5 Tips for Improving Your Home’s ROI

Few things make a homeowner happier than improving their home’s return on investment and making it more valuable. This is evidenced by the fact that in 2018 alone, Americans spent roughly $394 billion on making home improvements. Read on to see five tips that can help you improve your home and get more money out of it if you decide to sell it.

1. Fix the Roof

Since a new roof can add anywhere from 15% to 40% to your home’s value, it’s clear that this should be one of the improvements to make. If you’ve noticed leaks and the roof’s lines don’t run straight, you should call in an expert roof contractor to have a look at it. These are both signs that the roof may be at the end of its lifespan, so you should consider replacing it before it fails. If the issues are more topical, such as seeing a few missing or curled shingles, then you can do with simply having the roof repaired. Don’t forget that cleaning your roof with every seasonal change can help improve its lifespan and make it easier to see issues that need to be fixed.

2. Update the Foor

The floor of your home serves as the backdrop against which everything else sits. It’s important to have it in good condition, so if the one you currently have is worn and old, add repairing it to your to-do list. If you feel like it can still serve you for another few years, then simply repair any issues by cleaning and replacing or fixing worn and missing parts. Otherwise, you could upgrade to hardwood flooring, which will make your home a lot more valuable and easier to sell if you ever think of putting it on the market.

3. Maintain the Appliances

Another valuable home improvement you should think of making is servicing the appliances. A home’s efficiency is often based on how well the appliances inside it work, so keep them well-maintained to avoid costly and unexpected breakdowns. Whether you have central air conditioning, which 65% or 72 million other homes have, as was found by the American Housing Survey and the United States Census Bureau, or a window or room unit like 22% of homes, it’s important to have a technician service it. This will keep it in a good state and you will enjoy the cost savings you get all-round.

4. Remodel the Kitchen and Bathroom

The kitchen and bathroom are two of the most popular spaces in any home. This makes them very valuable improvements to work on. For the kitchen, you could replace the cabinets or give them a refresh if they’re old and add extra storage if what you have isn’t enough. Painting it will also improve how it looks, as will replacing old and worn trim. For the bathroom, you could add more storage as well if your family’s needs have expanded over time. Ensure that there’s room to keep clean and dirty towels as well as extra toiletries.

5. Work on the Landscape

Finally, your home’s landscape is one of the first things that people see when they approach your home. Working on it could therefore boost your home’s curb appeal and enable you to enjoy spending time outdoors or having guests over. Start by pruning any shrubs and trees around it so that the house is clear of potential hiding spots. Also, think about adding lights so that you improve your home’s security and also make it possible to enjoy spending time outdoors until late.

These five tips should make it easy for you to improve your home’s return on investment and also make it more comfortable for you and your family to live!