Home improvement can mean anything from making a few minor changes to dramatically overhauling your entire home. Whether you want to increase your home’s value, sell it faster, or just make your home feel more comfortable, a little do-it-yourself remodeling can go a long way!
What Are the Most Popular Home Improvement Projects?
Spending on home renovations has soared in the U.S. in recent years, according to a new report from the Harvard Joint Center for Housing Studies. The most popular projects include deck construction, fencing installation and landscaping work.
What are Common Home Improvements That Don’t Add Value?
Many people believe that home improvements are a great way to boost your house’s value. But, in reality, some projects actually hurt your property’s resale value.
Do-It-Yourself jobs that cost more than the average price of a professional renovation may not yield you a return on investment when you’re ready to sell, says Gordon. He cautions homeowners not to try to do home improvement projects themselves without the proper license and insurance.
The same goes for major remodeling or addition projects. Instead, focus on small fixes and upgrades that can give you a better ROI.
What Are the Most Popular Home Improvements That Will Make Your House Worth More?
Home improvements that add structural value to your home are more likely to add resale value than renovations that add square footage or change the look of your home. If you’re looking to sell, try to choose upgrades that will appeal to the majority of buyers. Upgrades that are more expensive than the average home on your street, such as a hot tub or a swimming pool, might not attract as many potential buyers, and therefore won’t have the same resale value as other upgrades.