Do Home Improvements Add Value?

Homeowners can get repair and improvement grants from the Housing Executive in certain circumstances. We’re committed to providing you with a home that’s in good repair, modern and safe to live in. Each year we spend millions improving, maintaining and adapting our homes. We do this through planned programmes of work and we also allow you to make small improvements yourself, with our permission. Today’s housing market is leaner, pricier and more competitive than ever – and that has more homeowners deciding to remodel rather than move. Home renovation is a booming business. The choices for upgrades are endless, but some offer a far better payback than others.

AFTER: The renovated kitchen is a functional and comfortable space with a combination of mixed metals, sleek white cabinets and countertops, and new stainless steel appliances. A long kitchen island and barstools were added to the center of the room for easy food prep and extra dining space. 55. Find new homes for stuff during a reno. Donate luxury kitchen appliances, cabinetry, and bath fixtures to charity. Renovation Angel offers white-glove removal — plus you’ll get a nice tax deduction.

1 Pfleger, W., C. Perry, N. Hurst, and J. Tiller. (2011). Market Impacts of ENERGY STAR® Qualification for New Homes US Department of Energy Award No. DE-EE-0000157. pp. 53. Retrieved June 28, 2015. You should always complete an energy audit, and other efficiency improvements first. That way, your system will be the right size for your home’s needs. Although painting is the single most cost-effective improvement you can make before selling your home, it won’t return any bang for your buck unless you do the painting yourself. Fresh coats on the exterior or interior certainly make any home more saleable, but appraisers don’t boost your value because of them.

With buyers now rating more electrical sockets over a bath tub, garage and large living room, adding more charging points to your home can add a whopping £4,000 in value to your home, costing as little as £800. Owner-occupiers, landlords, tenants, licensees, and occupiers of some houseboats and park homes can apply for a disabled facilities grant, provided the work is for the benefit of a disabled person who lives or will live in the property.

Home improvements are a big expense, so you want to make sure you’re getting a decent return on investment (ROI) out of them. The first thing you should always invest in is home maintenance. A newly finished bathroom or kitchen isn’t going to help sell your house if your roof leaks. Make sure you keep priorities. From a single room improvement, kitchens & baths, condos and whole house renovations, to new custom homes; our diverse in-house group of professionals allows us to put together the right team – specific to your project.