Most homeowners have some DIY projects or simple upgrades on their to-do list, from installing new gutters to sprucing up the landscaping.  Something that does not always come to mind while getting those items done is adding to the home’s value. Not every home improvement increases the value of a property, whether they are a necessity or not.  

 

  • Landscaping Keeping your yard trim and weed-free does not decrease or increase your home’s value, but when it is time to sell a home, neat landscaping is a must. The one outdoor project that could increase the resale value of the home is constructing a deck. 
     

  • Flooring This is a personal choice, but if the homeowner knows that they will sell in the future, the cost of refinishing or adding hardwood flooring will come back to them in the sale.  Installing the floors could be a long-range DIY job but hiring a pro for a refinishing job is the wisest thing to do. Think of it as an investment, not an expense. 
     

  • Roofing Keeping the roof in sound condition is considered regular maintenance, so putting on new shingles because the homeowner would like a new color will not add value.  Installing a metal roof, on the other hand, could add value to the house, depending on the location. 
     

  • Home Systems Installing new plumbing or HVAC, or upgrading electrical are all considered maintenance, and no matter the cost, will not add to the value of the house. 
     

  • Remodeling Kitchen and bathroom remodels are your best choice for a project that will pay you back upon the sale of your home. 
     

  • Swimming Pool Putting in a pool is simply a personal choice.  Rarely does an added pool or spa put money in your pocket in case the house is sold. 
     

  • Additions Adding a sunroom, garage or home office will not necessarily give a good return on investment. An extra bedroom, however, is a good choice, but must be built to certain specifications to qualify as a bedroom in real estate terms. A reputable builder knows the requirements necessary for the extra space to be considered a bedroom, so choose wisely. 

 

Nolo.com has some excellent information on projects that are worth the cost in home value, as well as other home improvement tips.  When in doubt, do some research, and give your RealtorⓇ a call, as they know exactly what you need to do--or not to do--to get the most out of your house. 

 

Courtesy of Chester County PA Realtor Scott Darling.

 

Photo credit: Boston Herald