Learn The Home Improvement Projects That Add Value

by Hank Coleman

Brashenomics on 1150 AMFind out about the home improvement projects that add value to your home’s value when I was interviewed by Ben Brashen on the Brashenomics Radio Show last week.

Hear how you can get the best return on your investments that you make in home improvement projects and which projects are the best to tackle from a return on investment perspective that will increase your home value.

Check out the radio interview below…

The Top 3 Home Improvement Projects That Add Value

1. Upgrading your kitchen = 70% to 80% return
2. Upgrading an existing or adding a bathroom = 70% to 80% return
3. Adding energy efficient windows = about a 50% return

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The Top 3 Home Improvement Projects That Don’t Add Much Value

1. Adding a swimming pool
2. Building a deck in your backyard
3. Adding landscaping and/or water features to your yard

There are many other great home improvement projects that add value. Be sure to check out the full interview on YouTube to find more home improvement projects that add value.

Be sure to also check out my first interview on Brashenomics, the Seattle based talk radio show, where Ben and I discussed article that I wrote detailing how to save money on my moving expenses.

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About Hank Coleman

Hank Coleman is the founder of Money Q&A, an Iraq combat veteran, a Dr. Pepper addict, and a self-proclaimed investing junkie. He has written extensively for many nationally known financial websites and publications. Hank holds a Master’s Degree in Finance and a graduate certificate in personal financial planning. Email him directly at Hank[at]MoneyQandA.com.


Hank Coleman has written 591 articles on Money Q&A. Learn more about Money Q&A on Twitter @MoneyQandA and @HankColeman.


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{ 51 comments… read them below or add one }

Nurse Frugal

I would love to remodel our kitchen ourselves! This is excellent information, especially for those who want to flip a house. Love the website Hank! I will definitely be returning.

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Carl Watson

Awesome post Hank, I was planning to remodel my bathroom and really you have given an awesome suggestion regarding the home improvement project. Thanks a lot.

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Sean @ One Smart Dollar

Completely agree that the kitchen and bathrooms are the best room in your house to add value.

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Clean your house and therefore can improve the appearance of your home. Aside from that, it keeps your home looking in fine style, providing a contemporary look.

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I found a great site that helps with home improvement over at http://www.letsfixit.co.uk

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If you can reorganize and equip your kitchen for maximum utility, you may not need to blow out the walls to gain square footage. Start by replacing space–hogging shelves with cabinet–height pullout drawers 8 inches wide, containing racks for canned goods and other items.

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you have to be extra careful, so ensure that you have hired the best contractor that can meet your expectations for your chosen renovation projects.

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A swimming pool is the ultimate backyard amenity. It’s the center of family life with children spending much of their summers in the water. Other homeowners see a pool as a strong aesthetic element, the focus of the entire landscape.

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Like everything in life, prevention is better than cure. So if you want to be sure you do have a healthy swimming pool, you need to maintain the water and keep it healthy. It has been said that only fools have dirty pools! It is as simple as using a good test kit to test your water regularly, and then spending a little bit of time as little as ten minutes a week making sure that you add the right elements to rectify anything that might have gone wrong.

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This is a good tip…it doesn’t take long for all the half-used buckets to get stored and then it becomes a guessing game as to which one was used where.

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I’ve been busy improving the curb appeal of my home exterior and I think I gotta go inside right now and see what needs to be fixed, repaired and replaced. Excellent information indeed!

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Adding a swimming pool will cost you a lot but indeed it does not add much value to your home which can be done by upgrading your bathroom. Those tips by Ben Brashen are priceless. 🙂

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There is a lot of debate on this topic and I think every situation is unique. The housing market plays a role, along with the area and the current condition of the kitchen, bath or windows. But as a whole I would agree with the statistics. In some cases a Realtor can help the homeowner figure out the value of an upgrade. At the end of the day living in a home you can be proud of is the biggest value of all.

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Great Information.

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Nice article. Swimming pool can be damaged from time to time and may need professionals to do the repairs. Visit our website to know more on how to contact these repair guys. Thanks.

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Renovating or remodeling your home is a sure way to increase the value of your home and property.

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Adding swimming pool landscapes really enhances the house’s beauty.

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An excellent landscape designer will listen to your desires and do his or her best to work with your site to make that happen. A knowledgeable landscape designer can guide the homeowner toward plant material that is suitable for the region and the specific site conditions.

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Brandon Roberts

This was actually really interesting for me to read about. I had no idea that adding a pool to someone’s backyard would add so much value to their home. But, that makes a ton of sense on why it would. My wife and I were actually thinking about putting in a pool of our own. The only problem is, is that we can not find a good contractor to help us out. Do you have any suggestions as to who would be a good contractor to hire?

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Landscaping increases your homes value that might benefit you when you decide to sell it.

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My swimming pool needs to be repaired. It has a huge crack through the wall of the pool. This isn’t the kind of thing I can spackle closed, is it? It sure would be the most convenient way to fix the crack though.

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A good design must always not just on the outside but also on how it works and blends.

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Consider the function of your renovated basement when choosing flooring for the space: a playroom will benefit from a soft floor made from play mats or carpet while laminate or hardwood flooring will add warmth to a guest bedroom.

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Jenn

I think whether features like a deck and a pool add value to the home, really depends on how much your home is selling for and what area it’s in. I mean, if I’m buying a house in Alaska, I’m probably not going to spend a lot of time grilling and swimming. But there are some neighborhoods in my city where your house won’t sell if it doesn’t have those things.

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Drew

A swimming pool adds a lot of value to the person who installs the pool, but that’s about it. You really won’t ever get your money back from it so installing a pool is only a good idea if you really want one for yourself. Thanks for the tips.

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Rob Benton

I agree that adding a swimming pool could be considered home improvement. Growing up, I never did have a pool. My grandma did, however, and as a result her house was the popular place to be. A house may not be perfect in its construction, but if it has a swimming pool there is something to be said.

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Landscaping can increase a property’s value by making it more attractive. A well-manicured property with appealing landscaping is often a selling point for a home. The landscaping can also improve your home’s appearance to match similar homes in the neighborhood.
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jamesrod214

That’s interesting that you say that adding a swimming pool doesn’t add much value to your house. The things that you list that add value to a house are all indoor rooms. That makes sense, though, most people care about the interior of their homes, more than their yard.

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Phillius Thomas

Those three things are definitely really good ways to improve the quality and price of your home. A good way to improve the kitchen and bathroom is to add a lot of lighting. People really like those rooms to be bright, so whether you are adding lights or getting brighter bulbs, you are improving it nicely. If you add any lights though, have a professional check all the electrical lines to make sure it was done right and won’t cause a problem.

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