Home improvements can be segregated into two broad categories viz. one, which are solely undertaken to enhance the aesthetic value of the place, and two, which are taken on only to increase the market value of the home. For instance, by installing Italian marble in your kitchen, you can make your home look artistically beautiful, but you cannot increase its market value. On the other hand, by getting the leaky roof repaired, you can certainly increase your home’s value. Let’s identify some other areas where alterations and renovations work the best.
Give the kitchen a complete make over
Kitchen is considered to be the heart of the house, and for this reason, a well-maintained kitchen has the power to command a better price. A number of things can be done to give your kitchen a complete make over. For instance, you can change the paint and wall paper. You can also alter the flooring and create a more elegant and sophisticated effect. Also consider sanding and re-painting the dingy-looking cabinets of your kitchen.
Create a new room or bathroom
An additional functional space can not only accommodate your extended family, but can also significantly increase the market value of your property. Depending upon the architecture of your home, you can erect a new room in the loft or you can even convert your basement into a room. An extra bathroom with modern amenities enhances the value of the property dramatically. Before adding these structures in your home, be sure to get the requisite permissions from the concerned authorities.
Think of changing the living room
Normally, we spent about 30% to 45% of our time at home in the living room. Hence, by altering the sitting room you can definitely make your home valuable. There are so many things you can do to perk up your living room like installing a split air conditioner, changing the setting of furniture and cabinets, and so forth.
Attic and old windows can also be modified
By converting your loft or attic into a useable space, you can add extra square yards in your house and thereby demand a better price. In the same manner, the windows can also be modified. By just replacing their frames or even changing their dimensions, you can give your home a brand new, more stylish look. Windows are also responsible for up to 50% of the energy loss. Thus, window replacement can also make your home more energy efficient.
Sometimes basic improvements produce magical effects
By simply changing the color of the walls or getting the flooring altered you can easily and inexpensively add value to your property. Similarly, by setting up energy-efficient furnace or getting the heating system repaired, you can get a higher price for your property.
Where to put an end to home improvements?
You can certainly not increase the market value of your home by building a swimming pool. This is primarily because its upkeep is unusually difficult. Likewise, by giving your garden impressive enhancements, you cannot expect to get a higher price because again its maintenance is quite intricate. Along the similar lines, stone walls and expensive fences usually fail to impress the prospective buyers.