Pushing up the value of a home can lead to far greater profits when you eventually come to sell. Perhaps the easiest way to do this is through renovation. A few changes here and there can make the property much more desirable to would-be buyers.
But exactly which changes are the most cost-effective? Let’s take a look.
Kitchen Upgrades
The kitchen is arguably the most important room of the modern home. It’s a social hub, a dining area, and a place where food is prepared. It’s also the place where several extremely important appliances are kept. Swap out your old cooker, fridge, or freezer, and you could make the space much more appealing. Changes to lighting, layout, and cabinet doors might also be worth considering.
Bathroom Remodels
A bathroom that looks dirty or old is likely to make would-be buyers wrinkle their noses. This is something we want to avoid. Pick out high-quality fixtures and tiling, and avoid bold or brash colors. Make sure that everything is clean and tidy, investing in storage to keep loose bottles of shampoo under control.
Adding Extensions
Perhaps the easiest way to increase the value of your property is to expand the footprint. Additional rooms like conservatories and loft conversions can dramatically improve the functionality and overall appeal of your home – even if they do involve an investment in building work. With the help of specialised renovation insurance, you can protect this investment, and make sure that you’re not at risk of running into difficulty later on.
In many cases, you can extend without seeking planning permission. However, for the avoidance of stress and disappointment, it’s worth erring on the side of caution and putting in a few phone calls before you get started.
Improving Energy Efficiency
The more energy-efficient your home is, the less it will cost to run. You can improve energy efficiency by insulating, upgrading your double-glazing, and installing solar panels on the roof. This will drive down the cost of living, and drive up the amount that buyers are willing to offer.
Creating Outdoor Living Spaces
Your garden space can be viewed as an extension of your living space. A few well-chosen pieces of furniture, the right potted plants, and a little bit of decking can often be transformative. You don’t need to spend a huge amount of money: even a small investment can make a big difference in the garden!