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5 Smart Ways to Improve Your Home's Resale Value

As a homeowner, you know the value of your home is important. Whether you're thinking about selling your home soon or you plan to live there for many years to come, renovations that increase your home's resale value are a smart way to invest your money. While the real estate market often fluctuates, the updates that increase the value of a home typically remain the same. If you're interested in upgrading your home or have plans to put it on the market soon, these upgrades can significantly increase your home's resale value.

Increase Curb Appeal

It's great when your home looks beautiful on the inside, but the outside is what prospective buyers see first. Luckily, there are a variety of ways to improve your home's outdoor aesthetic no matter how large or small your budget is.

As more Americans embrace the value of outdoor living spaces, renovations to the outside of your home provide increased return on investment (ROI). Now would be the ideal time to invest in functional, attractive landscaping upgrades while dressing up the front entrance to your home.

 

Invest in Targeted Renovations

Renovating your entire home would likely cost a lot more than what you can afford. Still, updating some of the most important rooms can provide you with a great ROI. There are many renovations that can make any room in your home more beautiful, but few rooms look outdated as quickly as the kitchen or bathroom. If a major remodel seems way out of your league, consider investing in a few options that make a big statement. Instead of remodeling your entire home, consider these targeted renovations.

Major Kitchen Remodel

In 2018, 58% of homebuyers said having their preferred style of kitchen was very important to the home buying decision. A major remodel might include all new appliances, changing the layout, replacing cabinets and countertops, and even replacing the floor.

Minor Kitchen Remodel

Instead of spending more than you can afford, invest in what matters most. A minor remodel can include a fresh coat of paint, new cabinet fronts or hardware, new matching appliances, updated countertops, or improved lighting.

Bathroom Remodel

If you can afford a complete bathroom remodel, a new tub, tile, fixtures, lighting, storage space, and flooring are important in this high traffic room. If you're saving money, invest in function like lighting, storage space, and new faucets. You can also improve the appearance with fresh paint and targeted spaces for tile.

Improve Your Home's Safety with Impact Windows and Doors

Home buyers are looking for more than a pretty house for the lowest price. Safety is a vital feature of any home. It's no secret that investing in new windows and doors can improve the appearance and value of your home. If you're upgrading, impact windows and doors provide a wealth of benefits compared to traditional doors and windows. Here are a few of the reasons impact windows and doors interest home buyers.

  • Safety: Whether you're facing dangerous weather or a potential intruder, impact windows and doors provide an extra layer of protection.
  • Low maintenance: With durable frames and tilt-in glass, these modern windows are all about easy care.
  • Reduced energy costs: With custom options like insulated glass and specialized tints, impact window can help you save on both heating and cooling costs.
  • Insurance savings: Increasingly often, homeowner's insurance providers offer discounts for modern safety features.
  • Noise control: Impact windows have thicker glass and insulation than traditional windows.
 

Take Care of Necessary Repairs

Most people seeking a new home don't have the money to make significant repairs right after moving in. If your home is in a state of disrepair, or major appliances or systems aren't working properly, buyers are more likely to pass you by. These are some of the most important repair costs that will send buyers running the other way.

  • Roof repair or replacement
  • Plumbing issues or leaks
  • HVAC age or problems
  • Ancient appliances or water heater

Enlarge Your Borders

Bigger homes are worth more money. If you want to increase your home's resale value, adding more space is a great way to do it. Increasing your living space might seem like an expensive option, especially if you're planning to sell soon. However, with a little creativity and a high ROI, there are many affordable ways to make your home bigger. Consider these options for a variety of home improvement budgets.

  • Make it look bigger. Removing a wall between the living and dining space can be a great way to add open airy space to the inside of your home.
  • Try small but mighty add-ons. Adding an extra bathroom or bedroom could make all the difference when it comes to convenience in your home. Alternatively, you could renovate an attic or basement to provide additional space.
  • Expand into the great beyond. Outdoor living space is more popular than ever. Expanding your space with a new deck, patio, or even an outdoor kitchen can do double duty by providing additional curb appeal and extra living space.
  • Increase storage space. Cluttered homes feel smaller than they really are. If you can't afford to expand your home, focus on increasing the functionality of the space you have.

Investing in home improvements and renovations provides you with a great way to enjoy your living space in the present and reap the benefits in the future. Functional improvements offer some of the highest returns while also working to make you life easier and keep your family safe. They also provide great selling points when talking with young homeowners who don't have a lot of funds to invest in necessary home improvements. Whether you invest in upgrades for yourself or to make that big home sale, take care to spend your money on the things that matter most.

To learn more about the important features of impact windows and doors, get in touch with AOA Construction today. Our team is always available to answer questions, schedule an appointment, or provide a free estimate to meet the needs of your home and family.

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