Whether you are painting a room in your house or converting an entire space into a new room, home projects can accomplish a lot. They can update the look of your house, making it more aesthetically pleasing and comfortable, as well as increase your home’s value.
The return on your investment can depend on several factors such as the value of the other houses near you, the quality of the home project and the current housing market. It is also important to keep in mind that certain projects have a higher return on investment than others. Read on to find out which projects are worth focusing on to increase the value of your home.
How to Improve Home Value
Here are five different projects that can improve your home’s value.
1. Kitchen Remodel
The kitchen is undoubtedly one of the most important and most frequently used spaces. It is also one area that tends to show age more than other areas of a house. Because of that, updated kitchens directly improve a home’s value.
For a great return on investment, you don’t even need to remodel the entire kitchen. Simple projects like adding a fresh coat of paint to the walls, painting or refinishing the cabinets and changing up the hardware are all inexpensive ways to spruce up this space.
2. Garage Door Replacement
Replacing your garage door doesn’t just improve your home’s curb appeal — it also adds to your home’s value. This is especially true if your garage door faces the street. If you are selling your home, it will be one of the first things buyers see when they come to look at your house.
In fact, almost all realtors who were asked in a survey believed that updated garage doors helped sell a home faster and also increased its value.
Today, it is easier than ever to find a new garage door to fit your budget and complement your home’s architectural style. Clopay® offers several garage door collections that feature everything from modern looks to carriage house styles, and we can help you select the option that will best work with your home. You can also upload an image of your home and see what different doors would look like with our Garage Door Visualizer tool.
3. Energy Efficient Windows
Regular windows, especially if they are drafty or single-pane, can negatively impact your energy bills. They can allow heat to escape in the winter and prevent your house from cooling down in the summer.
When you replace them with energy-efficient windows, you can add more value to your home. Buyers will be attracted by how much they can potentially save on their heating and cooling costs and will likely take special notice of your house.
4. Bathroom Addition
Adding a bathroom is a great way to add value to your home, especially if you currently only have one. You can easily transform spaces like a walk-in closet, an area under your stairs, an extra pantry or an area of your basement into an additional bathroom.
Depending on the size of your space, you can choose from a half-bath or full bath addition. Just keep in mind that each type has certain size specifications — for example, a stand-up shower will probably need around 30 square feet of space.
5. Adding Insulation
Just like energy-efficient windows, adding insulation to your home attracts buyers and adds value to your home because of the lowered heating and cooling costs.
Even simple projects, like sealing air leaks with caulking, impact how well your home holds hot and cold air. To improve your home’s insulation qualities, focus on key areas of your home where leaks tend to occur, such as:
- Around your attic hatch
- Around electrical sockets and light switches
- Around your doors and windows
- In the basement
Contact DistribuDoors for Garage Door Installation or Repairs
All five of these projects help to make your home more aesthetically pleasing, comfortable, and valuable to you and potential buyers.
If updating your garage door is a project you’d like to add to your list, we can help. At DistribuDoors, we have been helping homeowners throughout the Seattle area improve the look and value of their home with beautiful, quality Clopay doors. We can help with repairs of your current garage door as well, so contact us today for all your garage door needs.