There are a number of home improvements that end up costing far more than they offer in return, which can be frustrating to homeowners. Even worse is when you have invested in home improvements that don’t even appeal to active homebuyers. Thousands of dollars are spent every year on home renovations in Roatan, but how many of those dollars are spent in a way that truly improves the value of your island home?
Sometimes, it is the little improvements that can add to the sales price of a home
Certain home improvements can boost your home’s resale value and the level of comfort you experience while you’re still living there. Here are some of the home improvements and renovations that are more likely to pay off than others:
New Front Door
Fiberglass doors are very expensive, but a mid-range steel door looks great and can easily be painted to match or contrast your home. The more simple the door, the lower the cost. But steel doors are so inexpensive that you can afford to pick up something nice.
Garage Door Replacement
While no one gets excited about replacing their garage door, some jobs just need to be done. A mid-quality garage door will add to your curb appeal and improve the functionality and sales price of your home. Garage doors are easily painted, too.
Deck or Patio
Nearly everyone loves to sit out on a deck when the weather permits – it is one of the highlights about year round tropical living. A deck or patio is perfect transition between indoors and the outside. It effectively adds living space, and the material costs are quite low.
New Windows
Newer windows eliminate drafts, help your home be energy efficient and reduce radiant heat. They look great, too! While windows can be expensive, the payback is quite good. Compare costs and the amount of insulation. The utility savings on your monthly RECO bill can be impressive!
Fresh Interior Paint
Although paint is relatively inexpensive, labor is very economical in Roatan. Nothing freshens up a home quicker than a new coat of paint. A tip to remember is to stick to neutral colors that everyone can accept. If you’ll be selling soon, now isn’t the time for unusual colors.
Final Tips..
Unless you’re planning on staying in your home for an extended period of time, it’s important to consider how your improvements will affect the sales price of your home. Many improvements do little to increase the value of your home. However, if you’ll be in your home for many years, it’s completely reasonable to place a priority on the enjoyment you’ll receive from the upgrade.
A little forethought will ensure that your home improvements make your home more attractive, livable, and valuable. Ask us for a quote for your project today!
