4 Things You Can Add To Your Home To Increase The Value Of Your Property
When it comes to decorating or remodelling your home, it is always worth knowing just how much extra value it will add to your property’s value, especially if you are looking to move in the near future or are using it as part of a development portfolio. Certain renovation projects are sure-fire ways to boost the appeal of your home and its value, but these don’t always have to be huge, year-long projects.
Small jobs and quick fixes may surprise you in the impact they have on your property valuation estimate and should you ever sell, you’ll make some money off your hard work. So, here are 4 things you can add to your home to increase the value of your property.
Convert Your Garage
Many homes come with an adjacent garage, but far too often these garages become dumping grounds for stuff you no longer want in your home, but can’t face throwing away. If you don’t use your garage to store your car, then it makes perfect sense to convert it into another living space within your home, especially if you also have parking or a driveway.
Your first step should be to check if your garage is suitable for a conversion or not and if you will need planning permission. Then, you can work out just exactly what you want to do with this space, whether you extend your kitchen or living room or even add another bedroom, all of these ideas will increase the value of your home.
Install A New Bathroom
A new bathroom is certain to increase the value of your property, but it can sometimes turn into an expensive investment. If you want to keep the price down, then keep the layout you already have. Spending tends to increase once you start moving things around. Even small things, such as the positioning of the toilet, will lead to huge increases in the amount you spend. Save money by choosing a bathroom suite, rather than selecting individual pieces and finish the room off with some accessories, such as a heated towel rail or stylish cabinets.
Homes with gardens can often be a rarity in certain areas, particularly in London, so if you have one make the most of it. Decking or patio space transforms a dull area of grass into a space perfect for entertaining and, if properly designed, a summer house can also add to the overall value of your property. If you’re planning to sell, then first impressions count, so give the space a new coat of paint if needed and add in some stylish furniture, such as cane chairs or conservatory furniture. Tidy up the general garden area by keeping the grass regularly mown and free from weeds.
Make Your Living Area Open Plan
You can completely transform your home and save on the need for an extension by creating an open plan living space. If you know what you’re doing, then this is an easy DIY job, but you may need to hire a professional, depending on the wall type. If knocking down an internal wall isn’t an option for you, then you can always consider a side or rear extension, although these can time consuming and costly.