5 Home Improvement Projects that Pay Off
1.Enhance Curb Appeal
Curb appeal is the first impression your home makes as someone walks or drives up to it. Common curb appeal boosts are:- Power washing
- Painting the exterior
- Landscaping and flower planting
- Building paths and walkways
- Installing outdoor lighting
- Fencing
- Upgrading windows
- Replacing old garage doors
- Updating door and window hardware
- Adding shutters and accent trim
- Modernizing the mailbox
2.Kick-start Your Kitchen
Kitchen renovations can be expensive, but many consider the space the heart of the home. That’s why it’s usually worth any upgrades you can manage, even if you can’t re-do the whole thing. Consider:- Painting the walls
- Upgrading appliances
- Installing modern countertops
- Re-facing outdated cabinet styles with new paint or stain
- Updating cabinet hardware
3.Expand Your Footprint
Add another “room” with an outdoor deck. Materials and structure can be as simple or as extravagant as your budget allows, and you can add features over time. For example, you may start with a simple deck, then add a roof, then screen it in.4.Re-do the Loo
Like kitchen renovations, bathroom renovations can be expensive. New everything—flooring, tub, shower, tile, sink, vanity, storage—can cost tens of thousands of dollars. If a total do-over is out of your price range, new paint and hardware can refresh your space without overwhelming your budget.
5.Upgrade Home Tech
Not so long ago, the idea of a “connected home” would make no sense to most of us. Today, many homebuyers, especially millennials, are looking for homes with smart systems connected to the internet. The advantage of smart systems is that you can monitor them from your smartphone when you’re not at home (no dashing home from vacation for a nuisance alarm.)Smart home upgrades are relatively inexpensive and include changes you can make one at a time:
- Thermostat
- Smoke and carbon monoxide detector
- Security systems, including doorbell cams and electronic locks
- Home equity lines of credit (HELOC) and home equity loans
- Cash-out refinancing
- Home construction and renovation loans