As much as most homeowners would love to buy a home and not have to make any repairs to it, that’s just not possible, nor is it realistic. And as much as it pains you to make certain repairs or improvements to your home, it’s a very important part of homeownership. You may not realize it but repairs and additions to your home are actually investments you’re putting in your home.
A lot of times, homeowners tend to think that the initial purchase of their home or property is the sole investment but everything from new windows and doors to having hardwood floors installed, any type of repair that adds to the longevity of your home is indeed a true investment in your home.
Home investments can happen for a few reasons. You might make investments in your home because you’ve determined that it’s the home you plan to settle and start a family in. You might also start to invest in your home because you plan on selling it later on down the road… The point is that when you buy a home, it’s not going to last forever without investing in the maintenance and upkeep of it.
The maintenance and upkeep of your home can be major improvements or it can be aesthetic additions that simply make you happy while living in your home or additions that you know will be appealing to potential homebuyers in the future. The key to success is knowing which home repairs and additions to make, outside of home repairs that need immediate attention.
To invest in your home’s longevity, consider these home repairs and additions.
Home Investments That Add to Your Home’s Longevity
Maintaining a well-manicured lawn is a major investment in your home, whether you realize it or not. Investing in your home’s lawn is what most people would call “sweat equity.” This particular investment is one that you can do on your own or hire professional services form but it will prove to be especially beneficial when looking to sell your home by adding to your home’s overall curb appeal.
Replacing/Updating Windows and Doors
Typically, replacement projects add more value to your home than remodeling projects. Investing in things like window and door replacements will not only add to the longevity of your home, but it will also add more value to your home as well, especially if you invest in energy-efficient doors and windows. Fortunebuilders.com states that you can have as much as a 77.5% ROI when investing in replacement windows and doors.
Garage Door Repair/Replacement
If you are looking to sell your home in the near future, two of the biggest mistakes you can make is having your garage converted into another room or attempting to make your garage repair or replacement yourself.
According to accelrealtypartners.com, poorly done home improvements are one of the biggest turn-offs to potential home buyers, and a major repair like your garage can prove to be a huge eyesore if not executed properly.
Instead of potentially causing more damage to your home, reach out to reputable garage door repair companies first to see if it can be repaired. If it can’t be repaired, then look into getting it replaced. Just make sure that whatever route you go with, make sure you hire professional services to handle the job.
When investing in the longevity of your home, never underestimate the power of “small touches.” Small touches are typically minor improvements that add to the longevity of your home from an aesthetics point of view.
Things like updating your hardware in your home will give it a more modern look that will in turn be more appealing to potential home buyers. Even small touches like installing glass shelving will not only give any room a look of luxury but it’s also a storage solution that so many homeowners tend to forget about.
Everything from storage solutions to functionality, small touches are certainly things worth investing in for your home, whether it’s for you or potential home buyers.
An updated kitchen is one of the biggest priorities at the top of most potential home buyers’ wishlists. Why is that? Well, if you think about it, the kitchen is one of the most congregated areas of a home. People gather in the kitchen to cook, eat, and socialize, and because of that, there is a high demand for that particular room to provide the most ease and convenience as well as functionality.
With kitchen renovations, one thing to keep in mind is the cost. If you can keep your kitchen renovations under $15,000, your return on investment will be significantly great and will more than pay for itself in equity.