Did you know that the general rule of thumb of homeownership is to set aside 1%-4% of your home’s value for general maintenance each year?
Having an emergency repair fund is also essential for homes. What happens if you don’t need much maintenance one year and have a little extra money saved up? Consider home upgrades!
The best home upgrades can increase home value for those planning to put their house on the market soon or in the future. Keep reading to learn them.
Bathroom Remodel
One of the best home upgrades you can complete is a bathroom remodel. This can be minor or major depending on the budget you have.
You can re-caulk your tub, remove dated wall coverings, and even replace your shower doors.
If you have a larger budget, you can do a full remodel that leads to a completely new design look.
New Landscaping
Another one of the home renovations that increases value is landscaping. You can come up with your own design or visit a local garden center that offers free design services.
If you like the landscaping of a home in your neighborhood, ask what services they use, if any.
Simply adding a splash of color to the front of your home can catch eyes and grow value. Use one color and vary the height of the plants to have the best impact.
Replace overgrown shrubbery with flowering plants. Keep taking care of your landscape so that it continues to increase home value over time.
Kitchen Remodel
You can also increase home value with a minor or complete kitchen remodel. If your kitchen only needs a cosmetic update, minor remodels work perfectly.
If you need a different floor plan, you’ll want a complete kitchen remodel. For smaller renovations, however, you can simply update features like cabinets with new doors from a supplier like Lovech, and give a new life to drawers, sink fixtures, and countertops by replacing or repairing them.
If you don’t want to replace kitchen cabinets, you can sand and paint your old ones to save some money.
Attic or Basement Conversion
Home upgrades that increase value don’t have to revolve around replacements. Instead, you can transform an existing room like an attic or basement to add more space to a home.
This is going to be a more expensive option than some other home improvements, but an additional bedroom or living area increases home value by a lot.
If you don’t have an attic or basement, you can still add a new room to your home by hiring a home addition company.
The Best Home Upgrades to Complete
If you want to increase home value for a soon-to-be sale or future sale, use the best home upgrades.
If you have a smaller budget, you can opt for a minor bathroom or kitchen remodel. You can also give new life to your landscape.
Larger budgets mean bigger renovations that increase your home price even more. Opt for a major bathroom or kitchen remodel if you have the money. You can also consider transforming or creating a new room.
Start increasing home value now and don’t forget to come back to our blog for more home improvement articles.