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these home improvements pay off in the long run

Sell or Stay, these home improvements pay off in the long run

Homeowners undertake home improvements for two basic reasons: to please themselves or to please others who may one day buy their home. Some types of improvements are for the sake of a speedier sale, such as planting a row of shrubs between your backyard and a busy street behind your home. Others are for your own enjoyment, like painting your rec room your favorite shade of neon pink.

The best home improvements, however, pay off in the long run whether you are staying or selling. Here are a handful of projects that are worth the investment whether you are hoping to please potential buyers or make your home more enjoyable for yourself:

Add skylights:
Buyers love balanced natural light. You probably do as well! Adding Energy Star-qualified no-leak skylights is a cost-effective improvement that enhances a home’s appeal to potential buyers, as well as its enjoyment for the people currently occupying it. They are particularly popular in bathrooms and kitchens, but skylights can go in any room where you want more natural light, an open, airy feeling, and a brightened appearance. To further differentiate home spaces such as hallways and closets, consider tubular skylights which are inexpensive and easily installed in a matter of hours.

Add or upgrade a deck:
When the weather warms up, your family will want to spend more time outdoors and a deck is a perfect platform for outdoor enjoyment. Potential buyers also perceive it as a benefit and adding or upgrading a deck can boost your home’s value. In fact, a wooden deck will recoup 75 percent of its installation costs at the time of resale, according to Remodeling Magazine’s Cost vs. Value Report.

Exterior paint:
Repainting the exterior of your home is a big job, but one that is well worth the investment, whether you are trying to impress potential buyers with great curb appeal or simply make your house a more enjoyable place to return to each day. Exterior paint greatly affects the overall look of a home, plus quality paint helps protect siding from the elements.

Kitchen cosmetics:
Great kitchens sell homes, and the kitchen is also the room where many families spend a great amount of time, so anything you do to improve a kitchen is well worth the investment. Taking care of basic items like replacing old cabinet hardware, upgrading faucets and lighting, and investing in quality countertops can be cost-effective ways to elevate your home’s value and boost the usability of the kitchen.

Whether you plan to put your home on the market this spring or summer or intend to stay put for years to come, it pays to invest in home improvements that enhance both resale value and your enjoyment of your home.

TMA Farm Net blog - Sell or Stay, these home improvements pay off in the long run