically increase the value.


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Add On A Room

There is one project that will instantly increase the value of any home. If so, try building an additional bedroom or bathroom. If two homes are comparable, the addition of a bathroom or bedroom will make one far more appealing than the other. Homes with more rooms accommodate more people, and offer more space, so they are naturally worth more.

Adding the rooms as an extension to your home is a great way to go about adding a room. However, if there isn’t room on the land to add on, taking a large room and converting it into two small rooms is possible too. Even if you can only add a wall, you will still be able to increase your home’s value.

Upgrade Your Kitchen and Bathrooms

The quality of the kitchen or bathroom can be a deal-breaker for a potential homebuyer. The most popular kitchens these days are those that are open plan with stainless steel appliances, new cabinets and granite counter tops. If you want to upgrade your kitchen, it is going to cost you a good amount of money, but it will look so much better, especially if you are selling the home.

Another vital area of the home is the bathroom. Most people shopping for a home look at how much space is available in the bathroom and for specialized plumbing, such as jet powered showers. Having a beautiful bathroom will make your home a more pleasant place to live in. People have to spend a lot of their time in the bathroom.

Update the Heating and Plumbing

This upgrade is not a glamorous one, and it’s not anything to brag about. However, it is something that would help you increase the total amount of money your home is worth while protecting it from leaks and water damage. This is particularly true for older homes that may still have gas heat and pipes that are made of copper. Some locations have actually make copper piping illegal in homes, so the owners can get assistance with a plumbing project.

There are a number of other changes you can make, both major and minor. You can replace your windows or your roof. You can work on your landscaping, or put in new gutters. Nearly all improvements will add some value to your home, but those mentioned here will give you the greatest benefit. Adding rooms, renovating the kitchen or bathrooms, or updating the utilities will add value and enjoyment in a home for years to come.

Best wishes on your home improvement projects, and hopefully they will allow you to make your home even more valuable.

 

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