To make sure that your home is in great shape in terms of both function and appeal, you need to work on a home improvement or two whenever you can. This should help keep your home updated and attractive all through the year, especially when you pick the right projects to work on. With this in mind, it may be a good idea for you to start a home improvement project next year. Here are four great reasons why this is the best thing that you could do.
1. You Can Improve Energy-Efficiency
One of the best reasons for you to work on a home improvement or two is that doing this can help you improve energy efficiency. That’s because when you improve your home, you may get newer appliances that have been designed with energy efficiency in mind. This can be quite substantial when you think about it. In fact, as an example of how much more efficient in terms of energy modern appliances are, a fridge from 30 years ago or from the mid-80s used a whopping four times as much electricity as its modern counterparts. This is roughly 1400 kWh a year in the past, compared to just 350 kWh.
2. You Can Make Your Home More Modern
Another benefit you can get from improving your home is that you can make it trendier and more modern. It’s no secret that, as time goes by, what was appealing and sought-after becomes less attractive. By modernizing your home, you stand to improve not just its appeal, but its value as well. This is based on the fact that a kitchen remodel yields a 71% return on investment, according to Bob Vila. By keeping your home looking modern, you’re sure to have a much easier time selling it if you ever decide to put it on the market, and you’ll also make your life a lot more comfortable in the process.
3. You’ll Improve Your Home’s Value
The other reason to choose a home improvement project is that by doing this, you stand to make your home more valuable as mentioned. That said, not all home improvements are created equally, with some offering better returns than others. This can be seen from the Cost vs. Value Report from Remodeling Magazine, which is an industry trade publication, in 2020. It shares the renovations that saw the most significant costs made back on the sale of the home. These include minor kitchen remodels at 78%, replacing the siding at 78% for fiber cement and 75% for vinyl, and adding wooden decks at 72%.
4. You’ll Have an Easier Time Selling
Finally, should you decide to put your home on the market for sale, you stand to have an easier time and get a better price for it if it’s been kept in a modern and functional state with home improvements. If you have plans to sell your house in the near future, you should choose the most beneficial improvements to work on. Doing this is going to make things a lot easier for you down the road, because you won’t have a lot of work to do. By working on one project after another, you may also find this process a lot more manageable as you won’t tie up too much of your time and money on the various projects which can really add up. When you work on these projects without pressure, it may also be easier for you to choose the best projects to do, and get them done the best way.
These are four great reasons to motivate you to get started on a home improvement project as soon as next year. Remember to take your time and get a good job done by working with professionals and planning well. As a result, you’re sure to benefit immensely in the end.