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Are Summer Home Improvements Worth It?

Posted By Miranda Marquit On 06/09/2011 @ 12:20 pm In The Home | 4 Comments

Summer can quite enjoyable at your own home if you have what you need to make it comfortable for outdoor (or indoor) living. However, not every improvement you make will add value to your home. In many cases, the added value to your home is unlikely to result in you recouping the total cost of your home improvements. As a result, it is important to carefully consider what you choose to do.

Before making any home improvement [3], you should consider the cost, and the potential reward. Some items, such as enhancing your home’s curb appeal with attractive plants and a maintained yard, can help you sell your home in the future, while providing you with a beautiful home. Other improvements, though, require a little more thought and planning. And you should be aware that you want to do them right — or you could end up with an unattractive feature that detracts from your home’s value.

Common Summer Home Improvements

There are some common home improvements associated with the summer time. Not all of these are as cost-efficient as others, though. Here are some of the more popular choices for summer home remodeling [4] projects:

  • Deck: If you are looking for a place to relax in the summer time, you might consider adding a deck. According to Remodeling Magazine, you can recover up to 72.8% of the cost of installing a wood deck.
  • Patio: Perhaps you don’t have the room for a deck. If this is the case, you might consider a patio. If you already have a small pad of concrete as a patio, you can widen it with the help of additional concrete. Add a few chairs, and a small table, and it can become quite pleasant.
  • Pool: This is an expensive home improvement. An in-ground pool can add to the value of your home, but by the time you pay for it, and pay for the maintenance required for its upkeep, there is little chance that you will recover what you spent. If you are looking to use it to help you sell your home down the road, you will have to make sure you keep it in good condition. The National Association of Realtors point out that an above-ground pool can actually reduce the resale value of a home.
  • Sunroom addition: Remodeling Magazine says that you will probably only recover about 48.6% of what you spend on a sunroom. However, it can be a pleasant way to enjoy the outdoors in an environment with some degree of temperature control. Buying one of those sunroom kits, though, and doing it yourself, might provide a less expensive alternative. However, in the long run it might not help your home’s resale value.
  • Air conditioning: Once again, adding central air can be a way to improve the comfort of your home, but you probably won’t recoup the costs, including the extra energy you will use to run it. However, even though it may not increase the resale value of your home, it might be a deal clincher down the road.

Bottom Line

When you are deciding on summer home improvements, think about how you will use them, and whether you will enjoy them. For the most part, summer home improvements are going to be for your comfort and benefit. They may be nice features that can make your home a little more sellable, but they probably won’t add substantially to your home’s resale value. Don’t think of them as a financial investment; rather, consider them as purchases that might be considered an investment your own enjoyment.

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[3] home improvement: http://www.bargaineering.com/articles/8-great-frugal-tool-options-for-home-improvement-projects.html

[4] home remodeling: http://www.bargaineering.com/articles/20092010-home-renovation-projects.html

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