Learn more ways to add value to your home.
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Tip 1: Kitchen or bath remodels are always a safe bet.
Improving your home is a solid investment at any level — but if you have up to three thousand dollars to spend, a great place to start is by upgrading either the kitchen or bath. Either room is a good choice and you don't have to do a complete floor-to-ceiling remodel to reap financial benefits. In fact, modest kitchen or bath updates can be your best bet for a big return, netting, on average, an 80-85 percent return.
Tip 2: Protect your investment.
For most people, their home is their single largest investment, so treat it that way. Hire a financial planner to work out a strategy for protecting your investment by analyzing all of the financing options that are available. A financial whiz can tell you if you should refinance to lower your monthly payments or pull out some equity to pay for value-adding improvements.
Tip 3: Bring the outdoors in.
Consider turning two standard windows into an opening for beautiful French or sliding glass doors. Full-view glass doors really brighten up the space and a light and airy room is always more attractive. Also, with a view of the outdoors, the room will feel much larger. Another bonus is that modern doors are energy-efficient, cutting down on heating and cooling costs. That means more cash in your pocket now and a financial bonus should you decide to sell.
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