While the housing market may rise and fall, the fastest way to increase your home’s value will always be through home improvement projects. However, before you start tearing up floorboards and knocking down walls, it’s important to note which projects are worth the time and money, and which aren’t.
While many home improvements can add significant value to your property, some projects can actually cost you money and value in the long run, especially when the market is down. Fortunately, we’re here to help. At The Strait & Lamp Group, we’ve collected some of the best home improvements out there to boost your home’s value. From large remodeling projects to small finishing touches, these home improvements have been found to consistently raise a property’s value.
Finish a Room
Adding an entirely new room to your home can be costly, and often takes significantly longer than initial estimates suggest. Instead, consider finishing an incomplete section of your home. Reinventing an unused or underdeveloped room can have a huge impact on your home’s value when you go to sell it. A basement den, an attic nursery or a small apartment for an aging relative can all add considerable value while costing significantly less than building an addition to your home. Finishing touches such as custom trim and door casings from Dublin Millwork can make all the difference.
Energy efficiency is one of the best investments you can make, and for good reason. Energy-efficient houses often sell for thousands more than similar homes with a lower energy rating, and save hundreds a year in heating and cooling costs. Energy-efficient windows such as Andersen Windows from our Linworth Lumber location are the perfect addition to any home renovation project—but don’t stop there. A new set of exterior doors can make a huge difference to your house’s look and value.
Add a Deck
Adding a deck is an affordable way to upgrade your home that almost always increases value. Outdoor spaces are becoming more and more important to homeowners, and a deck is a noticeable change that doesn’t involve adding additional square footage to the home. Whether you’re looking for a modest wooden deck to enjoy your backyard or a composite deck with all the trimmings, 5th Ave. Lumber, Linworth Lumber, and Strait & Lamp Lumber have what you need.
General updates are a perfect example of when the whole is greater than the sum of its parts. New exterior trim or siding can make a house look new again. A new or updated roof is always a selling point, and fresh windows can make a house feel modern. Increasing curb appeal and making your house look beautiful is a surefire way to increase value in the long run, and The Strait & Lamp Group is here to help. We work with you to determine the best improvements to prioritize.
At The Strait & Lamp Group, we’re committed to providing only the best materials and professionals for all your home improvement needs. Whether you’re looking to update your home’s interior, remodel a house or business, or need help planning renovations, We’re here to work with you and make your dreams a reality.