One of the most common questions homeowners have is whether they should upgrade the inside or outside of their house. The answer to this question will depend on certain factors, such as budget, lifestyle, and desired outcome. To help you decide which option is best for you, let’s look at some pros and cons for each.
1. Personalize Your Space
Upgrading the inside of your abode is a great way to personalize the space and make it more comfortable. Wallpaper, paint, and other decorating elements can drastically change the look and feel of a room to your liking. Utilize your favorite color and paint an accent wall or even the entire room. Consider adding a few mirrors to create the illusion of having more space and light in some rooms. For instance, covering one wall with a mirror will instantly make the room appear twice as deep.
2. Increase Value
You can upgrade the outside of your home to add value to your property. Landscaping is an excellent way to upgrade your front and backyard while adding a walkway or patio can create an inviting outdoor living space. If you’re looking for a more permanent solution, consider investing in a new roof or septic tank. Sewer tanks are installed in more than 20% of homes in the United States and can save homeowners money on water bills and improve water quality. Installing a new roof can raise your home value by up to 7% while protecting your home from the elements.
3. Return on Investment
When deciding whether to upgrade the inside or outside of your house, consider the return on investment (ROI). Upgrading the interior can be cheaper, easier, and doable during any season. Inside upgrades that are in demand with good ROI are cabinets and granite countertops. On the other hand, landscaping can help increase the value of your home, and new siding or a roof can make the property more attractive to potential buyers. 62% of landscaping customers come from single-family residential homes, so expect potential buyers to look for well-maintained gardens, patios, and other exterior features.
4. Preserve Energy
Additionally, making small changes like replacing old appliances or adding storage solutions can help to improve energy efficiency. A few quick and easy DIY upgrades can make your space look more modern and reduce energy costs. Start by replacing your windows and doors with energy-efficient materials, like double or triple-glazed glass. Installing ceiling fans can also help reduce energy costs by circulating cold and hot air in the summer and winter months.
5. Increase Visual Appeal
Upgrading the outside area is a great way to increase its curb appeal and make it stand out from the rest of the neighborhood. Consider replacing outdated siding, installing exterior lighting, or investing in landscaping for a more attractive look. You can also make use of special features like fountains, pools, and decks to create a unique atmosphere that will attract attention while providing an enjoyable outdoor experience.
6. Tax Savings
Making certain updates can give homeowners a tax rebate or savings, depending on the specific project. For example, energy-efficient upgrades such as HVAC or solar panels are often eligible for certain tax credits and rebates from the government. It’s best to research and find out which improvements qualify for a tax break in your state before investing in any major projects. It’ll help you save money in the long run, while also making your home a better and more attractive place to live.
Your home is a constant part of your life, so invest in it wisely. Whether you choose to upgrade the inside or outside of your home, take the time to find the best solution for you. Contact our team for more details on what upgrades are best for your home.