Apart from making your home feel comfortable, remodeling goes a long way in increasing your home’s value. Housing prices have been on the rise, and investing in home improvements is one way of getting a return on your investments. However, it is essential to know how to go about home upgrading and which areas will bring in the most returns. Here are some tips for home improvements:
If you spend 5% of your house value on landscaping, you may produce an ROI of up to 150%. With such a potentially incredible return, you should not think twice about renovating your outdoors. When landscaping, choose a style that goes with your home. This means that the exterior style of your home complements the garden’s style. Consider planting some trees to improve the air quality and make staying in the outdoors more enjoyable. You could also add a water feature like a fountain to boost your property value. Don’t forget however that large yard and garden renovations may need a dumpster to help dispose of all the excess waste that may be generated, particularly if large sections of concrete or earth are being removed. Finally, don’t forget to maintain your lawn by mowing and watering routinely.
When remodeling the bathroom, consider adding some plants to bring in some color. Bathroom ventilation is vital since the bathroom is prone to dampness. A good-sized window or exhaust fan will help keep the room well ventilated. Invest in bathroom mirrors as they give the illusion of more space. When painting, go for white or light colors. Dark colors make the bathroom feel small and claustrophobic. Go for durable bathroom materials that will look new for a long time. Use solid wood trim for your cabinets and porcelain for your sinks.
A small kitchen remodel can bring a return investment of around 82.7%. A kitchen remodel should improve its functionality by eliminating inconveniences. For example, if you decide to repaint, glossy paint is easier to clean stains off of. Also, consider an open space kitchen and remove any unnecessary wall. It makes the house more attractive to potential buyers. Replace the cabinets and countertops and go for something more contemporary, especially if you bought the house a long time ago. You can update your kitchen backsplash by adding some porcelain or ceramic tiles. If you are on a budget, repainting will also do the trick. When it comes to lighting, consider hanging globe pendant lights above your kitchen island. They will enhance the kitchen’s openness.
Most people use basements as storage rooms for items they do not use regularly. However, with some upgrading, you can maximize that extra space and use it for other things like a home office or a guest bedroom. Remodeling your basement will depend on what you want to use it for. However, there are general things that you will want to check first. Fix any dampness issues. You can ask a home inspector to check your home drainage pattern and see what waterproofing solutions they can develop. You can add a window or two if the basement extends above the ground. This will help with natural lighting. Use area rugs for the floor since you can easily remove them and clean them.
When remodeling, having a budget will play a big role in guiding your actions. You need to approximate and set aside the amount of money you want to upgrade your home. In 2018, most homeowners spent between $5,000 and $10,000 improving their homes. While this is not a standard bar of how much you should use, it can give you an idea of the average amount you can expect to spend. Consider repainting items like cabinets so save on cost. Also, be on the lookout for stores that have items that you need on sale. It will save you some money. Also, learn to negotiate with contractors for reduced prices.
As much as remodeling increases your home’s value, you will have to consider things like your budget, and if you are moving out, where you will be staying. Make a plan of the whole thing before you start remodeling.