Homeowners who are thinking about a major renovation should weigh the pros and cons of their projects carefully. If they want to improve their homes, it’s important that they focus on things that will add long-term value.
For example, adding built-in storage is a popular home upgrade. It gives homeowners a custom look and can help make their home feel more spacious.
1. Paint the Exterior
Painting your home’s exterior is a low-cost way to improve curb appeal and boost your home’s resale value. It’s also a fairly easy project to take on, especially for homeowners comfortable working on ladders.
In addition to improving curb appeal, a fresh coat of paint protects your house from sun and weather damage. It also helps blur the line between indoors and out and adds personality to your home’s style depending on the color you choose. You should plan to tackle this project on the weekends during dry weather.
2. Install a Deck
Installing a deck is an excellent way to increase the amount of time you spend outside and improve your home’s curb appeal. A deck can also add dimension to your yard and increase resale value.
Before you begin construction, be sure to consult your local building code to find out if a permit is required for your project. In addition, familiarize yourself with the International Residential Code to learn the guidelines for joist spacing and spans. This can help you avoid future issues with your deck.
3. Add a Pool
Many homeowners consider a pool to be a “passion project” because it represents a luxurious lifestyle. However, pools do not increase home value and come with a lot of maintenance costs.
They are also only usable a few months of the year in most climates and can make your home seem less appealing to buyers. So, unless you live in a warm area and a high-end neighborhood, a pool may not be worth the investment. However, it may be a good idea if you have restless kids who need to expend their energy.
4. Add a Fence
When it comes to increasing the value of your home, a fence is a great choice. It creates a barrier that keeps pests and other unwanted guests out of your yard.
It also helps to keep children and pets contained in the backyard so they don’t escape. A fence can also solve disputes with neighbors about land boundaries.
Though it has a utilitarian purpose, homeowners often build fences for their style. A well-designed fence can add a great deal of beauty to the front and backyard landscape.
5. Add a Deck Extension
Homeowners are always looking for projects to add value to their homes. And while a new kitchen or bathroom may be top of mind, a deck or patio is also a great way to increase the amount of living space.
Adding a deck extension is easy. If you’re building a same-level extension, simply attach the new frame to one of the existing substructure support beams. If you’re creating a step-down or step-up extension, you’ll need to install a ledger board.
A screened-in porch or deck provides a cozy spot to enjoy outdoor meals and cocktails with friends. It’s also the perfect place for a barbecue and hummingbird or squirrel feeders.
6. Add a Patio
A patio is a great way to add value to your home. It gives you a place to relax, entertain friends, and enjoy the fresh air and sunshine.
A well-designed patio can increase your home’s value by a few thousand dollars or more. It’s a feature that many home buyers look for in a property.
It’s a great space to have breakfast, unwind after a long day, and entertain guests. A covered patio also keeps you and your guests protected from sudden rain showers.
7. Add a Covered Porch
A porch is a great place for kids to play and adults to relax. It can also add value to your home, especially if you live in a competitive area or sell at a busy time of year.
A porch can be a more affordable option than a sunroom or other home addition. It can also be built in a variety of styles and materials to suit any home.
Once you find the right contractor, work with them to create a timeline that works for your schedule and budget.
8. Add a Deck
Adding a deck is an ideal way to boost your home’s value. It allows you to spend more time outdoors, while also offering a place to entertain guests and family members.
While DIY projects may seem enticing, it’s always best to hire a professional. They’re experienced and can ensure the job is done correctly. Additionally, they can help you stay within your budget. A professionally-done project will almost always add value at resale. This is true of many different types of projects, including a patio or deck.
9. Add a Fence
A fence offers a number of lifestyle benefits for homeowners, including privacy and protection from outside noise and distractions. Families with children and pets will also appreciate the added security that a fence provides.
While a fence may not be as big of a recoup as an updated bathroom, it’s still a great project to consider in 2023. With a bit of planning, it’s a great DIY project that will recoup almost half its cost. This makes it a smart investment. In addition, you’ll add a lot of curb appeal!
10. Add a Deck Extension
A deck extension is a great way to add living space to your home. It’s also a good option for people who like to entertain guests.
To install a deck extension, you’ll need to remove some existing floorboards and build a frame for the extension. Then, attach joists to the outside of the new frame using metal corner brackets. You can choose between a same-level or step-down extension. Once you’ve outlined the perimeter, mark where support posts and footings will go with wood stakes and string line.