Most people live in a home that could use at least a few updates, unless their home is brand new. There are several specific areas of improvement that not only make your home more livable, but also significantly increase its value. This article outlines some of the updates that are sure to increase your home's value.
A kitchen is said to be the heart of the home, and a lot of time is spent there preparing and serving meals. If the kitchen in your home feels dark because it is lacking enough windows or lighting sources, it will not be a pleasant place to work. Kitchen updates can be expensive, but housing experts state that they are always worth the expense in added value.
A bathroom that needs updating can be a real eyesore in the home, and doing a home improvement project there can be relatively easy. If the tile and grout around the tub or shower enclosure is stained, cracked or just old, replacing it with a preformed fiberglass enclosure is a simple and inexpensive fix. You can also replace the flooring, vanity and vanity top without spending a fortune, and your new bathroom will add considerable value to your home.
Many homes have only a living room, and do not have a space for children to play or for the family to relax. Designating a space as a family room increases the comfort level of the home, and adds appeal and value if you should sell your home. A finished basement often works well for this purpose, and there is not a lot of cost involved in finishing some walls and adding comfortable flooring. If basement space is not an option, consider finishing unused space in the attic.
Outdoor living space is a valuable addition to the equity in your home. Whether you add an above ground deck or a concrete patio, this space is great for outdoor entertainment and an extended living area for your family.
Most modern homes include at least two bathrooms, or at least a bath and a half. Most of the time the master suite includes a luxurious bath, in addition to a full bath to serve the rest of the household. If your home has only one bath, prospective buyers may not even consider purchasing it. Adding a second bathroom not only adds value to your home, but greatly increases its appeal if you should need to sell it.
If the appliances in your home are dated, it is likely they are not very energy efficient. They are certainly increasing the amount of energy you pay for, and they are not very appealing to anyone looking to purchase your home. Replacing them with energy efficient, updated models will not only add to the value of your home, but your energy expenses will be decreased.
Everyone likes the home they live in to be modern and comfortable. Making improvements to your home is a great way to make your home an enjoyable place to live, and you can increase its value at the same time. Use the ideas in this article to make the improvements your home needs most.