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How to Increase the Value of Your Home with 4 Smart Moves

Whether you're getting ready to sell or just want to upgrade your largest investment, you might be wondering how to increase the value of your home while maximizing your return. In most cases, a quality remodeling project is a smart move. According to experts, these are the top four ways to increase the value of your home and make it more attractive to potential buyers. 

One way to increase the value of your home before you sell your house is to replace your front door and windows.

  1. Replace your front windows and doors
    If you thought that larger projects, like bath or fireplace remodels, yield the most return on investment, you might be in for a surprise. Quick, inexpensive upgrades like replacing out-of-date siding, windows, entry and garage doors not only increase the value of your home, but also boost curb appeal and yield 73-90% in recoup value. 
     
  2. Remodel your kitchen
    For most families, life is centered in the kitchen. It's where they share food, stories, laughter, and lots of memories. According to Remodeling Magazine's Cost vs. Value Report for 2017, kitchen remodels generally yield a high return, plunking around 65-80% of project costs directly into your home's value. Taking the time now to turn your kitchen into a space you love isn't just a fun personal choice; it's a smart financial one. 
     
  3. Finish your attic and/or basement
    Finishing an attic or basement is a big project, but when you’re looking for additional ways to increase the value of older or already-updated homes, it can be a surprisingly attractive choice. According to U.S. News and World Report, adding a bedroom to an unfinished attic increases usable square footage, which allows you to recoup 84% of your investment upon the sale of your home. 
     
  4. Install a deck 
    Installing a deck can make a huge difference in your home's value. Wooden decks, in particular, typically have a high return on investment at nearly 71%. A new or expanded deck will also add functional outdoor living space during the warmer months, making your backyard more inviting and practical for summer gatherings around the grill. 

Need help selecting the best value-boosting remodeling projects for your budget? Stop by our Waunakee or Madison showrooms or call us today and talk to our experts about cost-efficient ways to increase the value of your home.