Making home improvements has become a popular pastime for many homeowners. Home improvements offer many benefits, such as increased enjoyment of your space and better curb appeal. However, one thing you should realize is that not all home improvements are made equal. If you’re interested in things that improve property value, you should do your research to discover top renovations that have a high ROI. The last thing you want is to focus on home improvements that fail to increase the value of your home or even decrease your property’s value. To help you stay on track, here are the top things that increase property value.
Upgrade HVAC Unit
One of the top things that increase property value is to upgrade the HVAC unit. That’s because an upgraded HVAC system comes with many benefits, such as increased comfort and better air quality. HVAC technology has improved considerably these days, and a new HVAC system means it’s easier to maintain a consistent temperature throughout your home. Some units also come with the feature to control humidity levels, thus creating a more comfortable climate inside your home. Another benefit of having a newer HVAC system is better airflow since the air is constantly filtered.
This is a huge advantage if there’s someone who suffers from respiratory illnesses such as asthma or allergies. If you have an old HVAC system in your home, you might have already noticed how much noise it makes. However, once you upgrade, the inside of your home becomes much quieter, which is preferable since a noisy HVAC system can be quite distracting. The biggest benefit of upgrading to a more efficient HVAC system, however, is that it reduces your carbon footprint together with your utility bills. Be sure to hire reputable HVAC services to ensure a quality installation that protects your investment.
Environmentally Friendly Roof
It’s not hard to see why an environmentally friendly roof is one of the top things that increase property value. An environmentally friendly roof can save you money in the long term. When the weather gets hot, eco friendly roofing material will reflect the sun’s rays without absorbing any heat. For instance, metal roofing has high emissivity and reflectivity that keeps your house cooler in summer and reduces your cooling costs. With an environmentally friendly roof, you can spend less on air conditioning and increase the overall efficiency of your home. Another advantage of metal roofs is that they’re mostly made from recycled material, and this reduces the overfilling of landfills.
If you’re looking to reduce the impact on your environment, you can also opt for slate roofing, which is incredibly durable. When you install slate roofing, chances are you won’t ever have to replace your roof for as long as you live in your home. Environmentally friendly roofing is increasingly becoming popular as more and more property owners realize that it’s not only kinder to the environment but to their pockets as well. Fortunately, there are several eco friendly roofing options on the market and many experienced roofing contractors to ensure a quality installation.
Upgrade Your Water Heater
If you have an old water heater, water heater repair becomes increasingly expensive the older the heater gets. Generally, if your water heater is more than 10 years old, it’s better to replace it. There are many reasons why this is one of the best things that increase property value. For starters, a new water heater that’s more energy-efficient will help you reduce your utility bills. Energy-efficient water heater models are designed to use less energy when heating water, and the tank also has better insulation to minimize heat loss. So, even though upgrading your water heater comes with upfront costs, you could potentially save money.
You may not realize how much energy your water heater is using, but over time you can save money and increase the overall energy efficiency of your home. You can also save money by not having to pay for frequent repairs. When you do the math, it’s better to invest in a new water heater than to constantly pay for water heater repairs. What’s more, the new water heater is capable of supplying you with more hot water for longer so that there’s enough hot water to meet your household needs. This kind of convenience is truly unmatched.
Build a Fence
Wondering if you should put building a fence on your list of things that increase property value? That’s a great idea because fencing your yard comes with many benefits that make it a worthwhile investment. For most people, building a fence is a necessity that allows them more privacy and reduces sound pollution. For instance, if your property is located too close to the highway or busy areas, building a fence creates a barrier that reduces the amount of noise that reduces your home. This allows you to relax better and enjoy your space with fewer distractions.
A fence is also handy if you want to protect yourself from unsightly views and prying eyes. Let’s say you want to relax in your backyard or front yard, but your neighbor’s yard looks particularly unkempt. Or maybe you are entertaining friends on your patio, but you don’t feel so comfortable because there are many people observing you from a distance. You can protect yourself from such a scenario by building a fence. In addition, building a fence also boosts your home’s security and protects kids and pets that are playing outside. Make sure you hire an experienced fence builder to install your fence to ensure the best results.
Most homeowners that are interested in home improvements instinctively know that kitchen remodels belong at the top of the list for things that increase property value. If you’re planning to sell your home, you can’t go wrong with a kitchen remodel because many buyers prefer homes with upgraded kitchens. Even if you have recently bought your home, chances are the kitchen is a top priority for you. When you’re planning a kitchen remodel, it’s important to do your research to figure out which key upgrades or features add value to your home. For instance, when you look at the latest trends, you find out that a kitchen cabinet never go out of style.
