As a property owner, you realize the need to ensure your property's safety, structural integrity,…
With the increasing labor cost, construction materials, and project financing, it is hard to remodel a house completely. This is one of the reasons to opt for property improvements rather than home remodeling. While as property ages, it starts with significant issues like water damage, electrical wiring, mold, etc. Hence, the most important thing to consider before getting onto any remodeling or home improvement is choosing one of the best home inspectors in Phoenix. With their help, you shall inspect your home and search for more flaws that might not be evident before.
Once you are done with this, you can implement home improvement trends that can undeniably increase your property value. This article will introduce you to some new home improvement trends that can profit from increasing your property value.
Garage Door Replacement
A new garage door increases curb appeal and upgrade the house’s look. A four-section steel door with foam insulation and insulated glass windows running the top panel length is famous nationwide. The average project cost is $4,041, which is slightly lower than the cost of the previous year that was about $4,000. According to Remodeling data, the return percentage is still high at 93% of costs, even though this is 1% lower than last year.
Make Your Home More Energy-Efficient
A wise strategy to raise the value of your property is to undertake projects that reduce utility costs. For instance, installing a smart thermostat can increase efficiency and reduce costs.
Technological investments make a home more appealing to buyers and highlight its general comfort, usefulness, energy efficiency, and ease. With the correct smart thermostat, a homeowner may manage energy costs by controlling the temperature of their home from any location, whether relaxing on the sofa or traveling. This is especially true when connected to the HVAC, the most powerful system in the house.
According to Fixr, this quick upgrade can cost anywhere from $200 to $500, or an average of roughly $300. Furthermore, installing energy-efficient appliances, adding insulation, and replacing old, leaky windows are other ways to improve your home’s energy efficiency and value. However, keep in mind that installing new appliances and windows would be considerably more costly.
Update Your Kitchen
Since the kitchen is frequently the central focus of a house, it might eventually affect how much money you make from a sale if it’s outdated. Similarly, you won’t be making the most of the area if your kitchen’s design, available space, or other factors you won’t be using it to its maximum potential.
You’ll need a lot of money for this undertaking, and you probably won’t receive every penny back. The average kitchen remodels costs about $80,000, and a homeowner would probably get about $60,000 in value when it comes time to sell, according to the NAR/NARI research.
If remodeling your entire kitchen is too much work, a minor update, such as coordinating appliances or adding contemporary cabinet hardware, could still increase the value of your house. Consult a real estate agent to determine what makes the most sense and will fetch the highest price from potential purchasers.
Add A Fresh Coat Of Paint
Painting or wallpapering were one of the most well-liked home improvement jobs in 2022, according to Angi. Even outdated exteriors and interiors may look new and modern with a fresh coat of paint, and it’s not that expensive, either.
Repaint any rooms that have an “unusual” color scheme first. How much money you have to spend lets you decide which rooms you want to paint. For instance, HomeAdvisor estimates that painting a bathroom, often the smallest room in the house, will cost between $150 and $350 while painting a 330-square-foot living room might cost up to $2,000.
Painting a fresh coat is also a requirement for every home after every 4-5 years. This eventually gives the house a new, fresh look and even attracts buyers who are more into flipping homes.
The same as your kitchen, your bathrooms are frequently used. A dated bathroom will appear old and untidy, which may prevent potential buyers from seeing your home. And so a new porcelain-on-steel tub with ceramic tile, the addition of standard toilets, or the installation of a vanity with storage is all excellent upgrade possibilities.
Bathrooms can have various concerns, such as mold and mildew from poor ventilation or problems with the hot water supply from old heaters. You can search for these with a home inspection in Arizona and have a better view of the problem. Also, these issues may result in expensive repairs or violation of your rental agreement. However, building a bathroom might be a wiser financial decision than making minor repairs here and there.
Replace the tub, toilet, sink, or vanity to start. Bath time will be more enjoyable with a new shower head, and your house will be worth more.
Complete bathroom renovations can boost a home’s value by 10–40%, depending on the style of finishes used and whether you include popular additions like a bathtub or extra toilet.
Vinyl Window Installation
According to a Remodeling report, the top five national renovations with the best return on investment include new insulated vinyl windows. This renovation increases the home’s energy efficiency and curbs appeal. The national average cost is over $20,000, with 68% of the value recovered.
Boost Your Curb Appeal
Simply put, what sells your house is its exterior. You can enhance the appearance of the house and its curb appeal by remodeling your front entrance or garage door, investing in an exterior paint job, or improving the front yard landscaping. According to studies, painting your home’s exterior before putting it on the market might result in a return on investment of up to 51%. Additionally, enhancing curb appeal and making your listing images stand out increases your home’s commercial viability.
Changing your front door is a straightforward approach to improving your house’s curb appeal and value. Make sure it creates a positive first impression because it will be one of the first things visitors or potential buyers will notice.
Lastly, new landscaping for your front yard may help your home look attractive and modern, and it doesn’t have to be expensive or extensive.
Home inspection in Phoenix, AZ, is the best way to get a better picture of your house. With our certified home inspectors, Advantage Inspection Service can help you have a clear image of your home and later think about significant improvements that can upgrade your property’s values.