According to most real estate experts and economic analysts, the housing market in the United States is falling flat on its face. What can a homeowner or investor do with their properties to maximize their current investments? Even if the economy continues to falter, you can still make recession proof home improvements to boost the value of your home.
The secret to choosing the home improvements you want to perform is as simple as your bottom line. Seek out the maximum return from a minimal investment. Make your property investments work for you. Recession or not, a home with a nice kitchen or new siding is going to be worth more. In an uncertain economy, lavish remodels aren't your best bet. Aim to get the biggest bang for your renovation buck.
Get your home improvements cooking by renovating your kitchen. Instead of ripping out every cabinet in sight, try replacing the faces and hardware. Transform your 1980's era country look into something more modern and elegant with clean lines and a timeless appeal. You'll save loads of money by not replacing every bit of woodwork, yet you'll transform the whole appearance of the room from grandmotherly to grandiose. Granite countertops are very luxurious, but so is their price tag. Instead, look into quartz composite surfaces and you'll save anywhere from ten to twenty percent on your investment while still getting the same gorgeous effect. Another simple but elegant touch is a tile backsplash. For the cost of a few tiles and a little time, you can jump from white walls to wow.
Bathrooms are an easy spot to literally flush renovation money down the drain. Instead of springing for a steam bath and Italian fixtures, try a more sensible approach. Stone countertops, new hardware and a bit of tile around the tub breathe new life into your old powder room. A fresh coat of paint is always a wise investment. Paint brings old cabinets back into modern standards. The key is longevity. Make choices that endure the changing style standards of time. Whether you choose to sell or stay, bathroom renovations pay off handsomely.
A new set of windows transforms your home. New windows make for great savings on utility bills. The elegance they add to the appearance of your home is another added bonus. Keep an eye out for windows with the Energy Star seal to get the best savings on your heating and cooling bills. Energy efficient windows are a feature that you'll tout to potential home buyers and they will never go out of style.
There is no better way to build curb appeal than by transforming your home with some new exterior siding. The house will go from shabby to chic in a matter of days, and heating and air conditioning bills will drop drastically. Acrylic siding is the best recession proof home improvement you can make. Old siding will not need to be removed unless it's rotten. Acrylic also looks amazing and makes for great insulation. Choose an elegant color that will endure changing trends and you'll never need to paint your home again.
With a few simple recession proof home improvements your current home will be sitting pretty when it comes time to put it on the market. Choose your renovation plans wisely and your home will pay off regardless of economic circumstances.
Author Resource:-
Kari Shea, of Shea Real Estate & Investment Group, is an accomplished business professional and community leader in the San Diego, California area. With more than 45 years of collective sales, marketing and consulting experience; the Group are master negotiators in the marketing and selling of real properties. Learn more about their services at: www.shea-realestate.com.
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