Top 8 Home Improvements That Boost Property Value

  • Posted by: Tropical Homes
  • Category: blog

Investing in a home is a long-term project. Whether you plan to rent it out or sell it after a few years, having made some home improvements can boost your property value by a good margin.
This blog will explore the top 8 home improvements that can boost property value and give a good return on investment (ROI).

1. Kitchen Renovation

Kitchens are one of the most important spaces in your house. By renovating your kitchen, such as installing modern appliances and amenities, you can enhance your cooking experience. Not only does it look better (aesthetically pleasing) but it also boosts your property value too.
Other features such as dishwashers, upgraded sinks, cabinets, and drawers, or even a new stove can be a lot more convenient too.

2. Smart home technology and appliances

Smart home appliances such as smart lights, air-conditioning, and smart home security systems are cost-effective ways to improve your home. These appliances usually require less energy, saving your overall electricity bill.

Smart lights are now easily available and have a voice-control system and app support that you can use to illuminate your home more comfortably. Also, these lights are better than traditional bulbs, as they last longer and save energy too.

Smart home security systems such as doorbell cameras not only ensure your safety but also help you monitor your home in your absence.

3. Bathroom renovation or upgrade

Renovating your bathroom is not easy, but you could upgrade it by installing new fixtures and lighting. A new fixture such as a mirror, bathtub shower head, or a new energy-saving light could be a good option. You could also try new paints that go with the aesthetics of your bathroom.

4. Refurbishing

Applying a fresh new coat of paint can transform the look of your entire home. You can easily change the look, feel, and aesthetics of your house by simply repainting or choosing new colors for your walls and ceilings to refurbish your home.
Apart from that, you can also improve your home by repairing and cleaning it; for example, repairing an old wall, cleaning out damps on the walls, and repairing them or fixing leaks.

5. Accessories and New Furniture

Accessorizing your home can be a nice option too. Accessories such as wall paintings, wall mirrors, pottery, or terracotta can make your home more appealing. Strategically placed mirrors with proper lighting can also make your house look bigger and more spacious.
Modern furniture these days is more customizable and adaptable, which helps to make them space efficient. Foldable furniture helps to save a lot of space that could be used for multiple purposes.

6. Remodeling roof or basement

Roofs can be upgraded or remodeled by making them more eco-friendly, like using potted plants to enhance the ambiance. Roof gardening is pretty popular these days, as it not only is a hobby but the freshness also helps to keep you healthy. Or, you could turn your roof into a nice, cozy space with a pleasant seating arrangement.
You can also opt to renovate or remodel your basement by turning it into a family space like a home theater or your personalized gym. Or, if you live in an apartment, you can turn a portion of it into a small shop selling essentials. This can bring a good rent and can be a decent side hustle.

7. Small-scale landscaping

In the front of your house, you can do small-scale landscaping by simply using some potted plants, shrubs, or short plants. You can also decorate it using nice stones that add to the ambiance and value of your home.

8. Energy efficiency

As mentioned earlier, using energy-saving appliances can be extremely energy efficient. Choosing energy-efficient upgrades helps lower utility bills and supports a more sustainable lifestyle. Installing an HVAC system, using energy-efficient appliances, and replacing and fixing leaky walls, windows, etc, can help boost energy efficiency.

Conclusion

Home improvements take time and energy, however, they are worth it in the long run. While some upgrades may be a little costly, it’s better to plan ahead and allocate the budget accordingly. This is why you can opt for small-scale improvements such as fixing and repairing that can help ease the finances.

Before selling or renting your home, it is advisable to do some homework improvements according to the market trends so that it becomes a beneficial investment for you.

AUTHOR:
Tropical Homes