The real estate market is facing a difficult time right now due to the COVID-19 pandemic. Many people have chosen not to put their homes on sale. They have, however, chosen to stay put and wait till things get back to normal. Now that people have decided to stay home and not move, they are now planning on making various home improvements to ensure their homes get much comfortable.
A majority of the home improvements will not add value to your property, especially in a down market. Moreover, some improvements can lower your home's asking price when you decide to put your home on sale. However, some home improvements will add value to your home.
So, what are some of the home improvements that will add value to your home? This article will discuss some helpful home improvement tips that will increase your home's value.
Home improvement tips that will add value to your home
1. Remodeling the kitchen
For most people, the kitchen is considered to be the home's heart. For this reason, upgrading the kitchen pays off. Don't make the mistake of making the kitchen fancier than the rest of the rooms in the house. While remodelling your kitchen, you can choose to use low-VOC paint to ensure your kitchen is eco-friendly. Besides that, low-VOC paint will keep your family safe from inhaling dangerous chemicals such as benzene.
You can also replace the old kitchen appliances with energy-efficient appliances. Energy-efficient appliances will help you save on money as they use less energy and are also environment friendly. Potential home buyers will always go for options to save money when looking to buy a new home.
2. Additional bathroom
This can be one of the best home improvements that you can do. There is nothing like having enough bathrooms. Having an additional bathroom will boost a home's functionality while at the same time increasing the resale value.
While adding another bathroom, you can ensure you update the bathroom tiles. For instance, replace worn-out tiles with subway ones to get a classic look that will be more appealing. If you have a water-hogging toilet, you can replace it with a low-flush model.
If you have a plain mirror in your bathroom, you can add a wood or tile frame to add some style. You can also purchase a wood mirror frame or a wood moulding with a rabbet cut in its back and use it to build a frame on your own.
Curtain rods will also be a good addition to the bathroom. Ensure you go for curved curtains as they give the bathroom a sleek look. Moreover, curved curtains will allow you more elbow room while you are in the shower.
Another addition to the bathroom is a shower shelf. You can use shower shelves to store showering gels, fragrances and flowers, among other things.
3. New flooring
If you take a look under your carpet, you may notice that your home needs an upgrade. Tile floors and hardwood add some warmth level and they will surely have some good returns on your investment. Tile, laminate and hardwood floors are the easiest to clean and don't attract dirt and dust easily. Therefore, these floors are recommended for people who have allergies.
4. Add some flair
Retro and modern designs are trending right now. Instead of a traditional closet door, you can choose to install an antique barn door. Moreover, you can update your lighting and use retro fixtures like Edison bulbs. You might also do a wall in brick or wood tiles to add some touch to your home.
5. Entertainment room
If you are hosting a book club, wine tasting or book club, that unused space in your house can come in handy and be used as a party space. Turn your living room or basement area into a finished space by introducing a lounge area, big screen TV or a bar. Whether it's a space for adults or kids, this home improvement will surely add value to your property.
6. Outdoor kitchen
Outdoor living areas have become a must thing for luxury home buyers. Being able to cook meals from outside without necessarily running in and out of the house to get utensils or foodstuffs is a luxury that many people can appreciate. Build an outdoor cook space with a minibar, BBQ grill, refrigerator and this will be a one-of-a-kind culinary home improvement.
7. Go green
Installing green energy features in your home will surely increase your home value. Replace showers and toilets with low-flow features, replace old windows with energy-efficient and buy low-energy appliances.
Final thoughtsmany home improvements features can add value to your home when the time you decide to sell your home comes. When you decide to remodel your home, always go for pocket-friendly budgets to make your home value to budget-minded home buyers. Lastly, be sure to check out quick sale property buyers if you wish to sell your house quickly.