Home Improvement – How to Make Your Home More Valuable

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Home improvement

Home improvement, also known as home renovation or remodeling, is the process of renovating and repairing the interior and exterior of your home. Home improvement projects can add value to your home, make it more comfortable, and improve its appearance. You may do home improvement for various reasons, such as increasing its resale value, updating the style or to accommodate your family’s changing needs.

Depending on where you live and the market conditions, some improvements will give you more return on your investment than others. For example, adding an extra bedroom may increase your home’s value more than a new bathroom. You should always consider the cost of the project and how it will affect your daily life before making any major decisions.

The most popular home improvement projects tend to be those that boost your house’s curb appeal. A fresh coat of paint and well-kept lawns are low-cost ways to make your home more attractive. Another simple and cost-effective home improvement is a new front door. It’s one of the top 10 most valuable home improvements, according to Remodeling Magazine’s 2018 Cost vs. Value Report.

However, it’s important to avoid the temptation to overspend. Some home improvement projects, such as adding a pool or installing custom cabinets, will not add much value to your property. Instead, choose common home improvements that will attract buyers and get you the most bang for your buck. Before you start hammering away, take a walk around your neighborhood to see what other homeowners are doing. Also, talk to a home insurance expert about any planned renovations and make sure your home insurance policy is up to date.