Investing in your home after you have purchased it could not be more important. The home for the average American is where a majority of their net worth lies. For this reason it is important to maintain as well as renovate in order for the home’s interior and exterior as appealing to buyers as possible. Many homeowners will not have a problem doing home improvements when they look at the home as an investment rather than just a place to live. The resale value of the home increasing and boosting quality of life for the time being should be the goal of every renovation. The following are renovations that will boost the resale value of your home as well as improve the life you live.
Pool
Putting in a pool can be quite the cost but improving a current pool can do great things for your social life as well as health. Studies have shown that people that spend time outside each day being active have fewer cases of depression and anxiety. The pool can be enjoyed by everyone in the family and even a fearless family dog. Those with small children might want to delay installing the pool until their child can swim very well. Accidents do happen so make sure to have a gate if you simply need a pool now and have small children. Another tip is to make sure your child’s friends can swim as an accident of a child under your supervision can be life changing for an entire family. Buyers of homes in warmer locations who have relocated from a cold climate might see a pool as a way to take advantage of their new found warmth.
Outdoor Deck and Cooking Area
An outdoor area where a family can entertain is essential for those with large families. This not only will allow you to invite the entire family but it will reduce or completely eliminate the cleaning needed to be done inside of the home. Cookouts in the summer are seen as important in many walks of life so having a cooking area will be seen as a positive. Outdoor BBQ islands are a great example of maximizing space without sacrificing any of the functionality of your outdoor area. For those not lucky enough to have a cement deck in the backyard, a wooden deck or gazebo can be a great place for people to socialize and eat when you entertain. People are spending more on personal entertainment than ever before so a home that is great for entertaining is what many people are looking for.
Meditation Hut
Everyone needs some time to themselves to think about the day and figure out how to deal with a certain personal or professional problem. A meditation hut can be a great place to unwind and it will be a very inexpensive thing to do. Those people who already have a shed can turn the shed from a place where old things are thrown to a comfortable retreat. In the hectic world of today this will be seen as a positive by buyers as well as it is a quirky idea that can appeal to certain people. In home buying, many people are looking for a home with something that isn’t found every day. The meditation hut is the answer and take 10 minutes each day to sit in there and center yourself.
New Large Ecofriendly Windows
Putting new windows in the home can completely change the energy in the home by allowing in more natural light. More natural light in a home has mental health benefits as well as productivity benefits. Combine this with the fact that newer windows are ecofriendly makes this renovation a no brainer. Saving money monthly on the electric will have the windows paying for themselves in a matter of years. Ecofriendly home improvements are becoming more affordable and desired as people want to reduce costs especially after they have just bought a home.
Renovations don’t have to be boring and the above can actually make your life better. Budget more money than you are given as an estimate just in case something goes wrong during the renovation. Boost your quality of life and home value at the same time!
