Ways to add value to your home.
Whether you’re considering small DIY projects or calling in a wrecking ball, making improvements to your home will make your living space more comfortable while providing long-term value to what is likely the biggest investment of your life.
Add curb appeal. First impressions matter. Giving the front of your home a little TLC will show that you take pride in where you live. Here are some affordable ways to spruce up your yard:
Repave your walkway and/or driveway. Safety is important, and potholes and broken pavers are dangerous eyesores.
Give your front door a fresh coat of paint. Try adding a pop of color. While you’re at it, power wash your house.
Landscape your lawn. Get rid of low spots and ragged patches of grass. Have your trees trimmed and walkways edged.
Update your kitchen. Prospective buyers often dash to this room to determine if they like the house. While a full update may seem daunting, some basic renovations don’t have to be as pricey as you may think.
Cabinets are one of the most expensive things in a kitchen. Rather than buying a new set, reface your current cabinets for an instant upgrade. Add a fresh coat of paint and some new hardware and your cabinets will look like new.
Brighten your bathroom. Like the kitchen, the bathroom can be a deal breaker when potential buyers come through your door – and it’s an easy space to remodel without going over budget. Install new fixtures, grout the shower or brighten up the room with some paint. These small improvements can be a really smart way to spend your money.
Convert your attic. According to Remodeling Magazine, converting your old attic into a bedroom can give you a return on investment of 83 percent – making it one of the best ways to get bang for your buck.
Of course, this can require a substantial investment (U.S. Money estimates attic renovations can cost upwards of $50,000), but in some cases, it may be your best option. Many families are experiencing renesting from elderly parents or adult children. Converting your attic will give you more space without having to add to the foundation of the home.
If you’re looking to remodel your home, let’s talk about a home equity loan, home equity line of credit or personal loan. To learn more, connect with a Northwest professional today by phone at 1-877-672-5678 or visit our personal loans page.