Remodeling your home to increase its market value isn’t as easy as it was during the housing market’s heyday. According to the nation’s leading remodeling publication, the average cost-value ratio for upscale remodeling projects now stands at around 60 percent. Today’s homebuyers want well-cared-for properties that won’t require a lot of upkeep. Home improvements that contribute to home safety and comfort offer some of the best returns on your investment. Here are five easy-to-implement upgrades that can increase the value of your home.
1. Secure Entry Doors
Installing a stylish steel entry door not only ensures that your home makes a great first impression but enhances home security too. A steel door installation project also offers a great return on investment (ROI). You can expect to recoup all of the material and installation costs for the project when it comes time to sell your home.
2. Smoke and Carbon Monoxide Detectors
In addition to adding another level of protection for your family, smoke alarms and carbon monoxide detectors provide a clear indication to homebuyers that you care about maintaining your property and ensuring its safety. For the best ROI, choose interconnected devices that will sound an alarm throughout your home should an emergency incident occur.
3. Security Systems
Homeowners are increasingly opting for security systems that offer them safety in house rather than enrolling in expensive off-site security maintenance services. Wi-Fi enabled systems allow you to access controls over the Internet on your computer, smart phone or tablet. Features like motion-activated alarms and built-in cameras attract homebuyers and increase your family’s safety.
4. Universal Design
Home shoppers look for properties that will meet both their present and future safety, health and comfort needs. It pays to consider the concept of universal design when undertaking any remodeling project. Installing fixtures that people of any age or ability can use shows homebuyers that you take home maintenance seriously.
5. Quality HVAC Systems
A recent survey conducted by a national real estate company found that homebuyers look carefully at a home’s heating and cooling systems when shopping for properties. Around 65 percent of the survey’s participants listed a central air conditioning system as very important to them. The most affordable way to ensure that your HVAC systems operate safely, efficiently, and effectively is to enroll in a regular maintenance program.
When it comes to raising your home’s market value, you can’t go wrong with home improvements that make your property a safer and more comfortable place to inhabit. Homebuyers want a home that they can count on to keep their families safe, healthy and happy for many years to come.
Article and Insights provided by Rose McKellen.