Want to Increase Your Property Value in Raleigh? These Home Renovation Tips Can Help
Your home is one of your biggest assets, so it’s important to take good care of it to make sure you can get the most out of your investment. One way to increase the value of your property in Raleigh, NC, is through home improvements. Not only will it increase the overall functionality of your house, but it will make it much more attractive to potential buyers when you decide to sell down the road. The Raleigh, NC, real estate market has been on the rise lately, and this uptick in value has made many homeowners interested in home renovation projects that will increase their home’s value after completion. For those of you looking to increase the value of your home, you’ll want to take advantage of the plethora of options when it comes to home renovation Raleigh, NC.
What makes your house worth more than your neighbor’s? A well-designed home, of course! Fortunately, upgrading your old home is much easier than ever before, thanks to all the technological advances made in the home remodeling industry over the past several years. No matter what type of home you own or what your goals are, you can do plenty of things with small and affordable changes that will pay off down the road in the form of higher real estate value and better returns when it comes time to sell your house. If you’re considering home renovation Raleigh, NC, you’re likely looking to improve your living space and add value to your home without spending too much time or money.
The following tips to renovate your home will help you make the most of your money, so you’ll get more back when it’s time to sell or refinance your home:
Add a Deck
Adding a deck to your home is easy to increase its value. But, before you get started, keep in mind that you’ll need a permit from your local city planning office. If your home renovation Raleigh contractor does not submit an application on your behalf, chances are they are not licensed and insured. Without proper licensing and insurance protection, you will be exposed to liability risks, but your property can also become vulnerable due to untrained contractors working on it. As you search for Raleigh home remodeling contractors that suit your needs and budget, ask them if they have licenses and insurance protection and their customer satisfaction rating by their past clients who used them for previous projects.
Freshen Exterior Stucco
Homes in Raleigh, NC, built twenty years earlier, tend to have stucco exteriors. Stucco needs constant care to keep it looking fresh and new. Over time, it can crack or discolor due to sunlight exposure, which affects its market value. So, during your home renovation Raleigh project, freshening up your stucco is a relatively easy fix that makes a big difference to curb appeal and resale value. A good home stucco painter will have no problem performing all of these tasks: repainting, power washing, repairing cracks and holes in mortar joints, and fine-tuning corners around windows and doors, so they’re clean and straight.
Reface Cabinets
Instead of spending a fortune and time on brand new cabinets, consider a refacing project. Refacing cabinets is a great way to refresh an old kitchen or bathroom without spending too much time or money. Replace doors, drawer fronts, and possibly any non-load-bearing components, and you have a new look at little cost. You can hire someone to do the work for you, but if you like DIY home renovation projects, it’s possible to do it on your own and save money. Expect to pay $1-$2 per square foot for labor plus parts when doing your own work.
Install Smart Home Technology
Smart home technology has come a long way and is a great addition to your home. You can control your lights, appliances, and heating and cooling systems remotely, but you can also monitor them. For example, if you want to make sure that everything is working properly before going on vacation, you can log into your smart thermostat app and turn it up or down to make sure everything heats up or cools down enough while you’re away. Additionally, some smart home products are even more affordable than a few years ago. So, whether you are renovating your home or building a new one from scratch, don’t forget to add the smart tech features to your living space!
Refresh with New Carpet
One of the easiest ways to refresh your home and increase its value is to update your home’s carpeting. Carpeting is inexpensive and easy to replace—and it can drastically improve a room’s appearance. You don’t need a professional for every aspect of home remodeling, but carpet installation can be complicated for homeowners to do themselves; you may want to consider hiring a professional if replacing all or most of your carpeting seems daunting. However, if you are open to tackling smaller projects on your own, adding new paint or new carpet in select rooms is one-way homeowners can easily add value without spending big bucks.
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Update Fixtures
Fixtures, such as lighting and faucets are often overlooked when people think about remodeling their homes. Don’t fall into that trap! Updating fixtures can be one of your smartest home improvement decisions. These updates offer a quick and relatively low-cost way to increase home value while adding style to your home. For example, updating outdated lighting can change a room dramatically and make it look brand new without actually having to buy an entirely new set of furniture. It is also important to know that updating fixtures do not just have to be part of a full-scale remodel; some things are much easier to replace yourself.
Consider Adding an Addition
When planning home remodeling Raleigh, you’ll need to decide whether to add on or get rid of the space you currently have. Either way, you may want to consider these home remodeling tips that will increase your home value. When it comes to real estate, adding space adds value; however, if you’re thinking about downsizing and removing rooms (while possibly incorporating a small bathroom in your kitchen), there are other things to consider. For example, your costs could be higher if removing a room means you need additional materials like drywall and flooring—but that all depends on what materials are already in place.
Planning to give your home a facelift? Don't hesitate to schedule a consultation with pros!
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Planning to give your home a facelift? Don't hesitate to schedule a consultation with pros!
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Replace Windows
Replacing windows can be a quick and inexpensive way to increase your home’s value. Many homeowners overlook their windows as an easy way to spruce up their home, but new windows are a great investment since they can make your home feel more spacious. In addition, new windows can add value by providing better insulation from noise, wind and cold temperatures. Before you decide which type of window to purchase, however, there are several things to consider when planning a window replacement project. You can hire a professional home renovation Raleigh contractor to help you make better decisions.
Finish Your Basement
If you’re trying to add space to your home or boost its resale value, look no further than a finished basement. Basements are popular in new homes as well, as buyers clamor for more space and finished basements provide it. Basement remodeling is one home remodeling tip that may be more expensive and time-consuming than others, but it’s also one of those that is likely to give you a better return on investment. Buyers like finished basements for a variety of reasons: They can be used for entertaining, for an office or playroom, and even for a family living if there are kids around.
Improve Energy Efficiency
Making your home more energy efficient is a great investment. If you own a home, there are certain upgrades you can make that will pay for themselves and then some by increasing your home’s value and decreasing your monthly utility bills. The key is to be upfront about what these upgrades cost, both up front and over time. Energy-efficient appliances like refrigerators and washers are going to come with higher up-front costs, but they might actually save you money in the long run as they cut down on monthly utility bills and increase your home’s resale value when it comes time to sell. Recycling programs that help lower utilities are another way to save money without making big upfront investments.
Wrap-Up
These home renovation tips will give you a great overview of how to make your Raleigh home more appealing and increase its value in a way that will improve your quality of life. Whether you’re looking to add more space or update outdated systems, these improvements will go a long way in providing you with long-term value and satisfaction. The goal is to keep costs low and make sure that every home renovation project is worth it, but also to ensure that you don’t fall prey to common mistakes made by home improvement novices. You may not be an expert at design or construction, but if you follow these simple steps before spending money on any renovations or home improvement projects, you should have no problem improving your Raleigh property for years to come.
However, you can contact Homednb and we will find a reliable home renovation Raleigh contractor to help you increase your property value with some important renovations! Whether you want to build a home from scratch or need some minor updates, our highly-skilled professionals have solutions to bring your dream home to reality while increasing your property value!