Thinking of selling your home sometime soon or just want to protect your investment? There are many ways to increase your home’s value in today’s market. Some are inexpensive and cosmetic while others provide more functionality and efficiencies in the home. If you’re looking to make some improvements, here are four ways to increase your home’s value.
Increase your home’s value through home improvements.
Window Replacement
The top home improvement trend today is all about adding efficiencies to the home. One of the best ways to do this is by replacing those old drafty single-pane windows with new energy-efficient ones. Energy Star claims that adding these types of windows to your home can save you up to $500 per year on energy bills. Did we mention that there are often rebates and tax credits when you do these kinds of upgrades? That’s a tough thing to pass up!
Door Replacement
Your front door holds more power than you realize as it’s one of the first things that people see when they arrive at your home. First impressions are key and replacing the front door on your home will not only improve the home’s curb appeal, but it will also make it more efficient. Better building materials and stronger seals mean that you can say goodbye to worn out and ill-fitting doors. Another plus to this upgrade is that is isn’t very expensive.
Roof replacement can increase the value of your home.
Roof Replacement
While you may not recoup the entire cost of a roof replacement when you sell your home, the cost of damage by not replacing a failing roof can be catastrophic. Aside from this, there are some pretty amazing roofing products on the market today that make this home upgrade almost irresistible. The GAF Weather Stopper roofing system is a lifetime roof that provides the best protection against leaks and helps to save on energy costs. The Dow Powerhouse solar roofing system is a revolutionary roof replacement option that can eliminate up to 100% of your electricity bill. There are state incentives for solar roofs in both Rhode Island and Massachusetts for this money-saving option.
Quick Fixes
Other quick fixes that you can do to increase your home’s value that won’t cost a lot of time or money include such things as interior painting, upgrading plumbing fixtures, and changing out cabinet hardware. Lighting and storage also play key roles in how your home is presented, which has everything to do with value. See what you can do to reorganize your home’s storage spaces and add light to dark and dreary areas.
There are many ways that you can upgrade a home to add value. Undertaking upgrades that make the home more efficient is definitely the trend and the type of improvement that is appreciated most by potential buyers. In fact, research published by The Appraisal Journal estimated that energy savings adds twenty times the annual savings to the value of your property. So, when choosing upgrades to increase your home’s value, don’t be afraid to think Green. If you have any questions about how you can increase the value of your home through upgrades, contact us online or call 1-800-975-6666 to get a free estimate.