If you ever considered installing a swimming pool in your yard, you probably looked up the process and found that it adds little value to your home. While having an in ground swimming pool in California or another warmer part of the country is practically a must have, homeowners living in the Midwest and areas with harsh winters often spend more on pools than they will ever get back. Whether you want to put your house on the market or simply increase its value, you’ll want to check out which home improvement projects really are worth the money.
Upgrading Your Kitchen
One of the best ways to add to your home is with a kitchen upgrade. Some homeowners think this means that they should change everything about the kitchen and spend thousands of dollars. Keep in mind that the more money you spend, the less you will likely get back. Upgrading your kitchen is significantly different than completely renovating your kitchen. A kitchen upgrade often refers to smaller projects that get you the most bang for your buck. This can include changing out your appliances, painting the walls and replacing or rehabbing your cabinet doors.
Changing Your Home’s Exterior
When you put your home on the market, potential buyers will develop a feeling about your house as soon as they see the outside. That is why real estate agents often recommend that you boost the curb appeal of your house. Replacing the front door is one of the easiest changes that you can make, but you may also want to paint your front porch, plant some new flowers and use pavers to create a new walkway. If you have more money in your budget, consider replacing the covering on your house. New vinyl siding can add thousands to the value of your house.
Fixing the Roof
The cost of a new roof can reach $10,000 or more. The cost often depends on whether you stick with asphalt or other cheaper roof shingles or if you use natural stone or metal, which are both more expensive. Even if you can’t afford a brand new roof, you can add value when you repair your roof and replace any missing, lose or broken shingles. Repairing or replacing your gutters can add value too. After deciding which project will add the most value to your home, get an estimate from a professional contractor.