No matter what kind of house you live in, whether it’s new or old, traditional or modern, it never hurts to take on a project that will add value to your property. If you ever decide to move and either rent or sell your current home, you’ll be glad that you took the time to raise your property values.
There are a wide variety of things you can do in and around your home that can significantly raise your property value. Some of these things require a fair amount of expertise, like building an addition, and some can be as simple as maintaining a beautiful garden. Let’s dive into some projects that can majorly increase your home’s value.
- Adding Rooms – Obviously adding square footage to your home will drive up your property values, but this can be a tricky thing to get right. There’s a lot that goes into adding on to your home. Chances are you’ll need to hire a general contractor in your area to make sure everything goes smoothly with an addition. Many people tackle this sort of project on their own, but unless you’re a professional contractor yourself, I don’t recommend it. There are too many things that can go wrong to risk doing this kind of project yourself. There are many ways to expand your home, whether you choose to add a sunroom, bathroom, bedroom, or garage. Depending on your budget you could add just about anything you can imagine on to your home.
- Erecting Another Building – Depending on how large your property is, you might want to add another building. This could be a separate garage, or an outdoor workshop, or a small apartment suite that you could rent out. There are lots of great reasons to add an extra building to your property, and a well-maintained garage, workshop, studio, or apartment could give a huge boost to your overall property value.
- Keeping a Manicured Lawn and Garden – This is something that will take a more regular commitment to keep looking nice, but a well-established garden, and a manicured lawn can go a long way towards making your property values soar. Adding in accessories like a trellis or pergola, seating areas, paved walkways, and sprinkler systems will all greatly improve the overall aesthetic of your home’s exterior, and in turn boost your overall property value.
- Replacing Windows – Depending on the age of your home, your windows could be causing a fair amount of energy loss for your home. To keep your property value high, you’ll want to make sure your home is energy efficient. One of the best ways to do that is to make sure you have modern windows that have a strong weathertight seal to keep your home a consistent temperature. This will keep your HVAC system from working more than it needs to, and bring your energy bills down each month. New windows can be fairly expensive, but they will bump up your property values significantly.
These are just a couple of ways that you can significantly boost the value of your home. Obviously there are many ways to keep your property value high, many of which just require keeping your home as nice as possible, but these 4 projects will add thousands to your overall property value.
There are many ways that you can increase your home’s value on your own, but some of the most significant alterations you can make will require the help of a general contractor in your area. Check the Better Business Bureau to find a reputable company near you. Most will give you a free estimate on whatever kind of project you’re looking at. With a little shopping around, you’re sure to find the perfect contractor for your addition, outbuilding, or window replacement.