Architects Covent Garden
Increasing Property Value Through Home Improvements
Even if you aren’t planning to sell your house for at least ten to twenty years, you probably still spend time thinking about ways to add value to your house. Resell value is not the sole purpose of wanting to add value to your home. It can offer you a better chance of refinancing options and better loan security. We are taught from the time we are young that the great investment we have are our homes. Start treating your home like it is your greatest investment by making improvements to it.
Spending some time and money on improving the appearance of the home will allow you to increase its value. Some renovations yield better results than others.
The suggestions below have been shown to be very effective in all kinds of different locations.
Do you want to see your home value go up right away? If so, build another bedroom or even a bathroom. Even if your house is almost exactly the same as another house on your street, it’ll be worth more if it has an additional room or bathroom. With additional rooms, larger families can move in and still have enough space for everyone, which is simply convenient.
You can create an additional room or two by building an extension directly onto your home. If there is not a safe way for you to add an extension, you can build a wall inside of one of your largest rooms to create two separate rooms. Having more rooms after a split like this will still make a home worth more.
Upgrade Your Kitchen and Bathrooms
Kitchens and bathrooms lean a great deal to potential buyers. Most people want to have spacious kitchens that feature updated cabinets, modern countertops, and some of the best looking appliances. These kitchen updates can be costly, but they’re more than worth it if you want to catch the eye of buyers.
Another sticky area is bathrooms. The best bathrooms today have plenty of storage, his and her sinks and vanities, and jetted tubs. If you have a well designed and fitted bathroom it also provides a comfortable, relaxing haven where you can chill and be happy. It’s a room we have to spend a lot of time in, so we might as well enjoy it.
Plumbing and Heating Upgrades
It may not be glamorous and there may not be much to show off to friends, but it’s worth it. However, updating the heating and plumbing systems adds value to a home and prevents potential disasters such as busted pipes or leaky radiators. This may be particularly important for older properties which still have gas heating with copper pipes fitted. Copper pipes are illegal in some areas, which means you might be eligible for a subsidy you can use to update your old plumbing.
Other home improvement ideas including replacing windows, gutters, roofing and giving your lawn a makeover. Updating your home is almost always going to increase its value, but the home improvement suggestions above will pay off in a big way. Whether an owner decides to make more rooms, update the kitchen or bathroom, or replace pipes and other parts, the home will be in better shape for years to come.
The sooner you get started, the sooner you can start enjoying the upgrades to your home.