Wondering how you can improve your everyday life at home without draining your bank account? While some home improvement projects can have up-front costs, you may be surprised to know that the money you spend increases your home’s value should you choose to sell in the future. These three great renovation projects will enhance your everyday life at home, while simultaneously boosting your home’s overall value.
1. Switch to Solar
One of the smartest upgrades you can make to your home is the installation of a solar power system. The price of solar panels for home electric systems has become much more affordable in recent years, and installation is quick when done by the professionals. No matter where you are in the world, you’re able to harness the power of the sun to create a lasting source of clean, renewable energy.
Switching to solar actually pays for itself in the long run in the form of massively reduced energy bills. Not only is this renovation project great for reducing your monthly bills, it also is an attractive selling feature for your home – there really is no better way to make your home stand out from the rest of the market. Furthermore, using solar power reduces your carbon footprint, allowing you to feel confident that you’re making a smart move both for yourself and for the environment.
2. Add Outdoor Living Space
In recent years, real estate experts are seeing a high demand for homes that have dedicated outdoor living spaces. You might be surprised to know that adding outdoor living options to your home can provide you with a full recovery on your initial investment. The best way to do this is by installing a new patio in your backyard. There are many materials to choose from but try to stay away from standard concrete. Using brick or irregular flagstone is a much better option because it allows you to add variety and interest to the patio – it’s simply more attractive than a generic concrete slab patio. If you are set on choosing concrete, though, upgrade to stamped and stained concrete for a unique look. To get the most bang for your buck, customize the patio by adding outdoor lighting so that your family is able to enjoy the patio after dark. You could also consider adding a small fire pit area to provide some extra light and warmth, creating a cozy space for outdoor relaxation and enjoyment.
3. Increase Curb Appeal
There are several great ways to enhance the curb appeal of any home, but if you’re looking to improve your home’s value, it’s important to choose the right projects. One project that’s a home run every time is the installation of a new garage door. It makes sense that this project is great in terms of return on investment – your garage door is a significant component to a home’s overall curb appeal and it also serves to protect the contents of your home. If you choose to take on a garage door renovation, make sure that you choose a style that goes well with the appearance of your home. In addition, remember to add some special touches, such as hammered iron hinges and handles, to add a little extra character to the door.
Another great curb appeal-boosting renovation that provides an excellent return on investment is the installation of stone veneer. Adding stone veneer to a home’s façade provides instant character, richness and charm. This is a project that you’ll be able to do yourself if you’re handy, but don’t worry if you need to hire a professional to do the job, since this project is proven to increase your home’s bottom line.
Don’t hesitate to make a smart investment by improving your home, both inside and out. Follow these tips and you’ll feel confident that you’re choosing value-adding improvements that will enhance both the appearance and function of your home.