Home improvements can often lead to a larger, unexpected decision making process. Trying to decide which home improvements to do, or not to do, can be an overwhelming task because not every home improvement project you do automatically increases the value of your home. The state of the neighborhood is often times one of the most important factors in determining the value of your home. As a home owner it is crucial to know which improvements give a higher return and boost your home value, as well as saves you time and money.

There are three ways you can prioritize your projects around the house:

Address the small stuff

It is harder to sell a home, or increase the value of your current home, if there are dripping faucets, running toilets, damaged carpet and flooring or cracked baseboards. Put your money into the small stuff first, then move into larger improvements. A home that is plagued with minor issues is seen as less desirable, so start small then go big.

Boost curb appeal

Exterior home improvement projects rank as the most cost effective, according to Remodeling Cost vs. Value Report (2014). The article ranks projects based on their cost and how much money they recoup after selling. The top ranked improvement at 96% is replacing your front wooden door with a steel security door. Following as a close second with 87% is adding a new deck. Three additional improvements at 78% are replacing a siding, installing a new garage door or installing new windows.

Consider interior investments

Finally, considering interior investments can boost the value of your home, as well. These include projects such as converting an attic to a bed and bath, minor bathroom and kitchen remodeling and basement renovations.

Bottom line, when investing in your home be sure to invest in the right projects in order to boost your value and make it more desirable to potentially sell in the future.

Please contact our team for a complementary consultation for ideas and improvements for your home!