Home improvement, or home renovation, is a popular pastime for homeowners. It can also add value to your house, especially if you choose upgrades that are in demand by current and potential future homebuyers. But jumping into a home project without a budget or plan can end up costing you more than it’s worth. To help you avoid costly mistakes, we’ve gathered tips and advice from real estate agents and experts in the field about which home improvements are actually worth your money—and which to skip.
A quick way to give your home a fresh new look is with paint or wallpaper. Repainting a room in a neutral color will instantly make it look updated, and you can even switch out the hardware on cabinets or swap out your lighting fixtures to get a new, more contemporary style. Swapping out old windows with newer, more energy-efficient models is another upgrade that can save you money on heating and cooling bills in the long run.
If you’re ready for a more major change, consider remodeling a kitchen or bathroom. This type of work can add a huge amount to your home’s overall value, and it can significantly increase the ease with which you can sell it in the future. But it’s important to do your research and get an estimate from more than one contractor to make sure you’re getting the best price. It’s also a good idea to ask for references and verify licenses, insurance, and business accreditation before hiring anyone for home improvement projects.