Whether you’re planning to sell your home in the future or simply want to make it feel more comfortable and stylish, there are a wide range of expert-approved upgrades that will boost your comfort, storage and energy efficiency. But while many of these updates are relatively inexpensive, the projects that add the most value to your home tend to be more expensive.
It’s important to keep in mind that if you overspend on renovations, your home won’t have the same resale value as it would if you kept within a reasonable budget. For instance, if you spend $10,000 on a new kitchen range but most buyers are looking for mid-range appliances, you won’t recoup your investment. Similarly, a Jacuzzi tub won’t appeal to all potential homebuyers and may actually deter some from making an offer.
To get started, consider having an interior designer visit your home for a consultation. They charge an hourly fee, but they can provide you with plenty of ideas that are likely to appeal to a broad market.
A well-kept yard is also one of the cheapest ways to improve your home’s curb appeal. Pull out weeds and plant a few shrubs and flowers. A fresh coat of paint is another easy-to-do project that can dramatically change the look of a room. Adding more storage space — such as built-in shelves and understair cabinets — is also a smart upgrade. But remember, it’s best to keep your storage upgrades consistent with the size and style of other homes in your neighborhood.