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5 Upgrades Every Homeowner Should Do This Year

5 Upgrades Every Homeowner Should Do This Year

As a homeowner, it’s easy to feel overwhelmed by all of the many renovations and upgrades you think you should be doing. However, the truth is that some projects are more important than others. Specifically, you should be thinking about the return on investment (ROI) and immediate impact. With that being said, let’s check out a few upgrades every homeowner should consider in 2016.

 1. Freshen Up With New Paint

If your home begins to feel a little outdated and boring, one of the best upgrades you can invest in is fresh paint. A new coat of paint – whether simply refreshing the existing color or going with a new palette entirely – will immediately breathe life into your home.

If you want to repaint your entire home interior, the average cost to hire a professional is somewhere between $3,600 and $6,000. An exterior paint job could run $5,000-plus. The good news is, is that painting is something that you can do on your own – it just takes time. So consider taking a “one room at a time” approach, and slowly knock out a new room each week.

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2. Upgrade the HVAC System

If your HVAC system isn’t in tip-top shape, you’ve certainly noticed this summer. A few things are more frustrating than a faulty heating and air system, and it’s important that you upgrade outdated systems sooner rather than later.

The good news is that the U.S. Government has extended the 25C tax credit for high-efficiency heating and cooling equipment through the end of this year. According to Lennox, the tax credit covers up to 10 percent of the cost (up to $500), or a specific amount from $50 to $300. There are also some solar tax credits available if you’re interested in going that route.

3. Insulate the Attic

If you’re looking to get the most bang for your buck, there’s one project you absolutely must take on: fiberglass attic insulation. According to the 2016 Cost vs. Value Report, the average attic insulation job costs $1,268 and increases a home’s resale value by $1,482. That means you’re actually recouping 116.9 percent of the initial investment on the backend. In fact, attic insulation is ranked as the single best project in this year’s report.

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4. Remodel the Basement

Basements – they can be a home’s greatest asset or biggest detractor. If you have a musty, damp basement – or one that’s totally outdated and underutilized – it may finally be time to invest in the remodel you’ve always wanted.

The Cost vs. Value Report says a total basement remodel costs an average of $68,490 and adds right around $48,194 in value. That’s a healthy 70.4 percent ROI – not to mention the extra enjoyment you get out of having a useable basement.

 5. Add an Outdoor Living Space

With the cooler temperatures of fall right around the corner, it’s a good time to start thinking about outdoor living. Adding a deck, screened porch, patio, or other outdoor living features can be a great way to increase the useable area of your property. A wood deck addition brings a 75 percent ROI, while a composite deck addition has a 64.4 percent ROI.

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When considering an outdoor living space, think about seasonal weather patterns and how many months of the year you’ll be able to use it. For cold regions, a built-in fireplace is a nice feature that makes a patio useable well into the winter.

Get to Work!

There’s no need to feel overwhelmed. Tackle your projects one at a time and seek out help from the appropriate professionals when you need it. Not only will these upgrades make your home look great, but they will also allow you to increase the value of your property.

It’s time to get started!

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Featured photo credit: Kaboom Pics via kaboompics.com

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Anna Johansson

Anna specializes in entrepreneurship, technology, and social media trends.

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Last Updated on March 24, 2021

8 Smart Home Gadgets You Need in Your House

8 Smart Home Gadgets You Need in Your House

We’ve all done it. We’ve gone out and bought useless gadgets that we don’t really need, just because they seemed really cool at the time. Then, we are stuck with a bunch of junk, and end up tossing it or trying to sell it on Ebay.

On the other hand, there are some pretty awesome tech inventions that are actually useful. For instance, many of the latest home gadgets do some of your work for you, from adjusting the home thermostat to locking your front door. And, if used as designed, these tools should really help to make your life a lot easier—and that’s not just a claim from some infomercial trying to sell you yet another useless gadget.

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Take a look at some of the most popular “smart gadgets” on the market:

1. Smart Door Locks

A smart lock lets you lock and unlock your doors by using your smartphone, a special key fob, or biometrics. These locks are keyless, and much more difficult for intruders to break into, making your home a lot safer. You can even use a special app to let people into your home if you are not there to greet them.

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2. Smart Kitchen Tools

Wouldn’t you just love to have a pot of coffee waiting for you when you get home from work? What about a “smart pan” that tells you exactly when you need to flip that omelet? From meat thermometers to kitchen scales, you’ll find a variety of “smart” gadgets designed to make culinary geeks salivate.

3. Mini Home Speaker Play:1

If you love big sound, but hate how much space big speakers take up, and if you want a stereo system that is no bigger than your fist, check out the Play:1 mini speaker. All you have to do is plug it in, connect, and then you can stream without worrying about any interruptions or interface. You can even add onto it, and have different music playing in different rooms.

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4. Wi-Fi Security Cameras

These are the latest in home security, and they connect to the Wi-Fi in your home. You can use your mobile devices to monitor what is going on in your home at all times, no matter where you are. Options include motion sensors, two-way audio, and different recording options.

5. Nest Thermostat

This is a thermostat that lives with you. It can sense seasonal changes, temperature changes, etc., and it will adjust itself automatically. You will never have to fiddle with a thermostat dial or keypad again, because this one basically does all of the work for you. It can also help you to save as much as 12% on heating bills, and 15% on cooling bills.

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6. Smart Lighting

Control your home lighting from your remote device. This is great if you are out and want to make sure that there are some lights on. It is designed to be energy efficient, so it will pay for itself over time because you won’t have to spend so much on your monthly energy bills.

7. Google Chromecast Ultra

Whether you love movies, television shows, music, etc., you can stream it all using Google Chromecast Ultra. Stream all of the entertainment you love in up to 4K UHD and HDR, for just $69 monthly.

8. Canary

This home security system will automatically contact emergency services when they are needed. This system offers both video and audio surveillance, so there will be evidence if there are any break-ins on your property. You can also use it to check up on what’s happening at home when you are not there, including to make sure the kids are doing their homework.

Featured photo credit: Karolina via kaboompics.com

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