With house prices finally starting to increase, now’s the perfect time to invest in your home in order to capitalise on its value. Whether you’re looking to sell right away or you’re thinking of the future, here are five easy ways to increase the value of your home without needing to re-mortgage!
Loft Conversion
This is probably the most expensive of our recommendations but you can easily double the money you spend, so it’s definitely worth it.
Homebuyers just love hidden spaces, particularly when they involve extra bedrooms and bathrooms. A loft conversion is the perfect way to extend your home within the space you already have. The key to a good conversion is ensuring access is easy and that the design is in-keeping with the rest of your property.
Conservatory
Extending your living space is never a bad idea. However, just like with a loft conversion, it’s essential to make sure a conservatory matches the style of the rest of your home. Avoid making your conservatory a separate space; when potential buyers view a house they’re looking for a space that flows so a conservatory door will be an obstacle which prevents this.
Bathroom
A tired bathroom isn’t something anyone wants to see, so if it’s the difference between a sale and just another viewing, it’s certainly something to consider.
Your bathroom’s not something you need to spend thousands on and it rarely ever requires a brand new suite, you just need to think about the details. A shiny new set of taps, a good quality power shower, a heated towel rail and a glass shower screen rather than a grubby shower curtain are all relatively cheap changes that’ll make a massive difference.
Kerb Appeal
If someone’s interested in viewing your home they’ll almost certainly do a drive-by before enquiring about coming to view, which means the exterior of your home needs to live up to the interior.
If there’s any wood to the exterior of your home that’s looking a bit past its best, then a coat of paint is essential. Perhaps more important though is your front door. If your front door doesn’t look smart and make your home stand-out, then a new one will definitely be a worthwhile investment.
Just because you’re moving out doesn’t mean you should opt for a cheap, low quality front door though. Remember, this is the first part of your home that eagle eyed viewers will see and as home security is considered a top priority, spending a little extra on a secure front door which fits in with the look of your home makes so much more sense.
Kitchen
The kitchen is now considered the heart of the home and therefore needs to be on point for any viewing.
If your kitchen could do with up-dating but you don’t have a huge budget, then replacing cupboard doors will make the world of difference. Equally, ensure your work surface is clear. You want potential buyers to be able to see the efficient workspace you have available and envisage how they’d optimise the space – something they can’t do if the space is cluttered.
Following these five tips will ensure the value of your home is maximised when you come to sell, in the mean-time though, it means you get to enjoy a beautiful space safe in the knowledge you’ve made yourself money in the process.