Architects Worcester Park
Home Improvement Projects That Provide Great Return On Investment
Dreaming of ways to increase how much your property is worth, despite knowing you’re probably going to stay there for another 10 to 20 years? It’s not all about how much your property will realise though. It also helps increase your chances of refinancing at an affordable rate, while at the same time giving you additional financial security. As we learn from an early age, our homes are our most important investments. It’s vital that owners always view them this way and treat them accordingly!
One of the best ways to add value to your property is by investing in home improvement projects. But not any project is right for every home, since not every project will substantially increase the value of every home.
The suggestions below have been shown to be very effective in all kinds of different locations.
Add On A Room
If you want to see an instant increase in your home’s value, adding a bedroom or a bathroom is the way to do it. Add a bathroom or a new bedroom. There could be another house just like yours on the street, yet when you have an extra room, yours will be worth more. This is due to the fact that larger homes can house more people, so they will cost more to purchase.
One popular way of handling additions is to to build rooms directly onto the exterior of your home. Alternatively you could convert a larger room into 2 smaller rooms if there is no room for an extension. Having more rooms after a split like this will still make a home worth more.
Remodel The Kitchen And All Bathrooms
Those interested in buying a home often pay most attention to the kitchen and bathrooms before buying a home. Today, most people want to see large, open kitchens with new cabinets, stainless steel appliances and granite countertops. A kitchen remodel can be quite expensive, but the appeal it can add to a home on the market is exponential.
Bathrooms are another area where potential buyers can be swayed one way or the other. These days, it’s important for buyers to see plenty of storage space, his and her matching sinks, claw-foot tubs and even jetted tubs. Having a beautiful bathroom will make your home a more pleasant place to live in. That makes sense, considering a lot of time each day is spent in the bathroom!
Update the Heating and Plumbing
This is not one of those exciting upgrades you can show off to others. Even so, this will help you prevent problems and add value to your house. Some old homes may have copper pipes or gas heating that will be in great need of an upgrade. For homes that still have illegal copper pipes, your municipality may offer funding to pay for replacements.
There are also a few minor renovations you can make, such as putting in new windows, adding plants around your home, and having the roof replaced. There are all kinds of improvements that can increase your home’s value, but the suggestions listed above will bring you the best results. Adding rooms, renovating the kitchen or bathrooms, or updating the utilities will add value and enjoyment in a home for years to come.
Best wishes on your home improvement projects, and hopefully they will allow you to make your home even more valuable.