Your home is most likely one of your most valuable assets, and that is why you should constantly be looking for ways to improve your property. Relatively minor additions and upgrades can add a tremendous amount of value to your home and make it more comfortable for your family. Here is a look at four popular home additions that are almost always worth the investment.
Attic or Basement Bedroom
Adding an extra bedroom to your home is one of the most efficient ways to increase its value. Even if the bedroom is relatively small or separated from the rest of the home, it will have a major impact on which buyers are going to look at your property when it finally goes on the market. The key to a successful attic or basement conversion is to focus on making the room as comfortable as possible. You might need to improve the insulation, install new lights, and add more storage options.
Outdoor Living Area
Homeowners should only consider adding an outdoor kitchen if they live in an area that has moderate weather for at least a few months every year. One of the biggest benefits of installing an outdoor kitchen or living area is that many families can do most of the work themselves. You should call in a professional contractor if you decide to add gas lines or water pipes. Homeowners also need to contact the local utility companies before digging to make sure that they won’t hit any underground lines.
Carport
Carports are especially popular in areas that get particularly hot during the summer or very cold during the winter. Instead of trying to knock out walls to add a garage to your home, these small structures require little or no demolition. When choosing a carport, you should try to make sure that you have room to grow. A larger carport with additional storage might be slightly more expensive, but it could increase the value of your home by quite a bit. There are even contractors like Coast to Coast Carports, Inc. that specialize in this type of addition. Looking into one of these companies could be a good idea.
Energy-Efficient Appliances
Upgrading to energy-efficient appliances is an affordable way to increase your home’s value while cutting back on your monthly utility bills. Many people also qualify for tax credits after upgrading to Energy Star devices. Replacing your old air conditioner, heater, dishwasher, and water heater could potentially save you thousands of dollars a year.
Before carrying out any major renovations, you should always take a fresh look at the real estate market. Local trends play a major role in the value of your property, and you want to be sure that every penny you put into your upgrades is going to make your home more efficient, eye-catching, or comfortable.