Home improvements come in many different forms and the reasons why people carry out home improvements can vary. One of the most popular reasons for home improvements is due to value they can add to the home.
Even those that aren’t looking to sell their current home are still keen to employ home improvements that can add value to the home.
Although the carrying out of home improvements can add value to the home, it’s important that the things putting in place adapt to the lifestyle of a family, and don’t cause any issues to the rest of the home.
In some instances, simple home improvements such as decorating can be enough to ensure that the value of the property is maintained. However, in other instances, the work needed could be more cumbersome and therefore require a larger budget.
The following is an overview of some of the home improvement that can be made to ensure that the value of the property is maximised, as well as some of the considerations that need to be made when employing the use of the some of the home improvement strategies.
Consider an Additional Bathroom
Although the current bathroom should look the best it can, it has been shown that the addition of an en-suite bathroom can see the value of the property increase as much as 5%.
Of course, this is only suitable for those that have the room available, but the addition of a bathroom can also mean that the house is more organised during busy mornings.
There are a lot of benefits to the introduction of an en -suite bathroom, but if there is already little space available then it could mean that space is hindered further.
If you’re unsure as to whether the installation of an en-suite bathroom is the best way forward, then it may be worthwhile speaking to some professional to ask their advice
If the option for an additional bathroom is unavailable, then why not consider investing the money into overhauling the current bathroom if it’s needed. A simple modernisation of some fixtures can make the home more appealing to sellers and could even increase the value of the home.
Tidy Up the Garden
Many would be forgiven for assuming that the state of the garden does little to devalue the home, but nothing could be further from the truth. Not only can tidying up the garden ensure that there somewhere to catch some respite, but also has the potential to add u to 7.5% to the overall value of the home.
Rectifying the garden can be as simple as cutting the grass and trimming back overgrown hedges, but those looking to go one step further may want to go as far as investing in some landscaping.
Can the Garage Be Converted?
There will be times when the garage has a purpose in housing the vehicle of the family. However, there can be instances where the garage becomes nothing more than a space for a collective of junk.
If you’ve got a garage that’s currently not being used, then why consider converting the garage into some additional living space. This can also be viable for those that already have parking spaces available outside.
When considering the conversion of a garage into living space there are other considerations that need to be made, such as the price of insurance on a vehicle should it be stored outside.
In most instances, the conversion of a garage into a living space can add as much as 15% to the overall value of the home.
Don’t Underestimate the Value of Decorating
Although some home improvements can be costly, decorating is something that can add additional value to the home for very little investment.
Those looking to sell the property should focus on neutral colours to ensure that the aesthetics appeal to a broad demographic of potential buyers, whereas those looking to stay put can let their imagination run wild.
Carry Out Any Repairs As Soon as Possible
Every house will have its share of repairs that need to be carried out, but they’re longer they’re left the more they can pile up, and potentially devalue the home as a result.
Staying on top of any repairs ensures that the house remains in good working condition, while also ensuring that the aesthetics of the home also look up to par.
Rendering and repointing could be among some of the chores that need to be carried out, but even something as small as broken fence should be seen to sooner rather than later.
Consider a Loft Conversion
Many people will already be aware of the benefits a loft conversion can bring, but it is something that must be approached in the right way for those looking to add value to their home.
In some instances, loft conversions can be expensive, but those that can limit the additions and structural work needed can find that a loft conversion can add as much as 15% to the overall value of the home.
The conversion of a loft into liveable space doesn’t have to be expensive, but it’s important to get quotations and ascertain what would be delivered for the price paid.
There are plenty of ideas available when it comes to adding value to the home that can also add some additional comfort to the home as a result. Regardless of whether you’re looking to sell your home or just want to ensure the homes looks the best it can be, the tips given can be useful in both instances.