10+ Tips that Adds Most Value
Making home improvements can be a great way to add value to your home, but not all improvements are created equal. Some home improvements can cost you more money than they add in value. So, if you’re planning on making some improvements to your home, it’s essential to know which ones will give you the most significant return on your investment.
Here are some of the home improvements that add the most value, according to experts:
1. Adding or remodeling a bathroom
One of the essential rooms in your home is the bathroom, so it’s no surprise that improving or adding one can add a lot of value to your property. According to Realtor.com, you can expect to see a return of around 80% on your investment when you add a new bathroom to your home. You could see an even higher return if you’re planning a more extensive remodel.
2. Adding or remodeling a kitchen
Like the bathroom, the kitchen is one of the essential rooms in your home. It’s where you prepare your meals, and it’s often the center of family life, so it’s no surprise that making improvements to this room can add a lot of value to your home. Realtor.com reports that you can expect to see a return of around 70% on your investment when you remodel your kitchen.
3. Adding a deck or patio
If your home doesn’t have an outdoor living space, adding one can be a great way to add value. A deck or patio is the perfect place to entertain guests or relax outdoors, and it can be a great selling point for potential buyers.
4. Finishing a basement
If your home has an unfinished basement, finishing it can be a great way to add value. This is because you’re essentially adding another level to your home, which can increase its square footage and make it more attractive to potential buyers. According to Realtor.com, you can expect to see a return of around 70% on your investment when you finish your basement.
5. Painting the interior or exterior of your home
One of the quickest and easiest ways to add value to your home is by giving it a fresh coat of paint. This is a relatively inexpensive project that can make a big impact, particularly if you’re painting the exterior of your home.
6. Replacing the roof
If your roof needs repair or replacement, it’s essential to take care of this project as soon as possible. A damaged roof can lead to severe problems, such as water damage, so it’s not something you want to ignore. Replacing your roof is also a great way to add value to your home.
7. Installing new windows
Another great way to add value to your home is installing new windows. This project can be expensive, but it’s worth the investment as new windows can make your home more energy-efficient and attractive to potential buyers. Realtor.com reports that you can expect to see a return of around 50% on your investment when you install new windows.
8. Adding insulation
If your home is poorly insulated, adding insulation is excellent to add value. This is because it will make your home more energy-efficient, saving you money on your energy bills and making your home more appealing to potential buyers.
9. Replacing the siding
If your home’s siding is old or damaged, replacing it is great to add value. This project can be expensive, but it’s worth the investment as new siding can make your home more energy-efficient and attractive.
10. Upscale garage door replacement
Your garage door is one of the first things people see when they pull up to your home, so it’s essential to make sure it looks nice. Replacing an old or damaged garage door is a great way to add value to your home.
These are just some home improvements that can add value to your home. When planning any upgrades, it’s essential to consult with a professional to estimate the costs and potential value added. With careful planning and execution, you can make home improvements that add significant value to your home.