When planning upgrades and improvements for your home, it’s always sensible to consider how this work will impact the value of your property. Even if you’re perfectly happy now, and have no plans to move anytime soon, you may want to in the future, in which case, you’re going to want to sell your home for the best price possible. To do this, you will need to find and plan improvements that offer the best return on investment. If you’re hoping to update your home in the near future, then here are five renovations that can boost your property’s value.
Remedy Any Structural Problems
Before you can even consider cosmetic improvements, you need to fix any structural problems that are plaguing your home. Issues like a sagging roof, collapsed floor, and rising damp can all have a negative impact on the value of your property, leaving you massively out of pocket. What’s more, they can also risk the health of you and your family. These repairs will be among the most expensive to carry out, but they’re necessary and offer the best return on investment.
Add To Existing Accommodation
A number of factors determine the value of a home, but one of the most significant will always be the number of bedrooms. For that reason, adding bedrooms to your property will almost always add to the sale price. You can create extra bedrooms by converting loft or garage space, extending your home, or by adding and removing walls. If this is too costly, or you have enough space already, then consider ways to improve the bedrooms you already have.
Makeover The Kitchen And Bathrooms
Attractive, hygienic, and family-friendly kitchens and bathrooms are absolutely vital, both for buyers and valuation surveyors. You should also ensure that your kitchen is a social space, as, these days, more and more families are taking to spending time together in their kitchens. Of course, completing remodelling these rooms can be expensive, but, thankfully, it isn’t always necessary. More often than not, a few low-cost improvements can have a huge impact.
Boost The Kerb Appeal
Whether we like it or not, first impressions are everything, which is why most buyers will decide whether or not they want a property before they even step through the door. For this reason, it’s crucial that your exterior looks welcoming and attractive. There are a number of improvements you can make, such as repainting doors and walls, replacing old garage doors, and removing stone cladding. You should also keep your lawn trimmed and tidy, and remove any weeds.
Spruce Up The Garden
A well-designed and tidy garden can significantly boost the value of your home, and make it more appealing to potential buyers. Thankfully, if you lack a green thumb, you’re in luck, as when it comes to gardens, less is often more attractive. Rather than investing time and money in fancy flower beds and expensive water features, you should stick to the basics and ensure the space is secure and private. You should also make sure that your lawn is kept trimmed and healthy.
If you’re planning to renovate your home sometime soon, make sure you consider these value-boosting improvements.