Home Improvement Projects are taken up from time to time, though many don’t look at what’s really best from an improving their home value point of view. Here are the best and worst home improvement projects, as against value for money.
Best Home Improvement Projects
Adding New Front Door:
Adding a new front door will give better appeal to the house, besides boosting the home value. Depending on the material chosen, the ROI can vary greatly.
Adding Gutter Roofs:
Gutter roofs are protective covers for your gutter. These keep dirt and debris off gutters, reducing the maintenance cost and efforts to keep your gutters clean. Besides, this roof will increase your home value and ROI by folds.
Add a Workplace:
If you are considering telecommuting, having a home office can be ideal. Work workplace should be better organized and free from clutter, let alone distractions, to create the perfect work environment. Only a separate home office can do this. However, the ROI would be lower compared to the expense. Unless it is for personal use, I advise against this!
Painting the House and Working on Interiors:
When the house is fairly old, painting the rooms and changing worn-out interiors, or replacing them with modern ones, gives the house a nice look. It enhances your experience at home, besides improving your home value and ROI.
Attic Conversion: With most becoming aware of space utilization, converting attics into useful spaces is nice. The attic can be remodeled to double up as a bedroom, a storage room, or just as an additional utility space. Besides, it also improves the home value and ROI.
Worst Home Improvement Projects
Adding a Swimming Pool:
If you are considering a swimming pool for your personal use, give it a second thought. While having a swimming pool in your front yard or backyard is nice, it needs a huge space, loads of water, cumbersome maintenance, and lots more! Besides the pains you have to undergo for getting approval, you need to install water recycling equipment, heating equipment in case your place is always cold,a nd also take care of safety measures. Besides, maintaining the pool isn’t easy! If all this is already considered, remember, if you are planning on flipping it later, the ROI would be on the negative side, let alone warding off potential buyers, who are scared of the costs of pool maintenance will attract.
Solar Panels:
Yes, being Eco-friendly is good. But when considering installing these panels, the type you choose is the key. If you are planning on installing them under free equipment schemes, or choose bulky panels, chances are that it will obstruct potential living space, or hinder expansion, let alone reducing the home’s appeal. Also, if you are planning to resell it, solar panels that come with a catch might ward off potential buyers.
Besides, adding a garage, a bathroom, or a sun room all render less ROI and are not suitable when you are planning to sell your home.