Amazing home additions that add quality of life value, House extension advice, Residential building expansion

Unique Home Additions That Add Quality of Life Value

9 July 2024

It is the season of home projects, and remodeling and renovating can be the most thrilling activity these days. Not only will these activities keep you busy, but they will also increase the value of the home down the road. However, not all renovations can increase the home’s value. In fact, some can even reduce the sale price. So, as a homeowner, what should you do?

This text will outline the form additions you need to do to improve living conditions and increase the home value.

Remodeling the Kitchen

The kitchen is the most popular room in the house and is one of the top three rooms that potential buyers are interested in when buying or renting a home. Many buyers or renters are looking for modern, updated kitchens with utilities that can facilitate their way of life.

According to Remodeling Magazine’s annual report, if you remodel the kitchen, you can expect to get 41.8% of your investment back. However, if you overdo it, you won’t be able to get that much money back; for example, adding a $90,000 kitchen to a $130,000 home wouldn’t be a smart move.

To save money on your kitchen remodel project, don’t replace the cabinets; repaint them with a fresh color or rephrase them to change their look. You can also install new cabinet doors, drawers, and hardware. They will improve the overall look of the kitchen.

Upgrade the Appliances

Another thing to do that will improve the quality of life in your home and then prepare it to sell or rent it for a more significant price is upgrading the appliances. For example, you can order new doors and panels to give the kitchen a more cohesive look. Also, consider replacing older appliances with new models that are energy efficient. Environmentally friendly buyers or renters will love this because these energy-efficient models will use less energy and are generally better for the environment. You can even qualify for a rebate through your local community.

Make the Bathrooms More Appealing

The bathroom is also one of the top three rooms in the home that can make or break the deal, and remodeling has been shown to recoup 66.7% of your investment, according to the same report by Remodeling Magazine. You can install new fixtures, re-grout the bathtub, and even add some plants to add brightness. Placing a new mirror and features can add light and transform the whole bathroom look.

Add a Deck

Adding a deck in front of your house can yield a higher return on investment. It increases the living area but costs less to build per square foot. If we talk numbers, you should know that a wooden deck costing around $13,000 will recall an average of 106.7% of its value at resale, while a composite deck costing around $19,227 will recoup an average of 122% of its value at resale.

Don’t Forget about the Curb Appeal

First impressions matter, and the first impression for every potential buyer or renter is the home’s exterior presented through the house’s curb appeal. You can easily take care of your home appeal simply by scrubbing your home siding, or you can go the extra mile and add a new walkway. Don’t think about expensive projects because even the most simple ones can be effective. For example, installing a new front door will instantly improve the home’s appearance. Next, you can prune the shrubs and surround bushes and trees with mulch or a finished look. If you want to add color, you can prepare flower beds with colorful flowers like geraniums.

Improve Energy Efficiency

As mentioned before, eco-friendliness and environmental consciousness are becoming increasingly common among new generations of buyers and renters. To meet their needs, try replacing old appliances that are not energy efficient with new ones. Installing Energy Star appliances and windows can help save money on heating and cooling costs. If you implement such appliances, you can also qualify for a green energy tax credit.

How Can Property Managers Help

Property managers are valuable experts whose knowledge and insights can help you determine what you should add to your home to improve the quality of life and increase the home value. They have a network of contractors and people dealing with innovations and can offer practical advice on what you should do. Also, they know the local building codes and can help you finish the remodeling project by being law-compliant. Finally, they understand the target buyers and renters and keep giving you directions on which updates you should prioritize over others.

Conclusion

You can do many things to improve your home’s living conditions and increase its value, but you should know which ones to prioritize. Follow the advice in this text and confidently start your home remodeling project.

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