Home Improvement – A Great Way to Improve Your Home and Increase Your Home’s Value
Home improvement is a wide range of projects homeowners undertake to make their homes look better, function more efficiently or enhance their living space. It can be a daunting task, but it is also one of the most rewarding investments you will ever make.
The popularity of home improvement has continued to grow in the past few years, a new study by Axiom finds. Nearly a third of survey respondents plan to work on a home improvement project at some point in 2021, and many intend to hire professionals for more complicated projects.
Most of the projects planned by DIYers are for sprucing up the interior of the home, according to the report. But a growing number are looking to tackle exterior projects like painting the siding or replacing a fence, he said.
But before you start on any home improvement project, consider how it will impact your resale value and what will appeal to potential buyers. You want to avoid making any upgrades that will turn away a future buyer.
Some renovations may be worth the cost if they will increase the overall value of your home, but other upgrades won’t add any additional value. For example, a $10,000 kitchen renovation isn’t going to have the same impact on your resale value as a $500 light fixture or new landscaping.
Prioritize your renovations and take the time to do them correctly. It’s best to have a clear vision of the finished product and only do projects when you feel comfortable tackling them yourself.