Home Improvement Ideas For the Next Two Years
Home improvement is a popular pastime and a great way to increase the value of your home. It can also be a fun and rewarding experience. However, there are a few things to keep in mind when considering what improvements to make on your home. Most importantly, it’s important to consider what upgrades will appeal to the broadest number of potential buyers. For example, a luxury bathroom remodel may not have the same return on investment as a quality midrange renovation. And don’t forget to consider your neighborhood. If your house is improved above the average for the area, it could deter buyers rather than attract them.
The most common reasons homeowners are planning home improvement projects over the next two years include making their homes more comfortable and improving livability, according to NerdWallet. Other motivations included replacing worn or outdated surfaces and materials (30%) and addressing safety issues (16%).
Spending on home improvements has surged since 2010, when it hit a low during the recession, and homeowners 55 and older are driving much of that spending. However, many homeowners don’t realize that not all home improvement projects offer the same return on investment. In fact, the majority of renovations and remodels do not fully recoup their costs.
Adding an extra bedroom is one of the most popular home improvement projects and it can add both living space and value to your home. However, it is important to choose the right location for an additional bedroom. If you are considering converting your garage into an extra bedroom, be sure to consult a professional to ensure that the addition will comply with local building codes.
A smart thermostat is a convenient and energy-efficient upgrade to your home. These devices allow you to control the temperature of your home remotely via a smartphone app, monitor energy consumption and adjust it accordingly. Some models even notify you of potential maintenance needs. The cost of a smart thermostat can range from $150 to $400 or more, plus installation.
When choosing a paint color, it is important to keep in mind that the type of paint you choose can affect how much light your room receives. For example, bright white paint tends to reflect more light than dark gray or green.
It’s important to maintain your gutters and downspouts on a regular basis so that they don’t become damaged or blocked. Leaving them in disrepair can result in costly repairs.
Despite the stereotypes that depict them as masculine activities, women are increasingly participating in DIY home improvement projects. This is largely due to the popularity of shows like Home Improvement and Trading Spaces, as well as an increase in the availability of power tools that are easy to use for non-technical people. As the trend continues to grow, it is likely that more and more families will participate in home improvement projects together.