Home Improvements That Add Value
The aesthetics of our surroundings can have an impact on our wellbeing. The houses and neighborhoods we live in can often play a large part in our happiness. One of the biggest factors influencing our daily joy is the interior space we live in, which means home improvements are probably important to your quality of life. Luckily there's never been a better time to renovate.
There are many benefits to embarking on a home improvement project. Whether you're hoping to create the home of your dreams or you're looking to increase your home's value for resale, there are key results you should keep in mind. They include:
- getting the best return on investment
- meeting buyers' expectations
- saving money
- creating a happy space that's all your own
Staying on top of the renovation trends that add value is also important. Millennial home buyers, for instance, may want to see different attributes in a home than other buyers in different stages of life. Millennial-friendly concepts include:
Balance: open concept floor plan to better interact with friends and family, updated kitchen baths, first floor laundry room and outdoor living space.
Sustainability: energy-efficient furnace and air conditioning, energy-efficient appliances and windows and extra insulation for reduced utility bills.
Technology: programmable thermostats, whole home speaker systems and timing irrigation systems.
To get specific percentages on return on investment for common home improvements and learn more surprising qualities buyers want in their next home, check out our infographic below.
You can also learn more about how Discover Home Loans, which have flexible loan terms and zero fees, can help you achieve your home improvement goals.