If you own a single-family home, it's fun to make it your own. While doing things like painting walls and adding wallpaper is fun, they may not be adding value to your home overall. But is there a way to make your home your own while still adding value to it? Here are a few ways to do just that.
1. Remodel Your Kitchen
You almost can't go wrong when you add a new kitchen to your home. Although a kitchen remodel can be extremely expensive, you are more likely to add value to your home with a kitchen than with just about anything else. To make sure that you are actually adding value to your home, here are a few things to consider adding to your kitchen.
Double ovens, a gas range, and a nice refrigerator are all appliances that you will use and that can add value to your home.
Stone countertops like granite, marble, and quartz can give a really timeless look and feel to a kitchen. Plus, they are durable and long-lasting.
Custom cabinets can elevate just about any kitchen space. With unique features like soft-close drawers and custom paint colors, your cabinets are going to make one of the biggest statements in your kitchen.
A tile backsplash is likely to be one of the most affordable additions to your kitchen but it will tie everything together and make it look more complete.
Large Kitchen Island
A kitchen island can essentially replace your table and give you tons of extra counter space to cook on.
2. Add a Deck
If you and your family like spending a lot of time outside, consider adding a custom wooden deck off your home. A wood deck is a great way to get everyone outside and create an outdoor living space. Imagine spending your summers grilling on your deck with neighbors while your little ones run around.
Plus, adding a deck to your home can also increase the overall value. Why? Because when people see that there is outdoor square footage, they may be more inclined to make an offer.
3. Update Any Bathrooms
Having a newly remodeled bathroom can make your everyday life a lot more enjoyable. Whether you have one bathroom or multiple bathrooms, getting new tile, a new bathtub, and a new bathroom vanity can really elevate your overall bathing experience. If you don't have a lot of money in your budget to fully remodel your bathroom, consider making some minor improvements like getting a new bathroom countertop, painting the cabinetry, and adding new lighting. While you may only be spending a couple of thousand dollars, it will make you enjoy your bathroom that much more and it is something that may also increase the value of your home.
To learn more about updating single-family homes with ROI in mind, take to a real estate agent about what is selling in your area.