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5 Upgrades Every Homeowner Should Do This Year

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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If your home begins to feel a little outdated and boring, one of the best upgrades you can invest in is fresh paint.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 A few things are more frustrating than a faulty heating and air system, and it’s important that you upgrade outdated systems sooner rather than later.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 November 22, 2021

Thanksgiving: It’s About The Simple Things

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Thanksgiving: It’s About The Simple Things

Thanksgiving, a day of pure gluttony, football, and possible uncomfortable situations with family members that you may or may not like. Oh, yeah, and the whole “know and reflect on what it is to be thankful and grateful.”

During the holiday season many people forget what this time of year is bout and are too worried about getting the “early-bird” deals on Black Friday and making sure that they have the perfect gifts for their loved ones. I am sort of a “Grinch” when it comes to the holiday season, mostly because of that mentality by many of the poeple around me.

But instead of being grinch-like this holiday season, I decided to simplify things and get back to what this time of year is actually is about; being thankful for what I have and what I can give.

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Simplify

I’m not a “minimalist” in any real sense, but in the last few months the talks of Patrick Rhone and others have got me to rethink my stance. Can you really have too much stuff?

Absolutely.

And with all that stuff comes the burden and the weight of it on your back.

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If you feel that the things around you are out of control, maybe it’s time to simplify and be thankful and grateful for what you have and use. Here are a few things that you can do to simplify:

  • You know those gadgets in the drawer that you said you were going to sell? Well, time to get the listing on eBay and sell them. Or, send them to a place like Gazelle. Even if they are old and won’t get money, you can at least recycle them.
  • Get rid of things you don’t need. Like old books, clothes, tools, etc. Have something that’s been laying around forever with no use? Donate it to a charity or church. If you aren’t using it, someone else could be.
  • Find your productivity tools and stick with them. Use tools and gadgets that serve multiple purposes so you can simplify your tool set.

Be Mindful

You don’t have to be a master Buddhist or meditator to be mindful (although, it can definitely help). Being mindful comes down to being cognizant of the present and not keeping yourself in the past or future. It’s about living in the moment and being aware of yourself and everything around you. It’s just being.

Without getting too “California” on you, it is super important to be mindful during the holiday rush. Rather than worrying about the things that you forgot at your house on the way to relatives or thinking about the next stop in your endless holiday travels, just breath and think about what you are currently doing.

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Spend the time with your family and friends and don’t crush the moment. Try not to concentrate so hard on getting the perfect photo of the “awesome moment” of the day and actually miss the awesome moment.

Being mindful over the holidays will help you be with your families, friends, and yourself allowing you to enjoy your time.

Reflect

As the year is coming to a close (yes, it really is that close!) it’s a great time to start reflecting on what you have accomplished and what you haven’t. Within the next few weeks we will have a more throrough reflection article here at Lifehack.org, but reflecting every now and then over your holiday break is a great way to see where you have been doing well in your life and where you need to improve.

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Reflection shouldn’t be used to “get down” on yourself. Reflection should be used to take an honset inventory of what you have accomplished, how you handeled situations, and what you can do better. If you journal everyday (a daily form of reflection) it may be a good time to start going over some of the things that you have written and start to put together a year’s end journal entry. I mean, how else will you write your autobiography?

But, seriously, reflecting on yourself makes you aware of your successes and faults and helps you plan and make goals for the coming year. It makes you a better person.

So, while you are stuffing your face with bird, stuffing, and mashed taters’, remember that the holidays are much more than the superficial things. Use this holiday to become a better person.

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Featured photo credit: Libby Penner via unsplash.com

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