Architects North London
Adding Value to a Property With Home Renovations
Even if you intend on staying in your home for some time, it’s likely that you’re interested in increasing the value of your home. After all, adding value to a home isn’t just about being able to sell it. Adding value to your home improves the collateral you have and can increase chances of refinancing it with great terms. Everyone learns young that the largest investment most people make in a lifetime is their home. Start treating your home like it is your greatest investment by making improvements to it.
While home improvement projects are a great way to increase a property’s value, it’s important to choose the right project. But not any project is right for every home, since not every project will substantially increase the value of every home.
Below are projects that have withstood time for owners who would like to have a higher value for your there, regardless of their location.
Add More Rooms
If you’re interested increasing your home’s value very quickly, there’s an easy answer: put in another bathroom or bedroom. Put on another bedroom or bathroom. A three-bedroom, two-bathroom home will always hold more value than a home with only two bedrooms and one bathroom. Obviously, larger homes, built for more people, are worth more.
One way to achieve this is add a room on as an extension to your house. However, if there is not enough room to extend the house, you could alternatively convert a large room into two smaller rooms. Even if you can only add a wall, you will still be able to increase your home’s value.
Modernizing Your Kitchen And Bathrooms
For potential buyers, the bathrooms and kitchen can either break or make a deal. The most popular kitchens these days are those that are open plan with stainless steel appliances, new cabinets and granite counter tops. If you want to upgrade your kitchen, it is going to cost you a good amount of money, but it will look so much better, especially if you are selling the home.
Another potentially tricky area are the bathrooms. These days it is important to have plenty of storage space in the bathroom; in addition to this, his and hers sinks, claw-foot tubs and jetted tubs are excellent selling points. It’s also true that a modern bathroom with all the conveniences will increase your enjoyment as well. A brand new bathroom is sure to improve the quality of living in the home right now.
Making Plumbing And Heating Adjustments
It isn’t glamorous or a change you can show off to your family and friends. However, apart from increasing the value of your property, updating your heating and plumbing will help to prevent leaks and other disasters. It is especially true for older houses that might still have copper pipes or gas heating. For homes that still have illegal copper pipes, your municipality may offer funding to pay for replacements.
Other upgrades include installing new windows, a roof or landscaping your yard. The three suggestions for home improvement above will certainly give you the biggest value for your investment. 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.
Best of luck with any renovations!