A home is a place where you and your family can gather, rest, and enjoy life. However, your home is also a major investment. Whether you’re looking for ways to improve the quality of your home or build on your investment to help it gain value over time, there are a host of renovations you can pursue. To help you find some inspiration, let’s take a look at five investments to make to your home that are worth the money.
1. Metal Roofing
If a new roof is on your to-do list, you might want to consider metal roofing instead of more traditional roofing styles. Metal roofing offers a host of benefits, including a lifespan of approximately 40 to 70 years, defense against strong winds and impacts, and even greater energy efficiency due to the fact that metal roofs are more efficient at reflecting sunlight.
2. Wood Deck Addition
If you have a large backyard space that needs to be filled, a wood deck addition is always a valuable renovation to pursue. This charming home improvement will give you plenty of space for barbecuing, entertaining guests, and even relaxing and enjoying nature. Whether it’s for you to enjoy or you’re building it to increase property value, it’s a worthy addition!
3. Modern Kitchen Remodel
The two most popular areas in the home to remodel are the kitchen and the bathroom. A modern kitchen remodel can be a great way to improve the look and functionality of your kitchen. Of course, it doesn’t have to be a major remodel either. Simply upgrading the sink and faucet, installing new cabinets, and switching out countertops can be more than enough.
4. Accessory Dwelling Unit
This may not pertain to every market or every homeowner, but it’s certainly worth considering for some families. Aptly named, an accessory dwelling unit (ADU) is a part of your home or a part of your property that has lighting and plumbing. ADUs offer a wide range of benefits. This includes having a place where elderly family members can live comfortably, a space that you can rent out to generate additional income, and even a nice guest space for visiting family.
5. Energy-Efficient Appliances and Windows
Do you find that your electric bills tend to spike dramatically in the winter and the summer? Do you avoid running certain appliances because you know they’re expensive? Now might be the right time to upgrade your appliances and certain areas of your home. Making the switch to energy-efficient appliances can help you reduce energy waste and energy spending. You should also examine certain areas of your home, like your windows. Should there be leaks, your windows could be letting air into your home, thereby making your HVAC system work harder. You’ll save money in the long run with these upfront investments!
Your home is an investment, and upkeep is essential to maintaining its value and making sure your home is livable. Use the guide above to target some home renovations that are worth the money! It might be hard to devote financial resources to your home, but the financial investment will well be worth it.