There are more ways to add value to a home than simply performing routine maintenance. In fact, you can increase your home’s value by making it more unique. This is why homeowners often consider including a home addition or two in their renovation plans. These additions not only make a home more pleasurable to live in, but also make it more desirable when the time comes to sell. However, not all additions will affect your home’s value as much as you’d want. Be sure to familiarize yourself with the home additions that add the most value before you begin your project.
Backyard Deck or Patio
In recent years, outdoor living spaces have become increasingly more desirable to homeowners. As such, consider including plans for a deck or patio if you want to increase your home’s value. These additions might be a bit expensive to start out, but you can regain most of the initial costs if and when you decide to resell. It’s important to note, however, that the amount you’ll gain back is relative to the size of the addition you want to build.
Prospective home buyers highly prize extra bathrooms—because of this, homeowners can see a large return on investment by adding one. The key to this renovation is to make the addition seem natural in the home rather than jutting out from a wall. To do this, consider which spaces of your home go unused. If you happen to have an extra bedroom or an underutilized closet area, you can easily use this space for your addition.
Energy efficiency is a big head-turner for homebuyers because it means they’ll save money on their utility bills. Because of this, they’re often willing to pay a bit more for the initial purchase of a home. As such, paying for professional insulation and siding installation services to install more energy-efficient materials in your home is well worth the price.
Upgraded Entry Door
Adding a strengthened entry door to your home is a great way to upgrade your security along with the home’s exterior appearance. Since home buyers want to know the home they’re considering is safe, this is the perfect way to increase interest. When making this change, be sure the door is made with a stronger material such as steel or wood to ensure the best investment.