Homes are one of the most valuable investments you can make in your lifetime. And this usually means that you’ll want to do everything you can to increase the value of your property. Before planning home improvement projects that add value, it’s important to know how much the project will cost, how long it will take. And how you can save money on things like labor or materials.
Undoubtedly, home renovations can add value to your home, but not all renovations are created equal.
Some renovations will instantly increase your home’s value, while others may take months or years to pay off.
With so many different ways to improve your home, it can be hard to figure out where to start. That’s why we decided to compile this list of 15 home renovations that instantly increase your home value. Whether you’re looking for an easy DIY home remodel project or something requiring more expertise, this list has you covered!
Here, we’ll discuss home renovations that are easy and inexpensive updates and will immediately increase the value of your home. Let’s get started!
Is your deck a gathering spot for family and friends? Deck lighting is a great way to get more use out of your deck or patio. Especially if you live in a climate where it’s not feasible to spend much time outside during evening hours. A well-lit deck can be an important selling point for potential buyers when you put your home on the market. A simple investment like outdoor lights will make any outdoor space more attractive. And welcoming, even if you only use it a few nights each week.
Take advantage of unused wall space in your cooking area by installing a new backsplash. Backsplashes are easy to install and inexpensive, making them an affordable update with a significant impact. Adding a backsplash gives your kitchen a new look and can also help add value to your home. Try adding decorative glass tiles to match your existing kitchen decor or marble tiles if you’re going for something more traditional.
Few things can instantly make your home feel fresh and new. A new coat of paint in a fun, bright color will do just that and make your home worth more money. Even better? Using exterior paint with low VOCs—volatile organic compounds can help reduce chemical emissions and protect indoor air quality. If you choose to repaint yourself, don’t forget to seal those hard-to-reach areas where mold likes to form, like light fixtures and behind appliances.
A quick and easy way to add value to your home is by increasing its energy efficiency. One of your best bets for cutting energy bills is adding attic insulation. According to EnergyStar, about 35% of a typical household’s utility bill goes toward heating and cooling costs; up to one-third of that can be lost through air leaks. It pays to focus on sealing up your home’s leaky roof.
Replacing your front door with a steel door instantly creates a secure entryway that’s impossible to break into, even if it was originally just wood. Steel doors are more durable than wood and will last longer; they also add value to your home. It is worth investing in steel doors. Because they have features like locking systems and modern finishes that traditional wooden doors can’t compete with. A bonus: you’ll feel safer at night knowing your new steel door keeps out unwanted intruders. A new steel door doesn’t have to be expensive either. Some security companies will work with homeowners on payment plans, ensuring you can afford a new steel entryway without breaking the bank.
If you’re looking to give your kitchen a face-lift, there are ways to do it without breaking your budget. Most of these simple kitchen remodeling projects only require a few tools, so you can save money by tackling them yourself. Many of these ideas have little or no cost involved! For example, updating cabinet hardware and painting walls and flooring can change up a space significantly for under $100. Other options include hanging new window treatments and adding area rugs to create an inviting ambiance in your living room. The best part about home renovation is that they are essentially investments into your home—and they pay off when you sell.
A garage door is one of your home’s most visible features. When homeowners need to replace their garage door, they need to consider more than just the price. Although there are plenty of affordable garage doors out there, many homeowners regret not spending a bit more on their first door and end up paying for it. Instead of going with a budget option, choose a replacement door built for performance and durability. Some reliable options include fiberglass doors, steel carriage house doors, or steel sectional doors; these materials are resistant to rusting, rotting, and peeling. Additionally, they come in various colors that can easily match existing exteriors.
Replacing your home’s siding can instantly increase its value. Replacing old-looking siding with newer, more attractive material is one of those rare exceptions. New siding can significantly improve a home’s appearance, and it also has long-term benefits, like helping you sell for more money if you ever decide to move.
Another one of the most excellent home renovations projects that can add value to your home is replacing old windows. Vinyl windows are affordable to upgrade your home, let in natural light, and reduce energy costs. For insulating efficiency, you should look for new models with air-sealing systems and low-E glass. There are many sizes and styles of vinyl replacement windows available today, from double-hung models with awnings to casement designs that fold out of sight when not in use. Windows come in wood, vinyl, aluminum, or fiberglass—look for those made from materials that compliment your siding. Whatever type you choose, make sure they open and close quickly—there’s nothing worse than a window that sticks or won’t stay open!
This renovation is an easy way to maximize accessibility without breaking your budget. It’s affordable, with simple materials, and can be completed by contractors or DIYers of all skill levels. You’ll end up with an attractive room perfect for spending time with loved ones or entertaining friends. The secret to a successful universal design is creating a space that looks great but still feels accessible for everyone who enters it.
Smart home technology is a reasonably recent home improvement project in terms of mainstream popularity. This could include wifi thermostats, security cameras, lighting systems, and even appliances with built-in connectivity. The idea behind these projects is that homeowners can connect all of their devices to a single Wi-Fi network and then access them from anywhere using an internet-connected device or mobile app. The pros are apparent: streamlined convenience and added peace of mind (i.e., never worrying about your alarm system again because you can control it from your phone).
Many homeowners tend to overlook one of their most significant investments—their home’s flooring. You don’t have to ultimately renovate your entire home to increase its value. Changing out old carpeting or tired linoleum flooring with new hardwood floors, tile, laminate, or even carpet will instantly boost curb appeal and add a fresh feel to any room. A home improvement like new flooring can add as much as 25 percent to your home’s value. And in some areas of your house, like that foyer, living room, or kitchen you use every day? You can do these smart renovations yourself and add nearly $5,000 in resale value with less than two days’ worth of work.
This is something that most people can do on their own to add value to your home instantly. The biggest problem with old plumbing fixtures is that they leak and lose water pressure, so upgrading them will increase your home’s curb appeal and help you save money on water bills and give you a healthy return when it comes time to sell. Always hire a professional plumber for major upgrades like replacing entire systems because of how complex some of these projects can be; a pro should handle anything involving gas or electricity.
Kitchens have become the new multi-purpose space in almost every home. They must not only accommodate the chef but also function as a workplace for children and adults, a meeting spot for mealtimes and dinner parties, and so on. While kitchen lighting plays an important part in establishing the ambiance for these duties, it’s simple to create a personalized solution to meet your family’s demands while adhering to the constraints of the current wiring. New, energy-efficient lighting is a quick and easy way to modernize your kitchen and instantly boost its value.
Adding a finished basement to your home is one of the best ways to add value. This can be done by digging out a portion of your backyard and building up, but that’s very costly. An affordable option is to stick with a crawl space or an unfinished basement and finish it off on your own. The key here is to make sure that your finished space is large enough for entertaining friends and family, which will help you get more out of it than if you were going to use it solely as storage.
So, if you’re looking to add value to your home, then a good place to start is with these 15 easy home renovations. Your house will look and feel better, it’ll sell faster when you’re ready to move, and people will want to pay more. Which renovation are you most excited about? Schedule an appointment with us and let us know about your needs. We will make your home renovation process hassle-free with trusted and reliable professionals with a good track record of quality work.