Many projects do add value to your home and improve your family’s quality of life. By doing these projects now, before you move, your family can really enjoy them. Here are a few ways to increase the value of your home.
Remodeling the Kitchen- The kitchen is usually considered the heart of the home because it is the general gathering place when you are entertaining. By updating your kitchen, you can recoup 60-120% of your investment as long as you don’t go overboard.
Bathroom Addition- If your home only has one bathroom, consider adding an additional one. Adding an additional bathroom, you can recoup 80-130% of whatever you spend.
Reinventing a Room- Adding more square footage to your home with a new room can be an incredibly expensive project but you can recoup 50-83% of what you spent. However, if you reinvent an existing space in your home you can save money. Consider finishing your basement or turning your attic space into a bedroom.
Add Energy Efficient Windows- Old drafty single pane windows are a major turn off when your home is on the market. Energy Star can save you up to $500 a year in heating and cooling costs. You can also expect to recoup 60-90% of your costs.
Deck Addition-Adding a deck to your home increases the value of your home. Outdoor living spaces have become more desirable, especially when people stay home for vacation. If you decide to add a deck addition you can recoup about 65-90% of your investment.