Every home needs to be repaired from time to time, and most homeowners have the foresight to plan these repairs in advance so they are never blindsided by them.
But the smartest homeowners also make sure that every dollar they invest in maintaining their home will also make it more attractive to future buyers.
If you want to tackle a maintenance project this summer, ensuring that it will contribute positively to the value of your home is a great way to guarantee that the money you spend now is an investment in the future value of your property.
1. Invest in a New Roof
Installing a new roof is probably one of the biggest investments you can make in your home. Not only is the roof an absolutely essential component in ensuring the structural integrity of your house, it also plays a major role in regulating temperature and humidity and making sure your living space is comfortable.
If you plan wisely, a new roof can last for decades, so if you want to increase the re-sale value of your home in the medium term, make sure to get your roof fixed properly by a professional roofing company this summer.
If you walk down a residential street, well-designed landscaping will likely be the first thing that to make one home stick out over the others. If your house is a jewel, the landscaping is the setting that will bring out all its beautiful facets.
If you live in a temperate part of the United States or Canada, climactic conditions mean that landscaping can only really be done in the summer months, so take advantage of the good weather to plan an ambitious redesign of your house’s grounds that will increase its overall value year round.
3. New Windows and Doors
As awareness about the importance of energy conservation grows, more and more home buyers are seeking out properties that are designed to conserve as much energy as possible. This means that many people who are looking for a new home are going to be paying close attention to the building’s overall efficiency.
One of the best ways to improve your home’s efficiency is by investing in better insulation.
It isn’t always easy to replace the insulation in walls and your attic, but because twenty-five percent of total heat loss is caused by poorly insulated windows and doors, you can make significant reductions in overall energy use by upgrading these components.
If you want to know what windows and doors to purchase, look for the Energy Star certification and eco-friendly brands that specialize in these products.
Traditionally, owning a home has been one of the most reliable ways for ordinary Americans to build equity. But simply purchasing a house and waiting for the value to appreciate isn’t enough: like all investments, a home must be tended to and maintained if it is to grow in value.
Investing in regular maintenance projects is a practice all homeowners should embrace, so this summer, why not put your money where it will garner returns in both the short term and the long term by installing a new roof, updating the landscaping, or purchasing new windows and doors?