Despite the fact that a home’s appreciation rate drastically varies by its location, the national average appreciation rate stands at 3.8% per annum. That said, there is so much more you can do to increase the value of your home. Renovating your home with some incredible and useful home installations is one of them!
The US home remodeling market is set to hit a staggering $500 billion by 2026, which says a lot about home renovations and home installation geared towards improving a home. The trick here, though, is knowing which home installations will add value because not everything you invest in automatically will.
Well, worry not because, in this post, we’ll share some of the best home installations that will be well worth it as they’ll add value to your property.
- Installing a New Roof
Installing a new roof may not be the first thing that comes to mind because this is an expensive Project. However, this is one of the best ways to increase your home value. Apart from an increased resale value, installing a new roof will give your home an excellent appearance upgrade and improve your curb appeal.
The roof is an incredibly important part of the house, and the one place all buyers will scrutinize if you ever decide to sell your home. Most home buyers are afraid of repair issues like leaking roofs because they cost a significant amount to fix. However, they will highly appreciate not having to worry about the roof at all.
- Installing a Home Water Filtration System
It may come as a surprise, but an average of 21 million people rely on unsafe water in America. One of the best things about this home installation project is that it won’t break the bank and will be completely useful to you and any buyer in the future. When you think about a water filtration system that will add value to your home, go beyond the regular faucet filter.
Consider a whole house water filtration system that will connect to all the water supply throughout your home. Ensuring that you and your family get safe drinking water at all times will have a major impact on your lives, and the system will undoubtedly add value to your home when the time comes to sell it. Read more about choosing the best home water filtration system and make an informed decision.
- Install New Gutters
Who would have that installing new gutters could increase the value of a property? It’s usually easy to prioritize popular remodels and landscape projects like bathroom and kitchen remodels, but one of the most important assets to a home is a well-maintained gutter system. You may not have the capability to install a new roof, but installing new gutters will go a long way into improving the value of your property.
Apart from enhancing your curb appeal, new gutters will extend the lifespan of your roof because clogged and damaged gutters always lead to things like rot, mold, and erosion that will result in expensive repairs. Even worse, damaged gutters can lead to flooding in the basement or crawl space.
This will diminish the integrity of the property’s foundation and compromise the whole structure entirely. New gutters will improve the durability of your home and increase its value significantly.
- Install New Blinds or Shutters
If your home is still sporting old-school vertical blinds or aluminum blinds, you may want to consider replacing them. You see, new window coverings will really modernize your home, and it doesn’t have to cost you an arm and a leg to do it. If you’re on a budget, consider installing basic wood blinds.
To make the upgrade even more value increasing, why don’t you go the extra mile and try plantation shutters instead. Even if you have to custom make them for irregular windows, you can be sure that there will be a major selling point when the time comes to sell your home.
- Install a New Front Door
How often do you think about your front entryway when getting into your home? Who invited is it for you and your visitors? Would it automatically attract potential buyers if you want to sell your home?
One of the biggest selling points of a home is the curb appeal, and your front door is the focal point of that curb appeal. Giving your home a facelift by replacing your front door will go a long way to increasing the value of your property.
All things considered, go for a front door that is not only appealing but secure and safe as well. Make it a statement. If it’s not within your budget, then consider repainting the door you currently have instead. Most home upgrades don’t come cheap, so always know when to compromise.
- Install a New Bathtub and Toilet
Some of the best home installations that increase value to a property have everything to do with the bathroom. The toilet and the bathtub are two of the most essential features, and the new buyers will be more than glad to find new installations.
A new toilet and bathroom addition will add significant aesthetics to the bathroom, so get new and stylish additions that will complement the rest of your bathroom. This is one of the best home upgrades even you and your family will enjoy.
- Install a Programmable Home Thermostats
Heating alone costs Americans a whopping $73 billion each year. A programmable thermostat will be a valuable addition to your home because it allows you to customize your temperature profile at any time of the day. Being able to control the heating in your home whenever you’re not around or while you sleep can lead to significant savings on a monthly basis.
With energy costs on the rise, any home buyer will appreciate the fact that you thought about saving on utility bills by installing a programmable thermostat. If you can afford it, install a wifi-enabled thermostat that is easier to control through smartphone devices even when you’re away from home.
Top Home Installations to Add Value to Your Home
If you have been thinking of ways to increase the value of your home, these home installations will go a long way. The best part is that most of them are inexpensive, and you can add each one gradually with time. Any home buyer will appreciate any of the home installations above because they’re all valuable and useful.
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