Home Improvement Can Increase Or Decrease Your Home’s Value When It Comes Time to Sell

Home improvement

Home improvement, renovation or remodeling is the process of improving the interior and exterior of a home. Homeowners typically renovate for a number of reasons, including increasing the home’s value or making it more functional for their family. But jumping into a project without doing the research is a recipe for disaster. Some projects may actually detract from your home’s value when it comes time to sell, so be sure you plan your budget carefully and choose a contractor wisely.

Home improvement can be a fun, rewarding hobby, especially for those with the skills and resources to do it themselves. But before you start any work, be certain to write out a list of all the things you want to have done, and be specific about them. This will help you negotiate with contractors and lock in firm prices. It will also protect you from contractors who might try to tack on additional work without your permission.

One popular home improvement project that will likely increase your resale value is installing new windows, according to Angi, a contractor search service. It’s important to choose energy-efficient windows, which can save you money in the long run. Other good windows include clad wood, vinyl or fiberglass models. On the other hand, some types of trees can decrease your home’s resale value, including oak, female ginkgo biloba, sweet gum and locust trees. Also, a messy-looking yard can drive potential buyers away. Be sure to prune or remove any limbs that are overgrown or obstruct your view.