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Home Improvements That Actually Increase Your Property Value

Whether you’ve decided to sell your home or are just considering an update for your own personal enjoyment, you probably want to make sure the upgrades will add value to your property. After all, homeowners don’t want to sink money into something they may never get back. That being the case, there are several improvements you might consider that can greatly improve the resale value of your home.

Get a New Roof

You might have the most beautiful kitchen potential home buyers have ever seen, but if you have a leaky roof, they will automatically assume the house isn’t well kept and that they could be standing in a money pit. And they’re not wrong. Leaky roofs can cause all kinds of interior damage, such as mold and deteriorating ceilings.

 

A new roof can add value to your home. That could mean a huge difference in the price you sell your home for. But how do you know who to hire to replace the roof? You may not realize it, but according to Angie’s List, there are several roofing scams to look out for, including inadequate repair, overcharging, and unneeded repairs. In order to avoid some of these scams, here’s what you need to do:

 

● Get references. Don’t be afraid to ask around town and everyone you know. Chances are that if they’ve scammed someone else, you will hear about it quickly.

● Get several estimates. Talk to more than one roofer and get estimates and opinions from all. If one out of five roofers you talk to gives you a quote that seems unreasonable, chances are they are either out to scam you, or they don’t know what they’re doing.

● Take care of your roof. Don’t wait until the damage is out of hand to hire a roofer. At that point, you may not have the expertise to know if the repairs they suggest are unreasonable or not.

Plant a Tree

According to the Council of Tree and Landscape Appraisers, “A mature tree can often have an appraised value of between $1,000 and $10,000.” This is huge all by itself, but the USDA also states that the cooling effect of one of these trees equals about “ten room-size air conditioners operating 20 hours a day.” Imagine the energy savings it creates!

Replace the Front Door

It’s amazing the impact a nice front door can have on a house’s curb appeal. And according to U.S. News, it is one of the most significant updates you can do when trying to increase the property value of the home. But if your door is already in good shape, sometimes a new coat of paint in a complementary color may be all it needs.

Paint the Walls

But not just any color will do. According to Business Insider, there are certain colors for each room that make your house more appealing. For example, light blues and soft grays make a kitchen most appealing, whereas light beiges and taupes are the preferred colors for living rooms.

 

If you are planning a home update or renovation, make sure you focus on the projects that add the most value. Many people make improvements that don’t make much difference when it comes time to sell, and end up being disappointed at the time and money they spent on them. Take for example a swimming pool. In most areas, a pool does not significantly increase the property value compared to the cost to install it. So make sure you are putting your resources to the best possible use.