Big and Small Home Updates to Consider Investing In
Regardless of the amount of time, budget, and energy you have, there are home upgrades that everyone can make. Both small and big updates can add value to your property and enhance your living experience. There is a range of DIY budget-friendly updates you can make, all the way to major renovations.
When deciding what to invest in, it is important to consider your:
- Budget
- Time
- Effort
- Short-term goals
- Long-term goals
This can significantly impact where you allocate your money. For example, your goals and investments are likely to be different if you are looking to increase the value of your home to sell it, than if you are investing in increasing comfort and functionality for you and your family.
Other things to consider are: functionality, energy-efficiency, and modernization.
To help you on your journey, here is some information about small and big investments that you may consider when updating your home to help you meet your needs and goals.
Small investments
Small investments are often neglected due to the misconception that they are a waste of time. However, there are many small updates that you can carry out that will make a huge difference. These can be low cost, low effort, and/or DIY-friendly. Here are some examples.
- Paint: A fresh coat of paint using neutral colors can help make a home feel clean, spacious, and appealing.
- Fixtures and fittings: Old handles, light fixtures, taps, shower heads, and other small details around your home can instantly update the room.
- Energy and efficiency: Money can be saved by adding insulation around your home, sealing windows and doors, and upgrading to LED light bulbs.
- Lighting: Layer in ambient and accent lights, hang large mirrors, or add new fixtures to make your home feel more spacious and brighter.
- Curb appeal: Spend some time trimming bushes, cutting the grass, clearing up debris, planting flowers, cleaning the walkway, doors, and windows to create a strong first impression.
Big investments
Bigger investments cost more time and money, but can benefit you in the long-term and increase your property’s market value.
- Basement or loft conversion: Using dead space and turning it into functional space is a cost-effective way to add more square footage to your property.
- Remodel your bathroom or kitchen: Minor updates are great, but a major selling point of a property is a new and modern bathroom or kitchen. Or, upgrading it so you can use your home in a way that suits your needs.
- Installing or updating a swimming pool: Installing a swimming pool is an excellent investment, either for your family to enjoy or to upsell your home. If you already have a pool, search for swimming pool remodeling in my area to find a professional who can update your old or dirty pool into something new.
Updating your home is an excellent way to invest your money. Depending on your time and budget, consider what big or small upgrades are best for you.
