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The Top 5 Upgrades to Invest In to Maximize Your Home’s Value

September 4, 2024 by James Scott

Home upgrades not only enhance your living experience but can also significantly boost your property’s value. Whether you’re looking to enjoy your home for years to come or planning to put it on the market, certain improvements can offer substantial returns on investment. Here are the top five home upgrades that are proven to increase your home’s value and appeal.

1. Add an Accessory Dwelling Unit (ADU)

What It Is: An accessory dwelling unit (ADU) is a self-contained living space on your property. Commonly referred to as a granny flat, in-law suite, or guest house, an ADU includes its own kitchen, bathroom, and entrance.

Why It Adds Value: ADUs are in high demand due to their versatility. They can serve as a rental unit, provide additional living space for family, or even be a home office. Homes with ADUs have been shown to sell for up to 35% more on average than those without. Plus, some cities offer financial incentives for building ADUs, which can help offset construction costs.

Pro Tip: Look into local programs or incentives that may support ADU construction. A home renovation loan could also help you finance the addition.

2. Upgrade or Replace Windows

What It Is: Windows play a crucial role in your home’s energy efficiency. Upgrading to high-performance windows or improving insulation with weather stripping can reduce energy loss.

Why It Adds Value: Energy-efficient windows can lower utility bills and enhance comfort. Window replacement often has one of the highest returns on investment, making it a smart upgrade if you’re planning to sell. Modern windows also improve your home’s curb appeal and overall aesthetics.

Pro Tip: If your current windows are old, foggy, or leaking, consider replacing them with new, energy-efficient models for maximum impact.

3. Invest in Solar Panels

What It Is: Solar panels convert sunlight into electricity, reducing your reliance on traditional power sources and lowering utility costs.

Why It Adds Value: Solar energy systems can decrease your energy bills and appeal to eco-conscious buyers. Approximately 66% of U.S. homebuyers are more inclined to purchase a home with solar panels installed. Additionally, federal solar tax credits can help offset the installation costs.

Pro Tip: Bundle the cost of solar panels into an energy-efficient mortgage to potentially save on financing and take advantage of tax incentives.

4. Build a Pool

What It Is: A swimming pool can be a major attraction, offering a space for relaxation and recreation.

Why It Adds Value: In certain regions, a pool can increase your home’s value by an average of $27,199. It’s a desirable feature for many buyers, particularly in warmer climates where outdoor living is popular.

Pro Tip: Before investing in a pool, consider the maintenance costs and whether a pool will enhance your home’s value based on local market trends.

5. Construct a Deck

What It Is: A new deck expands your outdoor living space and provides a versatile area for entertaining, dining, or relaxing.

Why It Adds Value: Decks are a cost-effective way to increase usable space and can offer a return on investment of around 65%. They create a welcoming outdoor area that can attract potential buyers.

Pro Tip: Choose durable materials and consider adding features like built-in seating or lighting to maximize the appeal and functionality of your deck.

Top DIY Projects for Added Value

While major upgrades can yield significant returns, smaller DIY projects can also improve your home’s value and efficiency. Here are a few manageable DIY tasks to consider:

  1. Replace Your Dishwasher: Modern, energy-efficient dishwashers conserve water and electricity, which can reduce utility bills.
  2. Install a Water Filter: An under-sink water filter improves water quality and eliminates the need for bottled water.
  3. Add Ceiling Fans: Ceiling fans enhance air circulation, making your home more comfortable year-round.
  4. Paint Your Interior Walls: Fresh paint can revitalize your home’s interior and make it more appealing to potential buyers.
  5. Pressure-Wash Your Exterior: A thorough pressure wash can refresh your home’s appearance and boost curb appeal.

Ready to Upgrade?

Choosing the right upgrades can make a significant difference in your home’s value and livability. Whether you’re investing in major renovations or tackling simple DIY projects, these improvements can enhance your home’s appeal and functionality. For personalized advice on financing your home upgrades, give us a call today.

Filed Under: Home Building Tips Tagged With: Home Upgrades, Increase Home Value, Property Value

Green-ify Your Home with These 3 Easy Home Renovations

April 26, 2022 by James Scott

Green-ify Your Home with These 3 Easy Home RenovationsThe concept of going green is often seen as an expensive process, and this can stop many people from taking the small steps needed to make their home more environmentally friendly. If you want to green-ify without any of the high costs, here are some simple things you can do that will easily improve the energy efficiency of your home.

