Ways To Increase The Value Of Your Home
The value that you have in your home is one of the most important reasons why you own a home instead of renting. Often, homeowners wait until they are ready to sell and move on to update their homes so it increases the value of their home and makes it competitive with other homes on the market. Why wait until you're ready to sell? Why not update and do those home improvements while you're living there so you can enjoy and reap the benefits of the beauty of your home? It certainly doesn't mean you have to do everything at once.
Start with the kitchen. It's the heart of the home. It's where family and friends gather to break bread, engage in conversation, and make memories. The kitchen is the most sought-after room in your home. Since a lot of us spend so much time in the kitchen, it makes sense to begin an update there. It is also worth the most per square foot, and looking ahead when it is time to sell, the kitchen will be the room that could be the biggest determining factor whether a buyer will choose your home or another that might be updated if yours is not.
If your appliances are more then 8-10 years old, consider updating them to the comfortability of your wallet. Whether you prefer the top of the line appliances with all the bells and whistles, or just want to upgrade to stainless steel, you can't go wrong when replacing old appliances. They will work more efficiently and save you money in the long run, not to mention they will add beauty to your kitchen.
Walking into the kitchen, the first thing most people notice is the cabinetry. Although the cabinetry will most likely be the highest percentage of kitchen costs, it will also show the most return on your investment. For a less expensive update, consider refacing or refinishing existing cabinets, doors and drawers. It's a great way to update and you can achieve the same look without breaking the budget.
Updating the doors and drawers with new decorative hardware completes the finishing touches. Choosing decorative hardware can be a daunting task with so many styles and finishes to choose from, but it doesn't have to be. Choose a style that satisfies your taste and that compliments the design of the kitchen. Whether it's a traditional look, modern look, old world look, and everything in between, there is a style for everyone. Choose a finish that best compliments the finish of the cabinetry.
Even tackling one room at a time, spend the money now to invest in your home. You will create value now that will increase in time. Enjoying the upgrades that you made will in turn add value to your own life. Don't forget to enjoy the process and then reap the benefits.