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How Some Home Improvements Can Boost Property Value

by Brenda K. Love 10/11/2020

Image by edvaldocostacordeiro from Pixabay

Once you have purchased your home, you have made a significant investment. There are some home improvements you can make which can increase the value of your home and make the space you have more livable for you and your family. While many are concerned about “curb appeal” for potential sale in the future, there are other effective methods of improving your home which often offer more value.

Making Your Home Energy Efficient

Over the time you own your home, you will pay heating and cooling bills to keep your living spaces comfortable. Consider increasing the value of your home and lowering those expenses through energy efficient updates like upgrading appliances, replacing drafty doors and windows, adding solar panels or energy efficient heating and cooling systems.

In many cases, your electric company will offer you an energy audit which can help you identify ways to lower the cost of heating and cooling bills. Some may even offer special discounts on upgrades as well as provide free or low-cost supplies such as insulation. Taking these steps not only makes your home more comfortable for you and your family, they may also increase the value of your home should you decide to sell later.

Upgrading Interior Space

For those homeowners who have unfinished basements, there is an opportunity to make the space more usable for your family. Finishing the basement allows you numerous opportunities for creativity. You can remodel a basement to use as a home office, a family room, or a game room. Not only does this type of work make the space more usable, but it also can add resale value.

Other interior upgrades to consider include upgrading your kitchen and bath. Replacing old fixtures, customizing your cabinet space, and adding new counter tops can improve the usability of existing rooms and make them more appealing for your family.

Use Caution When Upgrading Exterior of Home

For those who are considering exterior upgrades such as installing a swimming pool, fence, or other addition, keep in mind that some projects could increase your insurance premium as well as your property taxes.

Whether you are considering energy-efficient upgrades for your home to save money, or you are considering another type of home improvement do your research and find out what improvements provide the most value. Speak with your insurance agent to make sure any improvements will be covered by your existing insurance policy as well. In some cases, you may have to increase your coverage.

About the Author
Author

Brenda K. Love

With over 10 years experience serving the Dallas and metro area, I am dedicated to providing my clients with outstanding customer service and to earning the referral business of my clients. I focus on family values and customer service. I have made a lot of friends in this business. Constant communication is a big part of my success. Proven professional who brings knowledge, skill and care to every transaction. I would love to be your realtor and if you know of anyone who is thinking about buying or selling a home or would just like additional information about property values in my area then call, text or email me today. If you or someone you know are a veteran, firefighter, policeman, teacher, doctor, nurse contact me about special incentives. If you or someone you know has a blemish on your credit report and is not in active bankruptcy contact me about a new company that can help you get into a home. If you need a reputable credit repair company that will give you help to get back on the right track then I have a great company. If you want to purchase a home but still don't have enough saved there are still available funds to help you with that. Are you or someone you know relocating to the Dallas area? I have helped families relocate here. I understand your family's needs. Certifications: New Home Construction, Senior Designation, American Warrior, First Time Home Buyer, EPRO,Relocation