Complete An Energy Audit

It can cost in the upwards of $400 to get a certified evaluator to take a look at your property and determine how energy is being wasted, but you can complete this type of evaluation on your own without all of the expenditure. Try the candle test and take a flame on a tour of your home, being aware of areas where the flame wavers and drafts may be coming in from outside. Once you’ve determined the problem areas, you can tackle the project of re-caulking which will seal up any openings that are leading to energy loss and more expensive heating costs.

Fix-Up Noticeable Insulation Issues

Completely overhauling your insulation is not among the easiest of fixes, but there are some simple ways you can improve its effectiveness without a lot of hard work. Instead of a comprehensive analysis, head up to the attic to take a peek at the insulation there. Using a mask and a pair of gloves, check the insulation and look for any spaces where air could be gaining access to your home. If you come across any vulnerable areas, add some extra insulation and seal the area with expanding insulation for a little added coverage.

Install A New Faucet

While heat conservation is one of the most important factors in energy efficiency, taking care of the water supply will also have a significant impact on your home’s environmental footprint. Instead of sticking with old-style faucets, head down to the hardware store for low-flow taps that will automatically cut down on water use without you or your family having to think twice. This type of fix is an easy enough installation and your water savings will be facilitated every time you turn on the tap.

There are a number of small changes you can make around your home to easily conserve energy and cut down on water waste. If you’re doing some small renovations because you’re preparing for a large move, you may want to contact one of our local real estate professionals for more information.

Filed Under: Around The Home Tagged With: Around the Home, Green Home Renovations, Home Upgrades

2016 Kitchen Decor Trends to Inspire Your Renovations

April 15, 2016 by James Scott

2016 Kitchen Decor Trends to Inspire Your RenovationsA kitchen upgrade may seem like the sort of renovation that will cost a pretty penny, but there are a lot of funky things you can do that will add an easy accent and make for a current look. If you’re planning some home improvements in 2016, here are some upcoming trends you may want to try out.

Cue The Contrasting Cabinets

It can be a major undertaking to change the style of your kitchen cabinets, and that’s probably why many people are considering a little switch instead of a major upheaval. By keeping your top cabinets the same and adding a funky new color or material to the bottom half, you can create a striking appearance. Keep in mind that if you don’t want to change out your cabinets entirely, you can go for a bold paint color instead.

Bring Color Into Stainless Steel

From teakettles to mixers, brightly colored kitchen appliances have certainly seen a retro rebirth in recent years, but the stainless steel trend is also experiencing a bit of an upgrade. While the material remains popular, many people are becoming interested in different stainless steel color options like black and sunset bronze which offer a unique look for an old mainstay.

A Multi-Use Island

Space in the kitchen can become an issue when it comes to dinner parties, and that’s why the diverse utility of a kitchen island is maintaining its popularity. Instead of the prominent counter for holding fruit bowls and extra papers, think of a funky, fashionable drink cart or side table that can be used for prepping extra food and will have many other purposes once the party is over.

The Non-Committal Kitchen Shelf

While kitchens have become more of a gathering space for family and friends in recent years, this has led to the popularity of a less-formal kind of kitchen. Instead of a lot of counter space and pots and pans in their place, create a bookshelf or cabinet that mixes the living room and kitchen together, full of dishware, books, utensils and other popular household items. It’s a piece that will easily transform your space.

There are a lot of unique fixes on the horizon for 2016 that will instantly modernize your kitchen and easily improve its look. If you’re currently renovating and are looking to put your home on the market, contact your trusted real estate agent for more information.

Filed Under: Around The Home Tagged With: Around the Home, Home Upgrades, Kitchen Decor

Green-ify Your Home with These 3 Easy Home Renovations

April 1, 2016 by James Scott

Green-ify Your Home with These 3 Easy Home RenovationsThe concept of going green is often seen as an expensive process, and this can stop many people from taking the small steps needed to make their home more environmentally friendly. If you want to green-ify without any of the high costs, here are some simple things you can do that will easily improve the energy efficiency of your home.

Complete An Energy Audit

It can cost upwards of $400 to get a certified evaluator to take a look at your property and determine how energy is being wasted, but you can complete this type of evaluation on your own without all of the expenditure. Try the candle test and take a flame on a tour of your home, being aware of areas where the flame wavers and drafts may be coming in from outside. Once you’ve determined the problem areas, you can tackle the project of re-caulking which will seal up any openings that are leading to energy loss and more expensive heating costs.

Fix-Up Noticeable Insulation Issues

Completely overhauling your insulation is not among the easiest of fixes, but there are some simple ways you can improve its effectiveness without a lot of hard work. Instead of a comprehensive analysis, head up to the attic to take a peek at the insulation there. Using a mask and a pair of gloves, check the insulation and look for any spaces where air could be gaining access to your home. If you come across any vulnerable areas, add some extra insulation and seal the area with expanding insulation for a little added coverage.

