It’s important for homeowners to stay on top of home maintenance. By replacing components on time and taking care of the property, you maintain and raise the house’s value. Here are 4 ways that you can add value to your home.
Add Value to Your Home with a New Roof
A new roof is a valuable asset for your home. The roof protects all the other parts of your home from the elements and keeps your family and belongings safe inside. While a new roof is a significant investment, not replacing a failing roof will prove to be even more expensive.
Replacing the roof is a great way to add value to your home. The home will be worth even more if you choose to replace it with a high-end material with a long lifespan, like metal, slate, or concrete or clay tiles.
New Siding
The siding covers the whole exterior of the house, so it has a major effect on curb appeal. Furthermore, worn or damaged siding can’t protect the structure from moisture and pests.
Replacing a home’s siding undoubtedly adds value. Upgrade flimsy vinyl siding to sturdy fiber cement. Wood siding used to be a popular choice, but now there are options that require much less maintenance. Choose low maintenance and durable material like brick veneer or fiber cement.
Replace Windows
Old windows are drafty and often their appearance reflects their age. Replacing old windows with double or triple-paned windows will make the house worth more. You’ll also save money on energy bills because the seals will be more airtight, keeping the house comfortable all year long.
Add Value to Your Home with Landscaping
Even though landscaping needs maintenance, following a landscaping plan will increase your property value. Plant bushes or trees to make a privacy hedge or add shade in areas that get too hot, like a deck. Landscaping also includes creating paths through the yard so people do not trample over grass and flowers. Investing in landscaping is a smart decision for homeowners.
Short-Term Rental
Adding space on your property that can be rented out by the night is a profitable venture that can raise your home’s value. You could build a small mother-in-law cottage in the backyard or refinish a basement into a guest apartment. List your space on Airbnb and VRBO to create an income-generating business. If you decide to sell your home, the short-term rental space will be an attractive selling point.
Buyer’s Edge offers home inspections to Western North Carolina. Contact us to schedule an appointment for our services.