Every homeowner is on the hunt to maximize the value of their home. Even if you have no intention of selling, you want to make sure that things in your home are up to speed to consolidate a certain level of excellence that your loved ones can inherit. Besides, a dilapidated property can have a cyclical effect on the neighborhood; it will bring down the value of your property a little, thus making the neighborhood itself a bit less desirable, which will then make your home even more undesirable and lower its value. So, if you ever need to put it on the market, it will sell for peanuts, offering no return on your investment.
To avoid this, it would be worth looking into the following simple home renovations to maximize your home’s value.
Upgrade Your Bathroom
Even if you do something as simple as adding a walk-in shower, or change the tiles into something colorful or install the kind that is stain resistant, you will have made a huge difference in your home. You can take things further by adding a new vanity or retiling the floors; it depends upon the kinds of time and resources at your disposal. Either way, it will add incredible value both in the short term and long term.
Pave the Driveway
For some reason, the driveway gets negligible attention from most homeowners, even though it’s the first thing people see. As the experts over at MD Paving Pros would behoove you to do, research how repaving – or even redesigning – your driveway would instantly boost the value of a residential property. Even a new asphalt layover will make a world of difference. A bumpy driveway is rarely enticing, and it can be an eyesore in the neighborhood. All said and done, though, it should be an easy fix.
Consider a Paint Job
Another easy and relatively affordable fix to consider is repainting your home – both exteriors and interiors. This will brighten up the house considerably, and utilizing modern colors can help keep things fresh and welcoming. There’s a bonus if you consider using low-VOC paint, which can make your house more eco-friendly and spare you the pain of breathing in toxic substances.
Fix-up the Kitchen
The kitchen is another area that can make or break the overall property’s value. However, it can also be a relatively affordable fix. Small changes such as replacing older, fragile countertops, or bigger ones such as investing in energy-efficient appliances can make a big impact. You don’t necessarily have to remodel the entire kitchen, but if you do, keep in mind that simplicity is key. Some people make the mistake of investing in super high-end appliances only to be found at major restaurants, thinking that this will make their property shine – in reality, it can have the opposite effect.
Home improvement can be a bit of a slog, and it’s not surprising that people try to avoid it whenever possible. That being said, even smaller, more modest renovations can make life in the home enjoyable for both you and your family in the long run, while stretching your initial investment considerably.