June 23, 2024

How To Add Value To Your Home In the Most Efficient Way

In a housing market that is unreliable at best, adding value to your home is a surefire way to make it appealing when the time finally comes to sell your home and find a new one. With these few tips, and some help from the professionals at Canga Restoration in Schaumburg, IL, your home will be looking better than ever, and ready to make its debut on the housing market.

Think About Energy Efficiency

In response to increased energy costs, sellers are emphasizing the advantages of energy-efficient improvements, which is a developing trend in the real estate industry. When it comes time to sell your home, you should let your real estate agent or broker know about the energy-saving improvements that have been made to the construction of your property. Future owners will also benefit from energy savings from upgrades like new insulation and HVAC system overhauls. These improvements also significantly raise the home’s habitation comfort, which may increase its value.

Provide pertinent evidence that demonstrates the energy efficiency of your house to ensure that the advantages of its energy efficiency are made evident. The simplest method to accomplish this is to include a sample of your monthly utility bill as well as an energy rating from a home energy audit in the listing information for your home on a multiple listing service.

A Fresh Coat of Paint

According to Angi, one of the most common and well-liked projects for residential renovation in 2022 will be painting or wallpapering. Even old-fashioned exteriors and interiors may be made to seem modern and updated simply by applying a new coat of paint, which is also not very costly.

To get started, you should repaint any rooms that have an “odd” color scheme. For instance, when your daughter was a teen, did you give her permission to paint the room she slept in brilliant green? If that’s the case, then that’s an excellent place to start looking.

Give Your Roof an Update

A roof that is getting close to the end of its useful life or is leaking will reduce the value of your house and should be replaced. However, the increase in property value you anticipate may not always result from purchasing quality shingles. It’s difficult to estimate just how much a new roof will raise the value of your house. You must consider many aspects, including buyer preferences, market circumstances, and roof conditions.

Although installing a new roof is unquestionably a wise investment, how can you know whether your roof will provide a 60% return or if it will increase the value of your property beyond its cost? You should take into account at least three things: the state of your roof, the local property market, and the kind of replacement roof you choose.

What about roofs without shingles? Although laminate shingles are more cost-effective, metal roofs are often promoted as an excellent method to increase property value.

In addition to costing, on average more than asphalt shingles, metal roofs also contribute less of their worth to appraisals. In the end, a metal roof costs more, but you receive less money back on your investment. Installing a metal roof might cost $38,600, but it could increase the value of your property by $23,507 as well. As a result, you will have spent $15,093 that you may not receive back from the sale of your house. A $22,603 asphalt shingle roof might increase the value of your property by $15,392. As a result, you will only have spent $7,244, which you may not receive back in increased house value. All these figures are averages. Your investment could provide a complete return. Even if you don’t, investing in laminate shingles rather than a metal roof is less dangerous.

Who Do You Turn To?

There are so many different ways to update your house, and when it comes to residential roofing services in Schaumburg, IL, the go to professionals are, without a doubt, Canga Restoration. As a family owned company, Canga Restoration has been working since 2010 to make sure any client they serve is 100% satisfied with the work they receive.