The Top 5 Most Important Upgrades You Will Make In Your Home

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These days, flipping houses is no longer a lucrative
investment. Instead, it seems the new trend is to live in your home for a while
and make upgrades to your existing floor plan gradually. This is a much more
wallet-friendly approach to renovation and one that allows the home owner to
enjoy upgrades before the house hits the market again.

The biggest question for existing homeowners regarding
renovation, is which ones yield a higher return? While it all depends on what
your home needs, its location, and what down-the-line potential buyers may be
looking for- there are some choices that will always generate interest.

  1. Make Minor Changes for Major Impact

In your bathroom and kitchen, do minor upgrades to really
bring the space into the modern age. If you have geese on your kitchen
wallpaper or a Pepto-Bismol pink throughout the bathroom the first step should
be aesthetic changes. A simple neutral paint or updated tile can easily transform
the space into an asset.

  1. Replace Old Siding

Glamorous it may not be, but when it comes to important
upgrades replacing old siding is one of the smartest changes you can make.
Weathered wood slabs or mildew-laden vinyl can make any home seem unloved and
uninviting.

  1. Build Up or Out

Depending on why you bought the home you did, adding an
addition may have always been in your long term plans, or it may be something
you’ve discovered was a necessity. With growing families or cramped rooms,
building a second story or an addition can make your home the place you choose
to stay during the lean years of the housing market.

  1. Address the Attic

If your home has underutilized attic space, finishing it to
make it usable square footage is a great idea. Not only does it add unique
square footage for a movie room or a master suite, but it also can make your
home more of a complete floor plan. Missing a playroom or need a guest room?
This is the perfect place to make it happen.

  1. Decks Ahoy

Today’s buyers are looking at run-down, abandoned short
sales and bank owned properties to snatch up a good deal, however in just a few
years, the next round of buyers will hopefully be looking for homes that have
been well loved and well maintained. In an economy where most homeowners will
have become “home-locked” waiting for the market to recover.  Future buyers will count on finding a place
that has all the amenities, so installing a deck in your back yard could be one
of those deal makers, setting you apart from other homes in your neighborhood.

Keep in mind, if you don’t have the budget for the major
renovations now, simply buy a couple cans of new paint or a few accessories to
liven up your space. You should be enjoying your home through the lengthy
process of steady upgrades.