Real estate has produced several millionaires, thereby attracting a large pool of investors into the business. With many players on board, stiff competition makes it hard to make a sale without proper remodeling of the homes. Here are three modifications to increase your home’s value.

New Roofing

A new roof is a must when endeavoring on projects that will increase your home’s value. Over time, the shingles or granules may get damaged due to extreme weather conditions such as storms. Based on the extent of the damage, you must do an entire replacement or repair of the roof. When thinking about home resale, a new roof will make your home stand out from the rest by its curb appeal. Many prospective home buyers will rather purchase a home with a new roof than an old roof. It lifts off the burden of having to replace the roof in decades to come from the buyers.

Roofing is an expensive investment, and materials used should withstand prevailing weather patterns. According to Cenvar Roofing, a company that specializes in roof repair in Fredericksburg VA, the roofing material must resist strong winds, hail, heavy rains, and extreme temperatures. Further, the selection should be impervious from insects and rot.Good roofing means more savings for homeowners. A great roofing contractor while undertaking a roofing project, will ensure your home enjoys as much natural light as possible. Modern technologies in roofing materials help to reflect away solar heat, hence reducing the cooling costs.

Finish Your Basement

An unfinished basement not only devalues your home but it poses many risks to the inhabitants. Molds, leaky pipes, and poor electrical connections characterize unfinished basements. However, finishing the basement will dramatically improve the value of your home. A finished basement means more space for you. You can reimagine the basement into an extra room for a guest suite fitted with a kitchen, bedroom, and bathroom. It can also act as a storage facility for your winery or delicate assets you no longer require in the living rooms. The basement could act as a child play area, entertainment hub, or your home fitness area.

A finished basement with proper insulation helps to reduce strain on your HVAC systems, reducing your utility expenses. You will save more than building an extra room from scratch by remodeling the basement. Prospective home buyers find a finished basement attractive since they will not incur extra costs for renovations. A basement remodel has a high return on investment when considering home resale. The comfort is proportionate to the value of the home. A remodeled basement helps combat excess moisture, molds, fungi, extreme temperatures, and high humidity. The livability of the basement gives your home more value.

Landscaping

Nature has a soothing way to relax our minds after long hours of work. It is for this reason that most people love well-maintained lawns with professional landscape designs.
A great layout of the landscape boosts the curb appeal of a home. Well-maintained greenery cannot go unnoticed by all who visit your home. It is the first thing we recognize when we visit homes. As a result, the home gains a higher perceived value than those with little or no landscaping.

Trees and shrubs provide a natural fence for your property. They help to keep off intruders and unwanted animals from accessing your home. Outdoor living becomes more bearable from the shade and fresh air emanating from the trees. When placed at strategic points, trees can help to reduce energy costs. A small fountain, pond, or waterfall brings a calming effect on your guests. They provide picturesque views for photography for your Instagram images. Birdbaths will attract all types of birds bringing a spectacular sight all day long. These features help to increase the value of your home. According to several associations of realtors, landscaping can increase the value of a home by 16500 to 38100 depending on the design, type, and size of landscaping.

The type of houses and the buyers of the houses determine their value. Renovations help you to improve the type of home and target the right market. However, it is important to understand that not all projects will increase their value quickly. The above projects will help to boost the resale value of your property with high returns on investment.

Boost Your Home’s Value with These 3 Projects by Sierra Powell