Have you lived in your home for a decade or two? If so, you're probably reaching the point in time where you want to start making some drastic changes. Repainting rooms can only hold you over for so long. Before you start knocking walls down, we encourage you to think about your overall goals for this renovation. Are you looking to do something purely fun and creative? Do you have plans to sell your home in the near future? All of these questions will have an impact on how you proceed with your upgrades and renovations.
While some people are okay with making any kind of change that their heart desires, others are more concerned with how their renovations will impact the sale price of their home—even if they have no current plans to sell. We typically recommend this route, which means there are a few upgrades we recommend more than anything else.
There are three projects that will get you the best return on your investment: bathroom renovations, kitchen renovations, and roof replacements. The first two are a bit more glamorous, but the lack of glamor is what makes project number 3 so important. No one wants to purchase their dream home that has a crumbling roof!
Roof and Solar
A roof upgrade is one of the best home improvements you can make. Not only will it protect your home from the elements, but it can also increase its value. A new roof will not only make your home more energy efficient, but it can also make it more appealing to potential buyers. If you're thinking about making some changes to your home this summer, a roof upgrade should be at the top of your list.
Solar panels are another great investment to consider. They're a great way to save money on your energy bills and make your home more eco-friendly. Solar panels should be at the top of your list if you're thinking about making some changes to your home this summer.
Not only will they help you save money on your energy bills, but they'll also make your home more valuable and increase its appeal to potential buyers. On average, solar panels increase the value of recently sold homes by about $10,000. Solar panels should be at the top of your list if you're thinking about making some changes to your home this summer.
Another upgrade that will add value to your home and to your life is renovating your outdoor living space. If right now, all you have is a slab of concrete and a bunch of grass in your yard, you might not feel very inclined to spend a lot of time out there, which makes it a bit of a wasted space. There are several ways you take this area from zero to one hundred:
Adding a deck or patio! It's a great way to create additional outdoor living space. Not only will this give you somewhere to relax and entertain guests, but it can also add value to your home. Even if you don't add to the concrete slab you already have, adding some nice pieces of furniture will make the area feel much cozier.
Install a barbeque! Having a place to cook outdoors will improve outdoor dining experience.
Finally, if you want to increase the value of your home, consider adding an addition. Whether it's a new bedroom, bathroom, or home office, an addition can make your home more valuable and increase its appeal to potential buyers.
Making home improvements can be a great way to add value to your property. If you're thinking about making some changes to your home this summer, these are a few upgrades to consider that will give you the most bang for your buck.