Home improvement can improve the safety and security of your property, help you save on energy bills and even make you more attractive to potential buyers when you decide to sell. But renovations can be a delicate balancing act between investing in your house and turning off potential buyers. It’s always wise to consult a local realtor or interior designer before making any big changes, and be sure to avoid projects that will detract from your resale value.
The most popular home improvement projects this year are exterior-related: hiring landscapers is up 35%, deck construction is up 27% and putting up fences is up 24%. The reason is simple: With rock-bottom interest rates and a housing market that has been stagnant for a few years, homeowners are eager to spend some money on their homes to increase the odds of getting a good return when they finally do decide to sell.
Painting a room in neutral colors is one of the most affordable and highest value improvements you can make to your home. Adding crown and base moldings can also give a room a more refined look, and it’s relatively easy to do yourself.
When it comes to the outdoor space, a well-maintained lawn and neat landscaping can boost your curb appeal. If you have a lot of bushes and trees, consider trimming them down to size or planting new ones. Remove any dead branches, and plant shrubs or flowers for color. Also, clean up the yard by scrubbing your siding and power-washing the deck, driveway and sidewalks.