Simple ways to add value to your home
Do you wish to sell your home or just add value to your already existing house? There are different ways of adding the value of your home and this article is a simple guide in enabling you to do so in a more simple, effective and cost-efficient way.
The value addition costs are mostly estimated to be about 20 to 25 cents per dollar. the reminder 75 to 80 cents spent goes back into the home through the increased value. Because every house has its own ceiling price, it is vital to ensure that the value-added cost does not outweigh the profit.
Before undertaking these upgrading, checking with your local building control office is key to confirm if you will be required to comply with any building regulations. Talking to your neighbours too about the intended uplifting can be a recommended virtue too.
1. Consider a loft conversion.
A loft conversion is an ideal investment and can really push your property price up very easily. This is one of the easiest ways of creating an extra room and possibly a bathroom too which will definitely hike your home up into the next price category. Generally, an additional bedroom normally adds up 10% up to 15% of the value of the home.
Before setting a loft conversion, a thorough survey and calculations must be made to ensure that the conversion can be safely supported by the existing structure.
2. Exterior face uplift.
The first impression counts, and there is usually one shot to make the first impression. Whether to buy your home or moving to the next property on sale is determined largely form your kerb appeal. A flat or unattractive exterior environment might push away many potential buyers regardless of how beautiful the interior design is.
The good news is that, its very easy to boost and fix your house kerb appeal by simply tidying the outside. Painting the main door, replacing broken paths tile, investing in window boxes and pots can spur instant appeal.
3. Investing in the kitchen.
The kitchen is the soul of the house, so an attractive, clean, well lit and sociable kitchen is very essential. Before restructuring the entire kitchen, its important to consider the basics such as the shape and layout before restructuring or relocating it elsewhere.
Small changes such as painting and replacing worn outdoors or cupboards can have such a great impact, as well as replacing the floor or the lighting systems. Keeping in mind that the kitchen is where most people spent a lot of time, it needs to serve more than just preparation of meals.
When making a revamp, you can consider making your kitchen have a multipurpose function such as an ideal place for meal preparations, extensions where kids can do there homework and guests can be engaged in when meals are been prepared. And all these adjustments do not have to cost you a fortune. See great kitchen inspiration at Help Your Shelf.
Finally, whatever layout or repairs to have to make in your kitchen, it is imperative that you get the lighting right. And remember to keep a kitchen that is in line with the overall budget of your house. A 30k kitchen should not be in a 2 bedroom house whereas a 5k kitchen is in a 6 bedroom house. The return investments in a kitchen are estimated to be up to 150% on the total invested!
4. Bathroom
Decorating and investing in your bathroom can really be a great way to add value to your home. Mostly overlooked by many, the power of a clean and fresh bathroom is the icing on the cake when it comes to enticing a buyer to purchase your home.
The current market trend is an all-white suit with tiles, giving the impression of freshness but a bit of lighting slightly different from the floor colors, and accessories such as mirrors and towels can help you seal the deal.
5. Adding an Extension.
Extensions or otherwise conservatory are a great way to increase the value of your house. This is because they add additional floor space which translates into better bargaining power. For example, if your garage is attached to the main house, then this ideal area to add the value of your house up to 10%.
If you adore gardens, but still cherish indoor space, then consider extending a conservatory. Graden rooms are an affordable way of adding a study, play or living room without the normal messy work of constructions. They are easily constructed and usually tailored to meet the specific needs of the owner.
6. General house repairs.
The general outlook of the house is key especially because it has to be valued by an independent valuer. Damages such as leaking roofs, rising damp, walls cracks, missing or broken roof tiles and lowers the value of your house. Cosmetic solutions are only a short term remedy hence should be avoided at all costs.
Although this is extremely expensive, general repairs are very essential and have a huge impact on the overall value of your home. Any peeling paints, squeaking doors, damaged windows, loose tiles and so on should be properly repaired.
7. Garden.
Investing in the garden is big business in today's real estate industry. An attractive, clean and well-designed garden can be a good selling point in your home. When doing a garden makeover, consider the tips below:
The aspect of the privacy of your home and garden at large.
Erecting fences and adding mature trees.
Set structures within your garden such as pergolas
Create distinct areas for social functions such as seating, eating, and barbecue, storage and lawn.
If a makeover in your garden happens to be costly, at least make sure that the garden is tidy, weed-free, overgrown trees are cut and play with colors and paint.
8. The Driveway.
A driveway is significant in increasing the value of your property. Make sure it is well designed and maintained. Also, ensure you have a right of way to cross over any land that does not belong to you.
The market is more competitive than ever and so if you want to sell your house, make sure it stands out. Pay attention to the details discussed above and you should have no problem adding value and eventually selling your property at a competitive price.
I hope you found the article not only informative but you also enjoyed reading it. Kindly comment below and share this article for your friends to see if you liked it.
