The Best Upgrades To Add Value to Your Home | Billy.com

Before you start working on a home improvement project, think about what you can do to add value to your home. Whether you just want to improve your home or sell it in the future for a greater return on investment (ROI), these upgrades will add value to your home. You always want to look for ways to add value to your home to earn more money for it if you sell.

Update the Kitchen

One of the most valuable renovations you can make is upgrading your kitchen. Whether you do a minor upgrade or a more significant one, your return on investment could land anywhere between 50% and 60%. Some minor renovations can give you greater ROI than larger ones, so focus on upgrading the sink, floors, appliances, and cabinets.

Add Natural Hardwood Floors

If you have yet to add hardwood floors to your home, you will want to after finding out the ROI for this upgrade. Installing hardwood floors in your home adds anywhere between 70% and 80% ROI. They are the most desirable floors in the market today, and the trend doesn’t seem to be leaving the housing market anytime soon.

Add a Metal Roof

You might be imagining a tin roof for this one, but that is nowhere near what we are talking about. There are tons of reasons for adding a metal roof to your home, and they look just as aesthetically pleasing as regular roofs. These roofs won’t fade, crack, or rot and can give you a possible ROI of 60%.

Finish the Basement

If you’re living in a home with an unfinished basement, stop waiting and start renovating! Simply adding an entertainment area in your basement adds a ton of square footage to your home. The unused space could be going to waste anyway, and you’ll receive between 70% and 75% ROI.

Create an Open Floor Plan

Along with hardwood floors, many people buying homes today prefer a home with an open floor plan. Knocking down a wall or two can open up the space and add square footage. Opening your space allows you to get in touch with your more creative side, but keep in mind the structural support your home needs, and never knock down a load-bearing wall.

Any one of these upgrades will add value to your home, and after the project is finished, you’ll be glad you did it. You might not be thinking of moving, but small changes to your living space can bring in a whole new aesthetic you didn’t know you needed. What kind of upgrades will you give your home?