There’s a lot to consider when you’re thinking about home improvement projects. Among them, the question of whether a project will add resale or marketing value to your home or not is one of the most important. While comfort, style, and excitement have their impact, at the end of the day, it pays to consider whether a renovation project will eventually make your property more attractive on the market.
If you’re a homeowner thinking about the next big home improvement project, here are some ideas:
Contrary to popular belief, swimming pools do indeed add value to your home. Yes, they require a lot of considerations to build and upkeep to maintain. However, if you play your cards right, pools are still one of the most attractive features of a home. In fact, according to The Balance, pools tend to be an indication of higher-end homes, especially in locations with warmer climates.
One important note to always remember is that pools are a hazard and safety measures should always be in place when there is a pool on the property.
The fireplaces are making a comeback. Not only do they offer warmth and comfort, but they also have the potential to add amazing value to your home. Plus, there are custom fireplace designs today that will effortlessly add elegance to any room.
This is especially useful if your property is located in an area with colder climates. Like swimming pools, be sure to put safety measures in place.
If you have a big enough outdoor space, adding a deck will provide opportunities for unique and exciting outdoor experiences. You can use your deck for entertaining guests, relaxing after a long day, or for quality time with the family.
Decks can be made from different materials. Depending on where you’re located and the particular needs of your family, one material may be better than the other. Do your research and choose the best one for you.
One of the things buyers look for first when choosing a home is the kitchen. This is why kitchen renovations have the potential to add a lot of value to a home when done right. This is also why these projects tend to be costly.
If you’re thinking about improving your kitchen, you can’t go wrong with modernizing it. There are a lot of innovative kitchen fixtures and appliances on the market today. Plus, most of these are smart. Design your new kitchen with these innovations at the forefront and you’ll reap the rewards later.
Whether it’s a home theater, a family game room, or a karaoke nook, installing an entertainment hub will definitely make your home more attractive to buyers. Those looking for properties to buy want to imagine themselves living and enjoying their new home. With an entertainment hub, you can help them do so.
If you’re targeting a certain class of buyers, you can’t go wrong with a well-designed and well-maintained cellar. Wine is an important part of leisure and luxury. Building your own cellar, especially one where factors like temperature, brightness, and humidity are monitored and controlled, will help you up the price of your home.
Some home improvement projects are meant to just improve the quality of the experience for the people living there. However, if you want to make the most of your renovation, make sure they also add value to your home and make it more attractive later when you decide to sell it. Consider the items on this list when you plan your next project.