If you're looking to work your way up the ladder of the property market, then you're going to want to increase the value of your home. Whether you're going to be living there long term or moving onto the next step reasonably soon, there are still similar ways that you can maximize the value of where you live now. Have a look here at this small guide to help you increase the value of your home.
You should consider transforming an existing cellar into a useable living or storage space, it can do wonders for property value and can sometimes boost a property's value by as much as 30 percent. It'd known as being one of the least complicated home improvements you can do, purely because it qualifies for 'change of use' for planning purposes. It's easy to feel overwhelmed by a project like this, especially in terms of sticking to a budget and time scale however researching things such as fixed rate home loans can make you feel more at ease.
How much do you use your garage to home your car? Be honest, is it just filled with junk?
If so, it could make sense to convert it into a living space, especially if you are considering an extension and have parking available outside too. Make you your check that your garage is suited to be converted before going ahead as you don't want to delve into it to later have to change it back. You don't often need planning permission, but it's worth checking this first.
Adding a loft conversion as an extra bedroom can add up to fifteen percent to the value of property mainly if it includes features such as an en-suite bathroom. It's possible to convert most lofts, but it's still worth getting a professional opinion before you start. There are lots you need to consider with a loft conversion such as the different types, costs and structural work required to complete the task. Some need planning permission others don't so check this checked. An excellent feature to add when you're completing a loft conversion is a fitted wardrobe that can provide the essential storage for an unusually shaped room.
Renovate The Bathroom
One of the easiest ways to add value to any home to ensure that there is a new bathroom that fit for purpose. So if you have a family home, make sure you have a bath, this is often a necessity for a family who is looking to buy. It can sometimes be a little on the expensive side, but it's worth the investment. If you want to try and keep the price down, try keeping your existing layout as this cuts down on potential plumbing requirements. Merely adding an over bath shower rather than a self-enclosed one as it can cut costs dramatically. Of course, if you can, renovating a bathroom and adding a new bathroom suite and appliances will be a great way to increase the value of your home. A lot of the time the investment put in will give you so much more back when it comes to resale value. If you do want to completely renovate your bathroom, it might be worth having the experience of plumbers on hand to help you out. A quick look online for the best plumbers in your area could help you to find what you are looking for.
Increase Your Kerb Appeal
There’s a lot of evidence to suggest that potential buyers make up their minds about whether to make you an offer before they even set foot in the house. That means that what your home looks like from the outside - it’s ‘kerb appeal’ - is hugely important. If your house looks welcoming, you are more likely to get higher numbers of viewings, more buyers bidding on your home and a higher final sale price. And there are lots of cost-effective ways to give your home a dash of allure from the front. Covering up or replacing old worn materials with quality home siding can provide a great facelift, as can repainting or replacing the front door and the windows. There’s also an awful lot that can be done with introducing foliage, like potted trees or hanging baskets, or even trellising that can disguise less than desirable exterior features. Even just properly weeding and mowing, adding a gravel path and some solar LED lights, or jet washing decking or block paving can really smarten up the appearance of your house and get those viewings rolling in.
Are there any other methods that you would use to add value to your home? Please share them in the comments area below.
CANDY TAI is a wife to David and mom of 5 with a degree in Communications. She's a native Texan (Hook 'Em Horns!) who's been making her home in the Kansas City metro area for nearly 15 years. She loves being able to shuffle her kids from their various sports activities, piano lessons, and school activities. She enjoys fashion, beauty, reality TV, and moviegoing.