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Home Improvement Ideas That Will Add Value To Your Estate
Even if you aren’t planning to sell your house for at least ten to twenty years, you probably still spend time thinking about ways to add value to your house. There’s more to think about than just the resale value. It is also about having better collateral and obtaining better refinancing options. Our most important investment is our home, and that’s what we’ve always been taught from when we were much younger. It is for that reason that you should take good care of it.
The value of your house can significantly rise simply by investing in home improvement projects. Some renovations yield better results than others.
Below are projects that have withstood time for owners who would like to have a higher value for your there, regardless of their location.
Building More Rooms
Can you quickly add value to your home? Try adding an extra bedroom or a bathroom. Even if two properties have the same location, square footage, and features, the one with more rooms will almost always be worth more. Homes become more valuable as they gain the ability to comfortably accomodate more people.
One of the best ways to add a room is to build an extension onto your home. However, not everyone has the space to build an addition. If this isn’t an option, you can try making one big room into two small ones instead. Having more rooms after a split like this will still make a home worth more.
Remodel the Kitchen or Bathroom
Potential buyers will often want to buy a home right away or not buy it at all upon looking at the kitchen and bathrooms. Most buyers want to invest in a home with a large, airy kitchen with beautiful counters, spacious cabinets, and the most up-to-date appliances. A kitchen remodel can be quite expensive, but the appeal it can add to a home on the market is exponential.
The bathroom is also an important room. There are all kinds of features buyers look for, from claw foot tubs to updated fixtures to storage space. A nice looking bathroom will also make you happier. When it comes down to it, the bathroom is the one place inside your home where you can enjoy the quiet and just relax.
Plumbing and Heating Upgrades
Making heating and plumbing adjustments is not as fun as renovating a bathroom. But, replacing worn heating and plumbing fixtures can dramatically increase a home’s value and prevent costly disasters such as leaking pipes from happening. Renovating plumbing and heating can particularly be very beneficial to old houses that might have worn out pipes. If you have copper pipes, you may be able to receive assistance from the government to remove those pipes and make the necessary changes.
Ideas that could also help would be redoing your gutters, replacing windows, and getting your lawn into better shape. There are all kinds of improvements that can increase your home’s value, but the suggestions listed above will bring you the best results. Whether you decide to add more rooms, renovate your kitchen and bathrooms, or update your heating and plumbing, you’ll see a big increase from your decision.
Best wishes on your home improvement projects, and hopefully they will allow you to make your home even more valuable.