In many countries, the current real estate market is not doing so well. This is prompting a large number of people to not sell their houses. Rather, they have made up their mind to hold on to them till things are better.
The good news is that there are various home improvement projects that you can undertake which can add an extra value to your house as well as improve your quality of life. So, if you are planning to work on your home improvement ideas, you can definitely enjoy the updates and benefits.
Do a makeover of your kitchen
There are many homeowners who regard their kitchen as the soul of their home. The reason is, when a kitchen is remodeled, the investment pays off. As long as you do not overdo it, you can expect to get back a minimum of 60 percent of the investment made, according to real estate reports, However, do not try to make your kitchen look fancier as opposed to the remaining house or your neighborhood.
A coat of fresh painting does help
When you are planning to remodel your kitchen, the expenses can vary in the range of $5,000 to $75,000 or even more than that. The color plays an important role in such a project’s viability. When you use fresh paint in contemporary colors, it does wonders for your kitchen. Moreover, paint is comparatively cheap. You can even use low-VOC paint in your kitchen. The paint will make your kitchen environment-friendly. Additionally, your family members need not breathe in harmful chemicals such as benzene, which comes out of fresh paint.
Use appliances that consume low energy
You should replace your existing appliances with models that are energy-efficient. The appliances that are star-rated are more Eco-friendly and also help you to save money. This is because they are known to consume less energy. Many buyers are keen to discover ways for saving money when they shop for their new homes.
Adding an extra bathroom
Does your home have just one bathroom? Then you can divert a part of your investment to add one more. You can find extra space for your new bathroom by taking a look at any under-utilized space in your home. You can also look at spaces under the stairs or closets.
These home improvement ideas should come in handy when you are planning your home improvement project.