Home improvements are expensive. Yet, they can be well worth the investment. Homeowners have long opted to pour money into their homes not just to better customize them to their needs, but also to up the home’s equity, as well as its resale value. If you’re one of the many homeowners out there striving to boost your home’s market value, you may be asking yourself: What are the best investments for my home? What improvements will earn me the most value in the long run? Well, we’ve done some digging, and we’d like to highlight four of the best value-per-dollar investments you can make to improve your home. Here’s our list.
If you have the money (or the time, tools, and experience to do it yourself), finishing your basement can earn you as much or more money than you invest. Consider finishing your basement with an extra room or two, and an additional bathroom. If you have extra space, tacking on an entertainment room is a great idea. And you can add a storage room (which can remain unfinished). Don’t go overboard on customizations (like integrated surround sound, or a built-in bar), unless you’re planning on enjoying these amenities yourself; when you opt to put your home on the market, you may not earn as much money for basement renovation than you put into it if your home purchaser doesn’t like the custom details as much as you do.
You may also consider finishing your basement with an apartment configuration (including a bathroom, bedroom, and kitchen), so that you can rent the space. Consider adding a separate entrance to your basement if you’re finishing it with a full apartment. Adding a garden apartment is an excellent source of passive income while you’re living in your current abode, and it can be an appealing selling point should you ever put your home on the market in the future.
Updating your home’s exterior won’t just provide better protection for your home, it will boost its value and curb appeal. If you have damaged siding, worn out paint, or siding that could use a facelift (like added trim and details, or a stone facade), then an exterior update is a great idea. Replace any damaged siding along the surfaces of your home. And paint your home siding if it hasn’t been painted in five years or longer (of course, you can count on Horner Painting to paint the exterior of your home!). If you have the budget, you can update your siding with a new, tack-on facade of stone and extra trim details to make your home look warmer and richer.
Kitchen & Bathroom Remodels
Do you have a kitchen with outdated appliances or tacky countertops? Or perhaps your bathroom still has an odd avocado-green bathtub. Updating these outdated rooms can work wonders to modernize your home, making it more appealing for homebuyers in the future. Consider replacing old cabinetry, laminate countertops, laminate floors, outdated appliances, and fixtures that don’t fit the character of your home. Consider stainless steel appliances, timeless wood cabinets, and granite countertops in the kitchen. Or update your bathroom with a modern, high-efficiency toilet, a tiled shower, a simple, modern vanity, and fixture changes.
Add a Deck
If you don’t already have a deck, adding a modest deck can prove to be an affordable facelift to boost the value of your home. Consider adding a deck that is open and utilitarian, with space for dining and cooking. Your deck shouldn’t take away too much yard space, and it should be well integrated with your landscape and the trees on your property. Don’t forget to plan your deck for its view, and consider installing privacy fencing if you have neighbors nearby. Don’t forget to stain and maintain your deck to keep it protected from weathering; stain your deck every two to three years.
Call Horner for Exterior Painting
As always, if you live here in Northern Colorado, you can trust Horner Painting for a professional paint job that is sure to boost the value and curb appeal of your home. Horner Painting provides painting services for our neighbors throughout Fort Collins, Loveland, Greeley, Windsor, Johnstown, Wellington, Severance, and Timnath. Plus, we’re currently offering early bird specials for folks who schedule spring painting! Simply reach out to us today for an estimate on your upcoming painting project. We hope you’ll call on Horner for our painting services to make your home the talk of the neighborhood!