Architects South London
Increasing a Property’s Value Through Home Improvements
You are probably wondering of different ways you can add value to your home, even if you are planning on staying in it for another 10-20 years. It is not only about the resell value. Adding value to your home means better collateral and more options in refinancing. One of the things we teach children is that a house is one of the most important investments we’ll ever make. It’s vital that owners always view them this way and treat them accordingly!
Putting up cash for home improvement projects is an efficient method for increasing the value of a home. However, you will need to know which projects will improve the appearance and value of the home the most.
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 On A Room
Do you want the value of your home to go up overnight? You can put in 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 thing to do is make sure your home has extensions added to it carefully. 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. Another option would be to turn a larger room into two small rooms.
Remodel the Kitchen or Bathroom
Kitchens and bathrooms that are outdated or in disrepair can spell deal-breaker for many buyers. In many people’s minds they want big, open kitchens that are fitted with the latest such as countertops in granite, appliances in stainless steel and brand new cabinets. A kitchen remodel can be expensive, but a worthy investment in the price of a home you are considering selling.
Bathrooms can be a great area to work with too. Many buyers are looking for plenty of storage space, jetted tubs, his & her sinks and claw-foot tubs these days. You may feel happier inside of a renovated bathroom too. People have to spend a lot of their time in the bathroom.
Plumbing and Heating Upgrades
This is not one of those exciting upgrades you can show off to others. However, it’s another home improvement job that will pay off in a big way. It’ll make your home more valuable, but it’ll also help protect you from future problems, such as a leak. This is even more true when it comes to older homes that have copper pipes, or homes that rely on gas heating. There are some areas where copper pipes aren’t up to code, and there are subsidies available for updating older plumbing systems.
If you are still looking for other improvement ideas, consider garden landscaping or replacing the roof, replacement windows or guttering. Most home improvement projects will increase your home’s value; however, the three above suggestions will provide the greatest value for your money. Adding rooms, renovating the kitchen or bathrooms, or updating the utilities will add value and enjoyment in a home for years to come.
The sooner you get started, the sooner you can start enjoying the upgrades to your home.