Many times, we expect that certain home improvements will be instant winners with home buyers. But some renovations could actually do the opposite and make matters worse. For instance, having a beautiful water garden or pool might seem like a no brainer to some, but to many home buyers, all they will see is how much they’ll have to pay on maintenance. However, there are some renovations that will be a winner with any conscientious home buyer and will instantly increase your home’s value. Here are a few of them.
Replacing your roof is one of the best investments you can make if you want to increase your property’s value. Knowing that the roof is brand new will be music to the ears of most savvy buyers and can be a huge selling point. Knowing that they won’t have to spend money on something as major as a new roof for as long as they’ll be living there in some case is a major plus no matter the circumstances.
However, you have to make sure that you don’t spend too much on the roof either. This is a good option if your roof is on its way out. In some cases, basic maintenance and repairs could be a good option as well. You should consult with a reputable company like First American Roofing if you want to know what the best option would be to increase your home’s value and what would need to be done immediately. They might have other solutions that could increase the value of your property besides roofing as well.
2. Energy Efficient Windows
People are becoming increasingly energy conscious, and the prospect of being able to save on energy costs while reducing their carbon footprint can make energy efficient windows very attractive to them. And not only will you be able to recoup most of the costs of installing energy efficient windows through the sale, you’ll also be eligible for tax rebates if you install energy star certified windows.
3. Adding a Deck
Try to keep the backyard as clean and simple as you can. People have different ideas of what a perfect yard should look like, and want to be able to build their own. However, what seems to be a winner with most is adding a deck. Not only that, but adding a deck can be one of the cheapest home renovations you can make. You could even DIY it if you have the skills. Adding a new deck could cost you between $1200 and $10000, making it one of the renovations with the highest return on investment you can make.
If you want to increase the value of your property, or want to sell a property that has been on the market for a while, then these are all sure winners. Make sure that you consider which option would be the best, and always stay aware of how much you’ll be able to recuperate in terms of property value.