When homeowners learn that they can boost the value of their home by up to 10 percent by making one modification, it’s easy to become too excited. Even though that may be the average, it doesn’t mean it’s right for your home.
So what are the most sure-fire projects to help boost your home’s value, especially if you’re looking to sell? Well, here’s a list of five home improvement projects that will increase the value of your home.
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1. Add a Pool
If you live in an area where there is no pool or hot tub available, then this project might not apply to you. However, if you do have access to either and would like to add them to your property, then consider adding a swimming pool.
It could cost anywhere from $10,000 to $20,000 depending on how big you want yours to be. If you don’t know much about pools, hire someone who does because it takes some experience to build a good-sized pool.
2. Add a Bathroom
If you currently only have a couple of bathrooms but plan on having children or additional family come to stay at some point down the road, then you should definitely think about adding another bathroom to your house. This way when kids come along, you won’t need to move out!
3. Basement or Loft Conversion
A basement conversion isn’t always necessary, however, many people find that they enjoy living in basements more than other areas of their houses. They also tend to get better deals on selling as well since they aren’t considered “finished space”.
So if you feel comfortable living in a basement or loft, then why not convert it into something useful? You could even rent it out so you make money off of it without spending any extra cash.
4. Remodelling Existing Rooms
Remodeling is the easiest option of all. Remodel existing rooms such as kitchens or bedrooms.
The best thing about doing this is that you can save yourself thousands of dollars which you can use towards other things. For example, instead of buying new furniture, you can buy used items at garage sales or thrift stores.
5. New Siding
Another great idea is to paint your exterior walls. Not only will this give your home a fresh look, but it will also improve its curb appeal.
Plus, it makes your home easier to clean. So if you’re thinking about selling soon and looking to increase home value, getting new siding is a must.
Many More Home Improvement Projects are Available
Remember, these aren’t the only five home improvement projects. There are dozens more that may be better suited to your home. But these ideas should inspire you to start planning now.
And remember, make sure any work you do is to make your home better for you, not someone else. It’s your home after all!
Take a look at our other articles for more advice and ideas for home upgrades and home improvement tips!
Biswajit Rakshit is a professional blogger and writer. He loves to write on various topics.