5 Investments in Your Home That Pay Off | Billy.com

When it comes to our homes, we all want to make the best decisions possible for their future. Investing in our homes can take a lot of hard-earned cash, so knowing ahead of time if it will pay off can relieve much of that stress. Some projects aren’t worth the money, but some can pay you back many times over if you know what to focus on. Consider a few of these investments in your home that pay off.

Landscaping

If you plan to sell your house in the future, consider how it looks from the outside. Buyers will see the outside long before they consider what’s on the inside. Proper landscaping that’s easy to maintain creates curb appeal to potential buyers. It also makes the entire home feel more cohesive if the outside is just as attractive as the inside is.

Solar Panels

The decision to be sustainable with your power consumption can pay off big, provided you give it enough time. It may take a little shopping around to find the best solar power contractor for the job, but once they’ve installed solar panels on your home, you’ll start to see an immediate return. If you plan to stay in your home for a while, solar panels pay themselves off in just a few years, and they continue to pay off by reducing your overall energy consumption.

Deck and Porch Additions

More usable space outdoors is always a good thing. If you consider yourself a DIYer and decide to complete this project yourself, it can see serious returns. However, even if you hire a contractor, decks, patios, and porches all show great returns when it comes time to sell the place. It’s a win-win situation—you’ll get to enjoy it while you live there, and so will the person who buys your house from you in the future.

Basement Remodeling

Basements may go unfinished for many different reasons, but you’re wasting valuable space by not completing yours. The basement adds a ton of square footage to your home, but not if the next owner can’t use it without remodeling themselves. Remodeling and finishing your basement are some of the more expensive projects on this list, but the returns speak for themselves when you can tell a potential buyer that the basement is ready to go right away.

Kitchen Renovations

If you have a little less money and can only remodel one room in your home, make it the kitchen. The kitchen is one of the most frequented areas of the house, and improving it is almost always an investment in your home that pays off. Buyers put a lot of weight on how appealing and functional a home’s kitchen is, so you can’t afford to lack something in this crucial room.