5 Home Improvement Projects That Build Equity

How do you build equity in a home while simultaneously enhancing your everyday life? By making home improvements that add value to your property. Not only will improving a home allow you to build equity quickly and efficiently, but it will also make your life more comfortable on a daily basis. Of course, you don’t want to improve or add just anything to your house. Instead, be strategic about the specific improvements you decide to make to your home. In other words: choose improvement projects that will give you the most bang for your buck when it comes to adding value to your property.

Fortunately, we’ve done the research for you. If you’re looking to build equity in your home, and the property is lacking in these areas (think: a dated kitchen or lack of curb appeal), then these projects are an excellent way to add thousands upon thousands of dollars of value to your home. Here are 5 home improvement projects that will likely add value to your home.

5 home improvements that add value to a home

Landscaping

Energy efficient windows

Outdoor deck addition

Bathroom remodel

Kitchen remodel

Other ways to build equity in your home

In addition to adding value through home improvements, you can build equity in your home through other means including:

• Putting extra money towards paying off home loans – The more money you put towards paying those monthly mortgage bills, the closer you’ll be to owning your home. Whether it’s an end-of-year bonus or money from a side hustle, every little bit counts when it comes to paying off the principle and interest on your home loans.
• Putting more money down at the beginning –If you have the resources to do so, making a larger down payment will lower your monthly mortgage payments and interest on a home. It’s also a great way to build equity in a home almost immediately.
• Giving it time –In general, the longer you live in a home, the more equity you’ll have in that home. So don’t sell a home right away. Give it time, work to pay off your debt and add value to the home. Before you know it (in five plus years), you’ll have built up a good amount of equity in the home.

For more advice on how to build equity faster, check here.

Planning to sell your home and move soon?

So you’ve made the necessary upgrades, waited for the right time to sell and have officially sold your home. Congrats! If you’re ready to say goodbye to your old home and hello to another, you’ll need the right moving company to handle the transition. Fortunately, Moving.com’s extensive network of reputable and reliable movers makes it easy to book the best moving company for the job. All relocation companies in our network are licensed and insured, so you can rest assured that your move will be in good hands. To get organized for your move, use our comprehensive Move Planner. Our tool provides customizable moving checklists, personal tasks list, helpful recommendations, email reminders and plenty of coupons to get you organized. Best of luck and happy moving!