Installing more cabinets and choosing an aesthetically pleasing kitchen cabinet design will give you the best ROI on your remodel. Similarly, installing brand new countertops and upgrading your appliances can transform the space into the dream kitchen that every homeowner should be proud of. In a nutshell, you can ensure that your kitchen impacts your home’s price by focusing on the most popular individual features that everyone loves to see, including cabinets, backsplashes, countertops, appliances, and flooring. These things increase the overall functionality and aesthetic value of your kitchen.
When done well, a bath remodel can improve the functionality of your bathroom and make it more stylish. It’s a win-win solution whether you want to sell your home or make it more practical and enjoyable. A more stylish bathroom will make it easier to sell your home, and it’s possible to recoup some of the costs. In addition, if you want to update the current design of your home, you can still do so without breaking the bank. For instance, you can install new fixtures and add more stylish accessories to give your old bathroom a new lease of life.
If you want a more upscale bath remodel, you can revamp the entire layout of your home and upgrade the plumbing and electrical work. There’s a whole list of things that increase property value when it comes to bath remodels. You can add a second bathroom or jacuzzi, install heated floors, add a double sink, or add more storage. You can also repaint your bathroom walls, add new tiles, and allow more natural lighting. However, you should make sure that the overall bathroom design should be cohesive with the rest of the house. For instance, stick to the same color palette used throughout your home.
Install a Pool
A pool usually comes with high costs, so it makes sense that most homeowners want to know if installing a pool can actually increase your home’s value before hiring pool builders. However, when you look at all the pros of having a pool, it’s easy to see why installing a pool can be a good investment. Let’s start with the benefits that you can enjoy even if you don’t plan to sell your home in the future. You can enjoy more quality family time. With your swimming pool as the central feature, you can create a comfortable outdoor space by placing outdoor furniture and installing a gazebo and a fire pit.
We all know how hot the summer weather can get. Fortunately, if you have a swimming pool just a few steps away, you can cool down easily, get some exercise, enjoy the outdoors more, and boost your social life all in one go. If you’re thinking of selling down the line, a swimming pool will transform your backyard and turn it into a homely version of a private resort. This is a great feature for anyone who likes to relax in style. The luxury of a swimming pool can be a winning point for some buyers who lead a certain lifestyle.
Install a Sunroom Addition
Sunroom installations are not usually mentioned as one of the things that increase property value. But if you want to think outside the box and improve your home in a unique way, you should consider a sunroom addition. There’s a lot of value to be found in having your own warm and sunny indoor space where you can relax. One of the reasons why a sunroom addition adds real estate value to your home is because you’ll be adding new square footage, and this can automatically raise the price tag on your home. An addition to your home will give you more room, so you don’t have to lead a cramped lifestyle. In addition, a sunroom is worth it because it adds more natural lighting to your home and allows you to enjoy sunny days even when you stay indoors.
Improve Garage Door
You probably use your garage door every day or pretty regularly. But when was the last time you gave it a second thought? If you haven’t been maintaining your garage well or suspect that your garage door is not functioning properly, the best thing to do is to contact a garage door repair contractor. Better yet, you can enjoy more benefits by buying and installing a new garage door. Overall, a new garage door increases home value, especially if you choose a garage door with high-end security features to provide your home with extra protection against unwanted intruders. A new garage door also improves curb appeal and reduces heating and cooling costs if the garage door has better insulation. Other benefits of an improved garage door include better performance and enhanced utility.
Repave Your Driveway
If your driveway is in bad condition, it’s best to talk to a driveway paving contractor as a repaved driveway is one of the top things that increase property value. If your driveway is in a bad state, then this affects its functionality and might even increase the risk of accidents. Not to mention that a driveway that’s faded, cracked, or chipped creates a bad impression and reduces the attractiveness of your home.
These are some of the top things that increase property value and make your home more sellable. The key takeaway is that kitchen and bathroom remodels are still one of the best home improvements with a high ROI. If you’re planning to sell down the line, potential buyers will be more impressed if your bathroom has modern features and is in tip-top condition. They’ll also appreciate an upgraded HVAC unit, roof, water unit, driveway, and garage door. Overall, these things will increase the value of your home and offer many benefits besides.