Home values have been reduced by almost 50% in the past few years due to unemployment, foreclosures, and short sales in the Southwest Florida area. With this reduction in property values, many homeowners are deciding to remodel rather than move.
Whether you are planning to stay in that home or move, the 20 best ways to add value to your home according to HGTV are:
- Update or add a home office with an inviting workspace and built-ins
- Add square footage such as a lanai or sunroom
- Update a master suite with cozy open space with a really nice closet
- Add a new family room with an open floor plan for the entire family to gather
- Keep the roof in good working condition or replace it
- Update your landscaping
- Remodel the kitchen
- Add or remodel a bathroom
- When putting on an addition, make sure it blends with the rest of the house
- Install new windows and/or doors
- Remodel a basement
- Add a deck, patio or other outdoor living space
- Paint the interior in classic and neutral colors
- Remodel your attic or above the garage space
- Add a second story to your home
- Include a specialty room
- Replace the siding or repaint the exterior
According to Dave Beck The Handyman, a local residential contractor in Charlotte County, Florida, kitchens and baths are what most people are choosing to remodel in this area.
A kitchen remodel can be anything from new cabinets or cabinet fronts, to changing faucets and fixtures, replacing countertops and opting for energy efficient appliances.
Bath remodels include complete tear downs to replacing cabinets, toilets, countertops, light fixtures, and tiled baths and showers. Many retirees are opting for walk-in showers rather than bath tubs.
Just be sure to hire a licensed residential contractor for any major projects you choose to encounter, unless you are handy enough yourself. To search for a licensed contractor go to http://www.myfloridalicense.com.