You've bought the house and invested a sizeable amount of money - now you need to keep earning on your investment.One way of increasing the return and value of a home is through home improvements.
Home improvement is not only a great way to enhance your investment, but it can also provide you with greater satisfaction with your living environment. But before you call the contractor, there are a few other things to consider.
Home improvement projects can offer significant rewards whether you are looking to put your house on the market in the immediate future or even if you are not interested in selling for years to come. But before you get started, you need to identify which improvement projects will increase both the resale value of your home as well as your day-to-day comfort.
Here are some ideas for home improvement projects that pay off:
Kitchens - Kitchen remodels are among the best for recouping the cost of renovations. Modernise with new appliances, countertops and cabinets.
Bathrooms - Adding a bathroom increases the value of your home. So does upgrading an existing one. Adding new light fixtures, vanities with plenty of storage, ceramic tile or marble, and a new coat of paint are just some of the ways to improve a bathroom.
Outdoors - Building a deck or patio enhances your enjoyment of your garden and lets you recover approximately 85% of the project costs in added value.
Additions - Converting an attic into a bedroom is a great way to add value.
Painting - One of the most affordable and effective improvements you can make to your home is painting the interior and exterior. Painting maintains the beauty and value of the home.
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