What home improvements can help increase the value of your property?
Are you planning on putting your house on the market soon? Or do you want to make strategic home improvements that will boost the value of your home in the long term? Either way, you’re in the right place. Here, we’ll explore four improvements that can help to increase the value of your home.
Update your bathroom
The bathroom is one of the key rooms that can make or break a house sale. If yours is looking drab and dreary, it may be worth making some improvements to boost its appeal and your property’s overall value. You can rip out your existing suite and start again – although this is the most expensive option. Or, you could make smaller improvements to update the look, such as replacing any broken items, installing large mirrors to brighten the space and replacing any mouldy grout.
Spruce up your kitchen
As the kitchen is often considered the heart of the home, it can add huge value to your property and help to attract future buyers. It’s worth spending some time and budget on making it the best it can be – whether that’s installing a shiny new kitchen or making simple changes to freshen it up. There are plenty of ways to spruce up the space, like painting existing cabinets, replacing a dated backsplash and installing new appliances.
Give your home kerb appeal
First impressions count – which is why it’s really important to focus on the kerb appeal of your property. If you’re planning to sell in the near or distant future, the first thing potential buyers will see is the outside of your home, so make sure it has the wow factor! Give the window sills and exterior doors a fresh lick of paint if necessary and get some new plants to add colour. Replace any broken flags, sweep up dead leaves and other debris, and get rid of any pesky weeds.
Create an extra bedroom
According to a recent survey, adding an extra bedroom can add a huge amount of value to your home. In fact, the Ideal Home article states that homeowners in Newcastle can increase the value of a three-bedroom house by 78%, while one-bedroom homes in London can see their price tag boosted by 50%. So, if you have an unused loft or basement, put it to good use by turning it into an appealing additional bedroom.
Remember – the key to planning successful home improvements is to set yourself a realistic budget and carefully monitor how much you spend. This will ensure you don’t fork out more than you can afford and will also avoid you putting more money into the house than you’ll get back when you sell. Happy renovating!
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