Everyone who owns a home understands that there is an endless struggle to make the space a little more luxurious than it was before. That the process of making an improvement here and an upgrade there is the ultimate best way to ensure that the value of the home keeps increasing as it ages. The only challenge that most people have is that they do not understand that not all upgrades are cost effective and with the potential to add actual value to the home. Here are a few upgrades that you should definitely think about investing in if you want to make your luxury home better than it was before.
Spruce up your patio
The patio has become an extension of the living room for many homeowners. If you want to create that continuity which makes the outside and inside look like one huge and comfortable living room, think about making some extra investment to the patio. A few ways in which you can make your patio a little more stylish include:
· Getting an outdoor kitchen: If you have the budget for it, think about getting an all-out outdoor kitchen. There is nothing which feels better than investing in cooking space that will be a definite talking point when you are entertaining guests.
· Get double French doors: If you are not in a position to go for an all-out redesign to your patio, you can do as little as changing your current backdoor and replacing it with double French doors. When these are open, the patio and the living room will look like one huge and continuous living space.
· Add a bathtub: There is nothing that will give character to your backyard more than investing in a bathtub. If you feel that this will cost too much, how about investing in a hammock surrounded by lush landscaping?
Invest in a home automation system
Did you know that you can automate your entire home and synch all the appliances and rooms for as little as $1200? Well, nowadays nothing speaks of luxury and sophistication better than intercom doorbells, biometric alarms, CCTV cameras, automated HVAC, smart and automated entertainment systems and every other smart gadget that can be controlled remotely. If you want your visitor to gasp at the sheer luxury of your home, think about investing in a home automation system which will feature all these benefits. There is also the added benefit that when you invest in an automated security system, you will feel more secure in your own home. Buyers will also be willing to pay more for a home where real investment has been made on security systems.
Adding an in-law Suite
Everyone who owns a home will admit to the fact that they wish there was an extra room for that visiting in-law who stays longer than their stated welcome, or that au pair helping with the kids. Well, the truth is that homes do get a bad deal in the buying market just because they do not have these thoughtful additions. To make your home a little more luxurious, think about adding an extra suite where a guest can live for a few weeks or months. If you do not have the external space needed to make this happen, you can even go for an option as simple as getting your basement remodeled. With as little as $200, you can actually create a few temporary walls that will create some privacy in the home and offer the needed accommodation for the extra guest or two.
Create a wine room
Everyone knows that nothing speaks of luxury and elegance better than having a fully fitted wine room. Most of the modern homeowners understand that a wine room is more than just the place where you keep the wine and allow it to age. They are investing money in making it a masterpiece that people can visit and benefit from financially. Realtors also agree with the fact that investing in luxury wine rooms adds to the value of the home. However, the investment should also be used as a treat for yourself because honestly, it is something that you deserve.
Those are a few of the upgrades that you should think about investing in if you want to see the value of your home grow. Take time and strategize on the improvements which will work best for your home and how much they are likely to cost you. When you have these calculations in mind, you will have an easier time investing and increasing your home appraisal value.