Which Home Improvement Projects Will Boost your Home Value in 2021?
The start of this new year is a prevalent time for homeowners to think about renovating. Whether thanks to New Year’s resolutions to finally bring homes to market or simply because homeowners want to make their living space more livable and attractive.
Careful consideration of what remodeling project you undertake can make for a valuable investment.
Replacing Garage Doors
Not only did replacing garage doors increase curb appeal, but this project also got the best return on investment (ROI) in terms of reimbursement of resale costs. According to the report, homeowners can get 95 percent of their money for a new garage door through resale.
Kitchen Remodelling
Consider the kitchen as the central part of the house. Instead of ditching the kitchen core and giving it a modern look, a small kitchen remodeling project can be just as valuable.
Front Door Replacement
The front door adds to the house’s overall appeal and makes an excellent first impression as it is the first part of the house that visitors will carefully look at before entering the internal domain. Simple front door repairs such as repainting or adding magnetic tape for weather conditions are widely considered inexpensive fixes for potential home buyers.
Apart from being cheaper than alternatives, steel doors are an essential feature for homeowners focused on home safety, as steel doors are 7 to 1 superior to wooden doors.
Landscape Yard
A beautifully landscaped garden is essential to add to the attractiveness of the house. By simply making sure your lawn looks stable, which can be created by adding grass and making sure shrubs, trees, and flower beds are well cared for, an attractive garden can generate up to 200 percent returns for resale.
Make sure you don’t overdo it when creating landscaping. Many landscaping projects can be done with minimal effort and require a minimal cost. However, decorating your garden with lots of exotic plants challenging to care for or installing an expensive fence can easily cost a homeowner $ 40,000 or more.
Home Siding Replacement
Siding Replacment is one of the cheapest ways to upgrade a home’s exterior and averages $ 10,000 for the entire project. Remodel can help make a home look almost new. Additionally, homeowners can add foam underlay to the vinyl siding, increasing durability and saving homeowners a large amount of money due to improved insulation.
Renovation Magazine counts another form of coating, fiber cement coating, as the best home improvement option for five consecutive years. On average, wallcoverings offered a 78% resale result. Once installed, replacement siding is low maintenance and will last up to twenty-five years.
Attic Basement Conversion
Turning an attic or basement into a living space is worth much more than physically adding living space, as the latter adds to the cost of foundations, dirt, and framing.
Clean Up Yard
Add value to your home by spending a few hours a week on your lawn. This home maintenance tip gives you a 100% ROI as it costs a little more than a few garbage bags. Many homeowners fail to realize that trash from outside the home immediately leaves a negative impression. Be proud of your home, and you will add value to your home.
Gather all the leaves and get rid of the messy ones. Make sure to clean your garden furniture from mold and dirt. The new pillows give a fresh look to existing interior furniture. A clean and tidy exterior is one of the best ways to add value to a home and welcome potential buyers.
Upgrade Gutters
Increase the appeal of your home by upgrading and installing new gutters – this is important for your roof’s structural integrity and enhances the appearance of your home. A broken, worn, or drooping gutter is a red flag for home buyers. Check your channels carefully and replace them if they look old or damaged.
Upgrading your old gutters to materials such as stainless steel or copper will give your home a great look and increase functionality. A professional rooftop can save an inexperienced drain from risky maneuvers on the stairs.
Change Door Handles
Small home renovations like updating your outdoor unit go a long way in adding value to your home. You can edit the exterior style of your home by simply changing accents. The main accent is the handle on your door. If your door handle is stained, potential buyers won’t want to enter your home.
Check all of your outdoor units. Make sure they are not only functional but also attractive. Changing a handle or lock is cheaper than replacing an entire door. Not sure how to replace that outdated door handle? Contact a licensed door specialist.
Roof Replacement
Your roof can decrease or increase the value of your home, depending on the conditions. Missing or cracked tile scares potential buyers. Homebuyers are cautious when it comes to expensive repairs.
For a professional roof, it is best to assess the condition of your roof. New shingles change the look of your home, and there are many types of shingles to choose from. Even though the new roof is an integral part of the ticket, you can expect to cover 63% of the cost. Your roof is an investment you cannot ignore.
Conclusion
Follow these fantastic tips and renew your living space this new year. Improving your home will not just increase its curb appeal but also enhance its value.