Benefits of Home Improvements
Why do we do home improvements? Do we do them for ourselves, to increase the value of the home, or are we just forced into it because of a problems? There are a lot of Benefits of Home Improvements, below are a handful:
There are all sorts of reasons to do home improvements, but have you ever wondered how they might actually add value to your home? On the exterior, a patio or landscaping may improve the curb appeal. For interiors, a new kitchen or new bathroom may be one of the best ways to increase the value of a home.
New Bathrooms
A new bathroom will increase the value of your home, especially if you had an old bathroom with pink wall tiles and with a purple toilet and bath tub. Unfortunately, new bathrooms are expensive. A bathroom can run between $5,000 to $15,000 on average. Click here for more information on bathroom remodel costs. But according to RealEstate.com, a new full bathroom can add around 20 percent to a home’s value. If you spend a lot of money on an exquisite bathroom, you may not recoup the cost. But if you update and improve existing bathrooms at a low to mid-range level, you not only increase your chances in selling the home but also getting more money for your home.
New Kitchens
One of the most popular room in the house, is of course the kitchen. Friends and family love to congregate in the kitchen and talk and catch up. The average kitchen remodel cost will be around $20,000 to $30,000. The costs will increase based upon the types of finishes you choose. Click here for some more examples. For example, tile is commonly cheaper than granite. However, granite is highly coveted on the home market. So, the fixture and finish decisions will impact the future value of your home.
Landscaping
Flowers, dirt, and plants seem kind of simple, but they make a big difference for the curb appeal of a home. Many people shopping for a home drive around neighbors looking at the exterior of homes. If the home’s curb appeal is not attractive, then a potential purchaser may just keep driving and not even give the house a chance. Landscaping costs can range from $1500 to $5000 on average. Click here for more details. Sometimes a few flowers and plants can make all of the difference to a home.
No matter why you do home improvements to your home, think about how they will impact the value of your home in the future. Sometimes a quick fix, may cost your more in the long run than doing it well the first time.