Install A New Faucet

While heat conservation is one of the most important factors in energy efficiency, taking care of the water supply will also have a significant impact on your home’s environmental footprint. Instead of sticking with old-style faucets, head down to the hardware store for low-flow taps that will automatically cut down on water use without you or your family having to think twice. This type of fix is an easy enough installation and your water savings will be facilitated every time you turn on the tap.

There are a number of small changes you can make around your home to easily conserve energy and cut down on water waste. If you’re doing some small renovations because you’re preparing for a large move, you may want to contact one of our local real estate professionals for more information.

Filed Under: Around The Home Tagged With: Around the Home, Green Home Renovations, Home Upgrades

Accent Walls: 3 Easy Ways to Spice up Your Space

March 25, 2016 by James Scott

Accent Walls: 3 Easy Ways to Spice up Your SpaceFor those who love to decorate and are always excited to test out the latest trends in design, the accent wall is a concept that’s become popular in recent years. If you’re not sure how to use this feature to twist any room on its side, here’s how to go about painting your very own and instantly dressing up the look of your favorite room.

Pick The Perfect Wall

When deciding on the ideal location for an accent wall, it’s important to consider which space in your home will benefit from a splash of color and still be complimented by this unique look. Whether you decide on a wall in your bedroom or living room, the location of your accent wall should be somewhere it can have a positive impact on the look of your room without overpowering its natural ambiance.

Decide On A Color You Can Live With

Once you’ve picked the perfect place for your paint, you’ll want to narrow down the list of color options to ones that will work best for the wall. It can be tempting to go from the most brilliant of colors to really indulge in accent, but think of this wall as a way to merely boost the look of a room you already enjoy. By choosing a color that is both vibrant and understated – and goes with your design aesthetic – you can use this wall to maximum, nuanced effect.

Any Additional Accents?

If you’re just wading into the water with home decorating, it’s entirely likely that an accent wall will be enough for now, but if you’re just beginning you may want to consider some other interesting design details as well. While you could choose more than one color to brighten things up or draw a makeshift frame around the border of each wall, if you’re interested in something funky you may want to use some stencils – like hearts or stars – to instantly add a whimsical effect!

There are no hard and fast rules when it comes to home decorating, but if you’ve been considering an accent wall for a while you might want to test it out first before diving in with neon colors and funky stencils. If you’re making some changes to your home because you’re thinking of selling in the next few years, you may want to contact one of our local real estate professionals for more inside information.

Filed Under: Around The Home Tagged With: Around the Home, Home Upgrades, Interior Design

3 Budget-friendly DIY Weekend Renovations to Step into Spring

March 11, 2016 by James Scott

3 Budget-friendly DIY Weekend Renovations to Step into Spring The springtime is often the best time of the year for cleaning up and getting rid of old items, but with its proximity to the winter months it can still be hard to commit to large-scale renovations. If you’re looking for some small fixes to give your home a seasonal boost, here are a few options that won’t take up a lot of time.

Freshen Up The Window Frames

Paint can instantly enhance the brightness of any room, but deciding to repaint can be a job that takes more than just a weekend. Instead of committing to everything, paint your window frames for a task that is cheap and doesn’t require a huge expenditure of time. Since the eyes will naturally be drawn to the windows in any room, this will serve to improve your space without all the work that goes into sanding and taping everything.

Add An Accent With Wallpaper

A creative, striking way to upgrade the look of your home is a wallpaper accent that will be easy to install but add trendy appeal to your home’s aesthetic. Instead of going for the same old, choose a wallpaper with a funky design to the area of your choice. By placing it behind a mirror or another picture, you’ll add a lot of oomph without all of the effort that goes into completely repapering a wall. It’s just important to ensure you use an adhesive wallpaper that can be repositioned in the event your first attempt doesn’t work out.

Replace An Old Fixture

It doesn’t necessarily take a lot of legwork to easily revamp a stale space, so consider a light fixture that will instantly draw the eye and can serve as a high-impact piece that really sets the tone for your chosen space. While you’ll want to choose something that won’t completely contrast with the style already present, the right piece can really enhance and modernize what you already have. It’s just important to turn off the breakers before you start fiddling around with installation.

The idea of home renovations can make people think of large scale projects that consume a lot of time, but there are plenty of little things to be done that will make for big changes without an excess of effort. If you’re making some upgrades and are preparing to put your home on the market, you may want to contact one of our real estate professionals for more information.

Filed Under: Around The Home Tagged With: Around the Home, Home Upgrades, Weekend Renovations

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