Prioritizing home improvements If you are a home owner who wants to remodel or redecorate your home, mostly for your own comfort but also with the future resale value of your home in mind, it is important to know which improvements will pay off and which will simply make you happy.
Temperature control Adding a new heating or air ventilation system is a change that will add to your enjoyment, and you will usually be able to entirely recoup the cost if you sell your home in the future.
Kitchen or bathroom Updating and improving your kitchen or bathroom is another change that generally adds value to your home. Updating the fixtures, changing the floor, adding new cabinets or countertops, or upgrading the appliances can all make a world of difference in the look, feel, and functionality of your kitchen and bathroom.
When it's not worth it Some other types of improvements may be of great benefit to you, but will not generally add very much value to your home in terms of a return on investment. While finishing a basement may add a great deal of space for you and your family to use and enjoy and while the investment may be well worth is depending on your family's needs, be mindful that you will probably not recoup your investment if you resell the home. Adding a pool is another improvement that may make a world of difference to you, but buyers may not pay for it. |
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