Home Improvement Projects to Increase Resale Value

home value

When people bought existing homes in 2020, some wanted to enhance the property to make them safer and comfortable for their families. Or they wanted to make them fit their personalities. On the other hand, others wanted to improve their newly-bought properties to increase their resale value.

If you’re one of the latter, you may want to know what you can do to get the most out of your property. But before working on the home improvement project, you should decide if you’ll need help to work on it or not. If you’re planning to hire someone, you should make sure to get a contractor with a state license. Licensed professionals are insured and have the necessary training to perform the job. They also have experience and can easily handle all the details of the project.

Here are some improvements you can make to your home to increase its appeal in the market.

Enhance the Outdoor Space

Many people may have experienced cabin fever while staying home for extended periods. Due to this, many prospective homebuyers typically look for properties with a backyard or outdoor space.

A deck and a pool are good additions to enhance your backyard. You do not even need an in-ground pool. You can set up an above-ground pool and work on the landscaping to increase your home’s curb appeal. Adding an outdoor kitchen or a fire pit allows you to host barbecues over the weekend. This improvement may also attract a potential buyer who enjoys a cookout or two with family and friends.

In areas where the climate is cool, enhancing the outdoor space will increase the property’s appeal among potential buyers. You can set up an outdoor heater and an area heater to make it an outdoor living area.

Build a Functional Home Office

home office

Setting up a functional home office will make your home appealing to people who have work-from-home arrangements with their employers. The home office also demonstrates the amount of space available in the home, which is another selling point for the property. The home office is essential for a household with several people working from home.

Making the home office versatile and adaptable also gives future homeowners the freedom to make changes to the home office. You can also make the home office suitable for online learning in case future homeowners have children. You can convert an extra room in the home into a home office cum remote learning station. Versatility and adaptability are important in these aspects of the home.

Set Up a Home Gym

Even though gyms and spas are already open in different parts of the country, some people may still be wary about working out in these enclosed spaces. Many people prefer setting up a makeshift gym at home. They may have purchased gym equipment, including exercise bikes and treadmills, to sweat it out while at home.

So, setting up a home gym increases the appeal of the home for fitness-conscious homebuyers. You can install all the necessary equipment to allow people to work on virtually all muscle groups. You can also focus on buying equipment to allow them to perform high-intensity interval training (HIIT) workouts at home.

Create New Spaces

In the past, people were keen on having an open floor plan in their homes. But the increase in work-from-home arrangements increased the need for separate spaces for several members of the family. You may need to add dividers in spaces to create distinct areas in large rooms. You can also use pocket or barn doors for the same purpose.

With more people staying home for work or school, it is important to provide them with separate spaces. This allows them to work or attend classes without any unnecessary distractions. It also gives them a feeling of being away from the house while working or attending classes.

Upgrade the Laundry Room

lanudry room

The pandemic highlighted the importance of cleanliness and good hygiene. This is particularly true among people who had to work in the office in the middle of the pandemic. In these situations, it became essential for people to make sure they wash their work clothes properly.

Upgrading the laundry room is a good idea since many people look for a bigger area in the laundry room to allow them to iron and fold clothes. They may also need the area for hang-drying the clothes. Additionally, some people may even look for a laundry room with an appeal similar to the other parts of the house.

Even as many homeowners focus on improving their homes to make the house fit their personality, others prefer to increase the resale value of the house.

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