Many people want their home to feel and look luxurious. Unfortunately, most of the “luxurious” things are out of their price range. Luckily, there are many affordable luxury home upgrades you can get at a reasonable price. Plus, they can increase your home’s value. Here are some upgrades you can get for your home.
A Hot Tub
A simple hot tub can quickly add one to four percent to your house’s value. However, the price can significantly vary since there are various types and styles of hot tubs. Plus, you are paying for more than the tub. You need to factor in other costs, such as electrical and plumbing. If you want to focus on adding value to your home, get a hot tub only if you have a water view or pool in your backyard.
A Home Theater
If you are a huge fan of movies, then you may have dreamed of owning your home theater. Luckily for you, you can easily achieve that. You do not have to go all out if you want a home theater. Whether you live in Denver or Salt Lake City, you can find a company that offers home audio systems. Just add a big television and some comfy chairs. But if you are willing to spend more cash, you can hire a designer to figure out a design plan for your home theater.
A Smart Home
Smart homes look great on the housing market while adding a nice three to five percent to your home’s value. They also make your life more convenient. For example, a smart garage door opener can make parking easier. A home automation system might cost you a bit of cash at first, but it can be energy-efficient and help you save money in the long run. For instance, you can get an automated thermostat to change the temperature automatically. There are also tons of security systems you can get to make your house safer.
Enhance the Patio
A patio in your backyard is a great investment to make if you do not already have one because it extends the living space. Plus, a simple spruce up of the patio could add three to four percent to a house’s value. You can refinish your patio to make it look new again and to protect it from wood rot. Or, if you are willing to put more money and effort into it, you can add an outdoor kitchen to your patio.
A Wine Room
If you consider yourself a wine person, then you are going to love having a wine room at home. The amount of value it will give your home varies, but you can expect around a two-percent increase. You can use your basement or a spare room to create a wine room. It is a great way to showcase your collection while aging your wine.
You do not have to empty your bank account to get a more luxurious home. You can try out any of the ideas above to increase your home’s value, look, and functionality.