6 Smart Home Improvement Projects

6 Smart Home Improvement Projects

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Updating your pool or adding on a sun room to your home may sound like wise investments but if you think that you’ll get your money back when you sell your home, think again.  These projects while offering important lifestyle improvements won’t do much to add to the value of your home.

If youre planning to renovate or add in a bath, your project just may add to the value of your home.

If you're planning to renovate or add a new bath, your project may add to the value of your home.

But there are some home improvement projects which do add value to your home, perhaps making a difference when it comes time to sell. In this weak housing market, homeowners need to carefully consider what jobs they want to have done in order to improve their home’s look and value.

New Roof — If your roof is near the end of its useful life, then it is time to think about replacing it. But the job could be more complicated then imagined — if two layers of shingles are underneath the room, then those must be pulled off. Also, if plywood panels have rotted, some of these may need replacing. Don’t forget gutters and downspouts even fascia may need replacing. Roof jobs can run from $5000, easily topping $10,000 if repairs are needed or higher quality materials are selected.

New Windows — Window technology has changed dramatically over the years, with many manufacturers offering argon gas filled windows to help keep interior temperatures more consistent. Windows and doors are among the top “curb appeal” items that buyers look at. With a federal tax credit in effect for 2009, energy saving windows could be the best investment you make this year.

Fresh Paint or New Siding — Add no maintenance siding to your house and suddenly your home’s visual appeal has been raised considerably. Unfortunately, many homeowners find the cost prohibitive or worry if they’ll ever recoup the investment.  Experts are divided on this so if money is an issue, consider repainting now and adding siding down the line.

New Bath or Remodel — Bathroom projects can get expensive but if you’re remodeling an existing bath, you can keep these costs down. In addition, if you are adding a new bath, you can realize savings if plumbing is already in place. Half-baths typically don’t add much to a home’s value so consider a full bath if possible.

Kitchen Refresh — We’ve all heard about the kitchen update that cost more than $100,000, something the neighborhood foodie wanted done so that he could expand his culinary skills accordingly. Most major kitchen projects don’t pay for themselves, but if you are looking to modernize your kitchen replacing appliances, counter tops and cabinet faces just may do the trick.

Basement Room — Our previous home had half the basement finished off which proved to be a selling point that our buyers embraced.  That room had a wall running down the middle splitting the furnace and work room from what we used as a recreation room. Floor tiles, paneling and a dropped ceiling completed this room which utilized a separate heating system for winter.

Of course, if you’re doing any kind of work on your home and you want to make changes to enhance your lifestyle, then go for it. Just don’t expect to recoup the full cost of your project and avoid doing anything that could away future buyers from your home.

Adv. — Visit LetsRenovate.com to find pre-screened home contractors too. Check out our free online planning sheets, helpful tools which will enable you to get the job done.

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Categories: Home Improvement

About Author

Matthew C. Keegan

Matt Keegan is a freelance writer and editor as well as publisher of "Matt's Musings", his personal blog. Matt covers campus, consumer, business and financial topics on various websites and blogs, and has been published in the "Houston Chronicle", "Sam's Club Magazine" and "Wisconsin Golfer".