Top 5 Home Improvement Projects that Add Value to Your Home In the Tuscaloosa and Birmingham Area
Your home in the Tuscaloosa and Birmingham area truly becomes your own not when you sign the deed, but after you customize it to your unique lifestyle and needs. However, many home improvement projects don’t add value to your home; some can detract from the asking price when you decide to sell. On the other hand, there are some projects can add significant value to your home.
Below are some helpful tips for home improvement projects that increase the value of your home and improve its functionality and happiness quotient. Here are the top 5 home improvement projects that add value to your home in the Tuscaloosa and Birmingham area:
1. Remodeling the Kitchen
Most people consider the kitchen to be the heart of the home, and because of this, updates in this area pay off. According to HGTV, you can expect to recoup 60%-120% of your investment on a kitchen remodel, as long as you don’t go overboard.
If you don’t have enough funds to do a complete remodeling to your kitchen, consider this Best Tips for Kitchen Organization that will also transform your home kitchen and add value to your home in the Tuscaloosa and Birmingham area.
2. Bathroom Addition
If your home in the Tuscaloosa and Birmingham area has one bathroom, you can recoup a large chunk of your investment by adding another one. Bathroom additions return the most, according to Remodeling magazine's report — an average of 86.4 percent.
When it comes to finding room in your house for an extra bathroom, take a look at any extra rooms or underutilized spaces.
If you are thinking about remodeling your bathroom, consider these key points: First, don't spend money remodeling the bathroom if it's the only one you've got. Many people love the charm of older homes but some older homes lack a sufficient number of bathrooms. So if you've got a three-bedroom, one-bath home, it's certainly going to pay to add a second bathroom.Second, if you're not planning to move in the near future, spend your money remodeling your bathroom in a way that you'll most enjoy.
Also Read: Bathroom Remodeling 101
3. Reinventing a Room
Adding more square footage to your home with a new room can be an incredibly expensive project.
Reinvent the existing space in your home to save money. Finish a basement, or convert the loft space to a storage space.
These 5 Ideas On How To Use Your Loft Space In The Tuscaloosa And Birmingham Area will give tips and ideas in transforming your loft space to add space and value to your home in the Tuscaloosa and Birmingham area.
4. Basic Updates
Newly-remodeled kitchens and added baths lose their glamour if there's water in the basement when a potential buyer comes to look at your house in the Tuscaloosa and Birmingham area. If buyers know they don't have to spend money on the upkeep of basic updates in a home, then they're more likely to buy the house and consider upgrading the kitchen or baths themselves. More than 70 percent of buyers who purchased existing homes knew what they were going to remodel before they even closed on the deal.
Also Read: The Do’s and Don’ts of Basement Finishing
Your first priority should be keeping the existing structure sound. Basic updates add the most value to your home. Keep the paint fresh, fix the roof when it leaks, replace wood that rots and get rid of any mold that you find. These projects keep your home in the Tuscaloosa and Birmingham area in tip-top shape so that when you do decide to try and sell, buyers will see a well-cared-for home.
5. Boost Curb Appeal
If a home buyer drives by your home and is not impressed with the outside, then they're not going to give your home in the Tuscaloosa and Birmingham area a chance. You have to convey a sense of welcome. If all you’re remodeling is on the inside but the outside of the house is challenging, you'll never have a chance to even show the inside.
Curb appeal is a major reason that siding replacement ranks high on the Cost vs. Value report. Siding offers the added value of being low maintenance, an important issue for cost-conscious buyers.According to Remodeling Magazine, siding replacement recouped 92.8 percent of its cost. Replacing roofs and windows were also high on the list, returning 80 percent or more at resale. Our list showcases the top 5 home improvement projects with the best return on investment. But if you don't need a new windows or siding, save your money for another project that your home needs.
Read our Top 8 Ways To Improve Your Home’s Curb Appeal In The Tuscaloosa And Birmingham Area to get you started.
For some homeowners, home improvement isn't about return on investment- it's simply about making dreams come true. Even if you get less than 100 percent of your money back, you're really ahead of the game over time because you get the use of all that space and enjoy the improvement you applied on your home in the Tuscaloosa and Birmingham area.
These home improvement projects do add value to your home and improve your family’s quality of life. By working on these projects now, you can enjoy the benefits and updates while increasing the value of your home in the Tuscaloosa and Birmingham area.
Looking for more home improvement projects? Check out more at: DSEAYCOM Homeowner Tips and Blog
At DSEAYCOM, we’re happy to answer any questions you have about buying and selling in the Tuscaloosa and Birmingham area. Call us now or feel free to share our contact information with someone you know that needs expert help buying or selling their home in the Tuscaloosa and Birmingham area.
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