5 Ideas To Add Value To Your Property
As time goes by, your property will start to increase in value. Changes in the market accelerate prices, and there are also things you can do to add value yourself. For a few key ideas, consider the following options.
1 . Refurb your kitchen
One of the best ways to add value to your property is to refurbish your kitchen. According to Asbig Media, renovating your kitchen can increase the value of your home by approximately 10%. In the past kitchens used to be more of a purely functional room, but in 2021 they are so much more than that. A beautiful kitchen is very attractive to potential buyers. Kitchens are frequently used as a social place, from entertaining friends, to having coffee with your family.
2. A loft conversion
Extending your living space is one of the best ways to boost the value of your property. A loft conversion allows you to create a whole new room, whether it’s a bedroom space, or an extra longue. There are several different types of loft conversions, the type you choose will depend on the existing structure of your house and your budget. A few examples include roof light, dormer, mansion, or hip-to gable. Research shows that a loft conversion can increase property value between 10 and 20%.
3. A garden room
A garden room is a building that’s constructed in your garden space, it’s a stand alone structure that’s separate from the rest of your house. Over the last year or so garden rooms have become increasingly popular. Many people have found themselves working from home, and needing the extra space. Garden rooms are often utilized as an office, yet they can be used in any way you wish.
If you’re keen to add value to your home, a garden room is another great way to extend your living space. Most garden rooms don’t need planning permission, however it’s best to check this beforehand.
4. Add a second bathroom
Adding a second bathroom to your room is also a great way to push up the value. Perhaps you’ve got a cupboard downstairs which you don’t really use? You could utilize the space to add a downstairs toilet? Before you get started it’s a good idea to have a budget in mind. Choose your color schemes, and key features, and figure out how you could save money.
5. Renovate your driveway
Is your driveway looking a little shabby? One of the best ways to add value is to boost your curb appeal. Think carefully about which materials to use for your driveaway, you might use asphalt, gravel or concrete, (depending on your budget). Other ideas to boost your curb appeal include:
- Plant colorful flowers.
- Add garden ornaments.
- Clean and paint your fences.
- A new front door.
- An eye-catching mailbox.
Adding value isn’t just about renovations, it’s about making any vital home repairs, to ensure that your property is in great shape. When you come to sell your home you’ll want to see a nice return on your investment. There’s lots to do when you’re moving to a new property. You’ll need to find the best Mortgage Quotes for your new place, and find a great realtor to help you sell. With lots to do, it’s best to get organized early. Using these five ideas, you’ll soon increase the value of your home.