Top 5 Ways to Increase the Value of Your Home
Thinking of moving? To get the most value out of your home, invest into it first. From small additions and fixes to even a moderately expensive renovation can increase the value of your home and return your investment twofold.
Beautifying your home, cleaning it up, and fixing any small damages can go a long way. Updating and putting time and money back into your home might even convince you to stay, but if it doesn’t, here are 5 ways to increase the value of your home, for when you want to sell:
1. Beautify the Exterior
From repainting to refitting the rusty fixtures, beautifying the exterior of your home provides an instant increase in the value of your home. Not only will it attract more buyers, but it will also sell your home faster. Don’t ever underestimate the power of curb appeal. If you live in a densely-populated area, this could include paving over your front garden to make way for a parking space.
2. Loft Conversions
The best way to add over 10% of your home’s value is to add on another bedroom and bathroom. The easiest way to do this is through a loft conversion, as it can be completed mostly from the outside. Ensure that the look matches the rest of the house, though! No one likes the look and feel of an eyesore in their home. If you try to save on costs by sourcing the materials yourself, make sure you don’t skimp out on key safety items like scaffolding and other building equipment.
3. Focus on the Kitchen
The heart of the home is in the kitchen. If you really want to increase the value and saleability of your home, update your kitchen! A full, expensive renovation isn’t necessary, either. Keep the renovation budget in line with your home’s value. Even something as small as updating the appliances, repainting the cupboards, and replacing the fixtures can increase your home value.
4. Clean up the Outdoors
Your garden is crucial. Having a clean, smartly designed outdoor space is critical, particularly if you live in an urban area. Your garden might be the only green you have access to! Cleaning it up, removing weeds, freshening the look of it (power washing or paint will do) and including some bright, colorful flowers will go a long way to selling your home.
5. Maximize Storage Space
People love storage! A property that includes an ample number of places to neatly put everything away is a huge seller. You don’t want a potential buyer to come in and wonder where they will put all their things. Install smart storage solutions and wow those who come to your door.
One thing to remember when renovating your home is that it must be done right. Not only are poorly executed DIY projects a major turn-off, but they can also be very dangerous. Even large construction projects have the potential for devastating disasters. It’s best to leave the heavy lifting to the professionals.