Whether you are planning a renovation or looking to improve your current home, it’s important to know what to expect before you get started. Thankfully, there are a number of ways to get the most bang for your buck.
Among the more popular improvements are landscaping and fence construction. The two can yield a return on investment (ROI) of up to 1,000%.
Other improvements to consider include replacing rotting boards and broken pavers. Additionally, the addition of safety products can protect your family and home.
One of the most exciting aspects of home improvement is the opportunity to make your house a home. Many homes have unfinished space, such as a basement or attic. Finishing off this space can increase your living space and increase your home’s value.
A recent survey found that 72% of homeowners have a home improvement project on their to-do list in 2022. It’s no surprise then, that the average American has spent more on home improvements in the past seven years than at any time in the past 25 years.
Investing in a new roof, siding or siding replacement are all good home improvement projects. These are all cost effective and may increase the value of your home. In the long run, they are also tax deductible.
Likewise, installing a new septic system or resurfacing your pavement will also increase the value of your home. Another logical home improvement is a new driveway.
Finally, if you’re looking to improve the value of your home, consider the use of smart home technology. It’s estimated that smart home automation will increase home value by three to five percent in 2016.