People don’t want to feel like their homes are temporary. After all, their homes are their castles, shelters, and domains. Still, moving is a natural part of life that many people find themselves experiencing due to job or life changes. If you’re in the process of moving or see yourself in that situation in the future, consider these home improvements that add value to get the highest return on investment (ROI) on your current or future space.
Finished Basement
Luxury homes are known for having many amenities and specifications, one of which is a finished basement. When finishing a basement, you add more heated space, thereby redefining your home’s price bracket. This can add tens of thousands of dollars more to your home’s market value. Finishing a basement requires installing drywall, flooring, paint, and any other features you desire, like a wine cooler, extra storage space, extra bedrooms, or bathroom. Regardless of the changes you make, your ROI can be as high as 70%.
Fresh Paint Job
An easier home improvement that adds value is fresh exterior paint. This budget-friendly project makes your home look fresh and inviting. A fresh coat of paint touches up any flakes or chips and adds a protective coat to your door and siding. Consider a neutral color like grey, navy, or black for the siding and a bold, eye-popping color like yellow, blue, or green for the front door. These colors contrast in a way that makes the entrance stand out while boosting its curb appeal.
New Gutters
You can also add new gutters. Not many homeowners realize the importance of their gutter systems. These are responsible for directing rainwater from the roof to downspouts that carry that water away from the house’s foundation. Your home remains dry and structurally secure without the risk of water damage. Choose the right gutters based on their material, appearance, and maintenance. While some opt for aluminum gutters because they’re inexpensive and durable, others prefer stainless-steel or copper gutters, given their sleek look and superior strength against outdoor elements.
Remodeled Kitchen
The last home improvement to consider is a remodeled kitchen. The kitchen is among the most frequently used rooms in a home. Assuming you don’t invest in a deluxe remodel, you can see ROIs up to 80% with a basic remodel. Swap out older appliances for their newer models, add fresh paint, or even repurpose the countertops and storage space. Little additions go a long way in improving the style, size, and quality of your kitchen for future buyers.
