Increase the Value of Your Home with These Five 2023 Projects

February 21, 2023

Owning a home gives you the freedom and liberty to model it to your heart’s desires. This also allows you to make the appropriate upgrades that will boost the property’s value and allow you to resell it for a profit in the future.

Renovating smart means investing in projects that you know will yield a great return in one way or another. If you’re looking into some home projects for 2023, here are five that could boost your home's value, both financially and for the value it will add to your life!

Upgrade Your Garage

Most people neglect their garages, abandoning them as dusty storage units or the dingy place where their car stays overnight.

However, garages hold a lot of potential if they’re given a little love and attention! Cleaning out and remodelling your garage could turn it from dusty and dilapidated to a clean, clear storage space in your home.

Increasing the natural light by adding windows, installing useful shelving and cupboards, and even investing in high-quality, motorized Canadoor garage doors will add immense value to your garage and home overall.

Invest in Solar

We all know that solar panels are a huge investment, but in 2023, more people are realizing that they’re incredibly worth it. While you’ll be paying the big bucks up front, the investment will eventually pay itself off through all the money you’ll save on electric bills.

Plus, this project will boost the value of your home significantly. The addition of solar panels will make your home more appealing to those actively seeking a more eco-friendly home, or anybody who is keen to get off the grid and avoid spending money on electricity. It’ll make your home easy to live in and easy to sell too, mentioned by Ben Wagner, CEO of Leave The Key Homebuyers.

Add Space

We all want a little more space these days. Especially since the pandemic, more and more people have switched over to a remote working model and require a little extra space in their homes to accommodate this.

Adding in designated office space or even simply breaking out the walls to create a more open-plan style can do wonders for the feeling in your home, generating spaciousness that will benefit everyone, says Kurt Walker, founder of Cream City Home Buyers

Increase the Curb Appeal

If you’re looking to sell your place now or in the future, then keep in mind what a buyer’s very first impression of your home will be.

Renovation projects that boost your curb appeal could seriously increase your chances of making a sale, and at a good price too. This is even a project that you could tackle on a tight budget, so make sure to prioritize it.

Level Up Your Outdoor Living

Finally, consider the outdoor space you have. Patios often get the same treatment as the garage – neglect – especially if you don’t spend a lot of time out there.

There are plenty of outdoor renovation and reconstruction projects to give your outdoor space the boost it needs, which will not only make it look and function a whole lot better but perhaps encourage you to get some vitamin D too.

 

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Carlos Diaz
I believe in making the impossible possible because there’s no fun in giving up. Travel, design, fashion and current trends in the field of industrial construction are topics that I enjoy writing about.

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