Siding
Without a sturdy exterior, there isn’t an interior to remodel. So if your siding has seen better days, getting a new look on the exterior can help keep your home in good condition, and boost value to boot. You might even be able to upgrade your look at the same time. Those curb appeal updates can be a big plus for buyers.
Roof
It does no good having brand new appliances and granite countertops if your roof has holes in it. Getting your roof redone—if the time has come or is drawing near—can boost your home’s value or save you the cost of bigger repairs down the road. When summer weather gives a good roofing work window, you can make those upgrades that will stick with you through the seasons.
Heating and Air
Is your heating system up-to-date and energy efficient? Making the update to one that works better when yours is showing its years can save you big in bills each month. And it can entice buyers too, since they know they won’t have to worry about that major maintenance cost for a while. And when summer highs roll around, you’ll be glad you added air conditioning.
Kitchen
In a hot real estate market like the one we’re in now, kitchen remodels can make a big impact on your home’s value. From countertop upgrades to new appliances, it comes down to both aesthetics and function in this space. Since it’s the place where families and parties tend to congregate, it’s worth the extra dollars to make a space you’ll love.
Bathroom
The same goes for bathrooms. And it’s not just what fixtures you have and the paint color you choose. In some cases, you might be better off adding a bathroom, especially in some of those older homes that might have only one. People like a comfortable ratio of bathrooms to bedrooms, sometimes even more than they like granite countertops and steam showers.
More space
You might find that your home has become too cramped for a growing family. Or you could want to add on an income-earning rental in the form of an auxiliary dwelling unit. Increasing your home’s square footage can increase its value and give you more living space to spread out in. And even if you don’t want to make an addition inside, summer is the ideal time to add on an outdoor living space. Opt for a new deck for summer barbecues and relaxing with a glass of lemonade.
When the time comes to give your home some updates, a Home Equity Line of Credit (HELOC) can help you use your home’s value to build more. Get in touch with a lending specialist at RMCU to see how you can grow and improve your home.
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