Whether you are planning to move, want to improve your current home, or simply want to add more value, there are many things you can do to improve your home. These tips can help you improve your home’s resale value and energy efficiency.
Increase the resale value of your home
Keeping a home in top shape is a top priority. Taking the time to perform minor upgrades and repairs can be a game changer when it comes time to sell your house. This includes things like fixing up the yard and ensuring the roof is in working order.
A new roof might seem like a chore but it’s an opportunity to freshen up your home for the future. A good pressure washer can make quick work of oil stains on your driveway. A few new plants and shrubs can also help spruce up your landscaping.
Increase the value of your home with energy-efficient upgrades
Investing in energy efficient upgrades can help you to lower your monthly costs and improve the indoor air quality of your home. Whether you’re looking to sell your home or just make it a little more livable, these energy efficient upgrades are sure to add to your home’s value.
A programmable thermostat and a compost bin are two small but useful ways to help you save money and reduce your carbon footprint. You can also improve the value of your home with the most efficient way to light your outdoor spaces.
Getting a home warranty may also be a good idea. This will help protect you from unexpected big ticket expenses. Getting a home energy audit can also help you to determine how energy efficient your home is. The cost will vary depending on where you live.
Get a loan that fits your financial situation
Whether you’re planning to make repairs, renovate, or just add value to your home, you can get a home improvement loan that fits your financial situation. There are several options available, and it’s important to research your options before making a decision.
A home equity loan is one of the most common types of home improvement loans. It allows you to borrow money against the value of your home, and it has fixed interest rates and a fixed repayment period. Home equity loans may require a minimum amount of equity, such as 15%, to qualify. In some cases, you may need to pay a fee or an appraisal before you are approved.
Make sure the contract protects your rights
Having a home improvement contract in place ensures that all parties involved are on the same page. In addition to defining the scope of the work to be done and the amount of compensation to be paid, a contract also outlines procedures for handling problems. Depending on the size and type of project, a contract may include other items such as cleanup.
When working with a contractor on a home improvement project, make sure that he or she is licensed, insured, and knowledgeable about the contract. In addition to performing the work, the contractor is responsible for ensuring that the project is in compliance with local residential codes.