When you buy a home it should be seen as a huge investment. This means that whatever you buy it for you should be aiming to increase this when the time comes to sell it. There are many things you can do to your home that will add value to the final asking price. If you are unsure of what these are then take a look below for some guidance and inspiration.
New Kitchen
One of the first things people tend to do when they buy a home is to renovate the kitchen. The kitchen is the heart of the home, where people generally spend a lot of their time. Whether you are simply entertaining or cooking meals for the family, you need your kitchen to suit your needs. If your kitchen makes you unhappy then you are not going to want to spend any time in it. If you don’t quite have a big enough budget to buy a brand-new kitchen then you can make changes that are wallet-friendly. One example of this could be to paint the kitchen cupboards and add new handles to give the effect of new ones.
Loft Conversion
Something else that can add a huge amount of value to your home is a loft conversion. Everyone is always looking for more space, and selling your home with usable loft space will make it well sought-after. Instead of buying a home with extra rooms that will cost you a small fortune, renovate and convert the loft. The cost of a loft conversion can vary massively depending on the type of work you are having done. You are generally looking at between $7,000 and $25,000. However, this will give you a return on your home of about 25% on the asking price.
Swimming Pool
This might be something that you could only dream about, but if you are able to make it a reality then think about adding a pool to your home. This could be an outdoor pool that is heated or even an indoor one with a nice glass house over it. When people think of pools, they assume you mean a huge one that takes up the whole of your garden. This is not the case and you could get a pretty decent-sized one from a company like Royal Swimming Pools for around $10,000. A pool will be an impressive feature when potential buyers come to view your home when you put it on the market.
Landscaped Garden
Finally, a manicured and landscaped garden can add a whopping 20% to the value of your home. It is well worth looking after your garden because of this, if you don’t then the value of your home could drop. If you are not able to do this yourself then you could hire the help of a professional to do the garden for you.
We hope you found this article helpful and that it gave you plenty of top tips on how you can create your dream home while also adding a huge chunk to the value.
Candy TaiCANDY 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.
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