When you originally purchased home insurance, your agent verified how much your Brooklyn, NY home was worth. Besides the home’s value, there was also a certain amount of protection for your belongings, such as your furniture, appliances, and personal items. If you are making home improvements, you may change the value of your home. You should speak with your VAC Insurance Agency before making any significant changes.
What Kinds Of Projects Could Change the Value Of Your Home?
Most of the time, a superficial change will not change your home value. While you can make your home more desirable by adding to its curb appeal, the actual value won’t change. Here are some of the kinds of changes that will change the value of your home:
- A home addition, such as an extra room, will change your home’s description and value.
- A modern renovation, such as when you upgrade your kitchen’s appliances and cabinets, will add to the value of your home.
- You can add value by converting an attic or basement into a living space.
Some specific purchases can change the value of your home:
- A new HVAC system can add to the value of your house, especially if you also update the ductwork while upgrading.
- A new air conditioner adds value.
Make Sure Your Home Has the Protection It Needs
If anything were to happen to your Brooklyn, NY home, you would want to have the amount of protection you need to take care of repairs so you can move on without stress. If you would like to discuss the amount of protection you have on your home or have any questions about home insurance, please call VAC Insurance Agency today.
