Improving your home with your financial gains, however modest, is a worthy goal. If you renovate the right things, it can even improve the value of the house! Here are some of the first areas in which you should look for improvement.
Remodel Your Kitchen
Kitchens often fall by the wayside when it comes to remodeling, since people tend to want to remodel the cosmetic parts of the house over the practical. But a modern, efficient, clean kitchen can make an aesthetic and practical world of difference! The condition of your tile and interior color should be your first point of interest. Has it become yellowed with time and use? Ask yourself what, if anything, needs to be entirely replaced in your kitchen, rather than simply cleaned or updated. You may want to consider tearing down old, worn, wooden cupboards in favor of high-quality drawers and containers that create a streamlined, minimalist appearance.
Build a Deck
If you have the space, you may want to consider installing a deck. Why? A deck is great to have during the summer months for having meals and gatherings. It’s also a fantastic addition for the simple fact that it creates a space for both community time and individual relaxation and privacy, but outside of the home. You’ll need to ensure that the deck can be built safely in your chosen spot (taking into account the soil, the foundations of the home, the plumbing, etc.). Do the proper research into different kinds of treated wood, or wood-imitation plastic that you would want to use to construct it. Would it be a custom design, or would you use a template? Make sure the hardware in question has been treated for long-term outdoor use as well.
Updating the essential inter-home systems that support everyday life in your home may be something else you want to consider. This is especially true for older homes that often have plumbing, HVAC, heating, or electrical systems that may be outdated. Not only can making changes in these areas help you save money on energy or water bills in the long run, but you also can avoid potential dangers – such as traces of lead that can be found in old pipes. Even if no repairs are necessary, don’t forget about the advantages of modernizing your systems! Solar panels make a powerful difference, for example.
Having a large, positive gap between your mortgage and the current value of your home is wonderful. But what’s even better is using your financial safety net to, in turn, improve the home! As you go about updating, modernizing, and beautifying your property, you’ll gradually create the dream living space you’ve always wanted.
Check out this article on home improvements that require a permit!