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Home Improvements That Will Give You
The Best Return On Your Investment

What improvements will deliver most value for your money?

Improving the value of your home will make it more comfortable to live in and yield a greater profit when sold. However, it can be challenging to determine which home improvement projects to tackle and receive the best return on your investment possible.

Several factors influence which projects are best for your home, including the current market, the neighborhood and condition of the home. If you plan to stay in the home after renovations are complete, investing in projects directly beneficial for you can yield monetary and non-monetary returns.

Get best value for your home improvements
To make the most of your home improvements, do those that will cover your immediate needs and provide most value for the money. (Image via: Pixabay)

Start with improvements most needed

If you have areas of the home that are unfinished or inefficient, they can be an excellent place to begin. After all, a new modern bathroom will look out of place if the roof is old and you have outdated wood paneling anywhere.

Home improvements that provide savings on utility bills are a big hit. Depending on your local climate and the length of time before you sell the house, you will recoup some or all of your investment before you even put the home on the market, making them an excellent choice that most buyers will appreciate enough to pay more for the home.

Prioritize your improvements

Seek energy-efficient home
Energy audit will help you determine how energy-efficient is your home
The expenses related to improving the energy efficiency of your home will vary, so you can choose several inexpensive ones or a couple of larger renovations to start. Start with an energy audit and then prioritize what changes need to be made based on your budget and time.

Consider these weekend-sized ideas:

  • Add insulation to the attic or basement 
  • Install a programmable thermostat 
  • Seal and insulate your ducts 
  • Replace your hot water heater with a more efficient model, considering a tankless model if you plan to stay in the home awhile 
  • Seal switch plates throughout the home 

The sum of these changes is a more energy-efficient home. Along with more visible measures, such as a new HVAC system, if yours is on its last legs, you can present the home as a money-saving alternative to the others on the market.

Improve your home curb appeal

Updates that improve curb appeal can also provide a good return on your investment. One of the best is also one of the fastest and easiest. Replace your current front door with a high-quality, attractive steel model. Not only does it look fantastic from the road, it is a superior security measure that adds to the energy efficiency of your home.

Likewise, an attractive deck or patio will entice potential buyers as they drive by, helping them to envision their own get-togethers. This increases the perceived amount of living space. When staging the home for sale, an attractive modern grill may be a good idea.

Improve your house curb appeal
If you plan to sell your home, your improvements should also focus
on improving your home's curb appeal. (Image via: Pixabay)

Convert basement into living space

Converting the basement or attic into a functional living space is attractive to potential buyers and will give you more room to enjoy in the meantime. In some cities, there are strict building codes and regulations requiring work on these parts of the home. Make sure you adhere to the ones pertaining to you. Otherwise, you could end up in hot water down the line.

Windows are an important part of your home that contribute to the aesthetics and functionality of the entire building. Consider upgrading to double-pane windows and adding attractive wooden shutters inside. The classic and attractive nature of the fuel-efficient windows is sure to be a great selling point!

Create extra living space in your home
Your attic or basement are an excellent starting point to get the most value for
your investment into home improvement and renovations. (Image via: Pixabay)

Good value improvements

Each of these projects will provide a good return on your investment. Those that save on utilities are almost always going to be successful, though you should never install a new expensive item just for the sake of doing it.

Select which part of your home is most important to you and start making these home improvements today for a greater return on your investment tomorrow!

About the author

Carol Robson is a retired social worker who believes in living simply, being ecologically friendly, and leaving a small footprint. For more helpful information for others looking to do the same, check out TinyHouse Plans.

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