A home improvement is any change you make to your house, either inside or out. It can include remodeling or renovating a room, adding a deck or patio, painting or replacing the roof. However, it also can include simple projects like reorganizing your garage, creating an outdoor living space or adding storage to a closet. The key to a successful home improvement is identifying projects that add value, while serving the needs of the homeowner.
If you’re planning to sell in the future, it’s important to think about how your home improvements will impact resale value. While few projects recoup 100% of their costs, the right ones can increase the odds of selling at or above your asking price. In addition, certain home improvements can qualify for tax credits if they meet specific criteria. Courtney Klosterman, a home insight expert at the home insurance company Hippo, walks us through the specifics of which upgrades are eligible for tax deductions.
Whether you’re preparing to sell or you just want your home to look better, there are plenty of budget-friendly home improvement ideas you can try. Start with small projects, such as reorganizing your garage or installing a new front door, that will make a big impact on curb appeal. Then, move on to larger projects that will add functionality and appeal, such as a kitchen remodel or building an attic extension.
You can also consider ways to make your home more energy-efficient and eco-friendly, which will save you money in the long run. Replace old appliances with more efficient models and install solar panels to lower your utility bills. If you need help determining which project(s) will add the most value to your home, consult with a RamseyTrusted real estate agent. These local professionals are vetted to ensure that they’ll provide you with top-notch service and can help you decide which upgrades will make the most sense for your unique situation.
When it comes to home improvments, few things are more appealing than a well-maintained lawn and beautiful landscaping. Keep the grass mowed and shrubbery neatly pruned, and add colorful plants, such as geraniums, to your garden. You can also spruce up your entryway with details like house numbers, lighting and a letterbox.
Finally, don’t forget the importance of a clean and organized home. Keeping clutter to a minimum will not only make your home look bigger, but it can also boost resale value. Store supplies in a bin or cabinet, and use repurposed items like mason jars to hold pesky smaller tools and parts.