With house prices continuing to rise, people are choosing to renovate rather than move, but what adds value should you decide to sell in the future? Here are five ways to investin your home and add value.
Extend
Extending your home is a popular way to create more space and increase its value. If you have plenty of outdoor space, you may choose to add a conservatory to overlook the garden or add an extension to the back of the house to create a playroom or den. If a ground floor extension isn’t possible, consider going up or down instead. Cellar and loft conversions allow you to add an extra bedroom or study, or even a cinema room or home gym.Make sure you contact your local council before making any changes in case you need planning permission and only use reputable builders who comply with building regulations.
Reconfigure the Space
If the space you have is adequate, but the floorplan doesn’t work, you may be able to add value by reconfiguring the space you have within the building’s current footprint. Seek advice from a builder – they have experience of making a space more useable or splitting space to create rooms with more equal proportions/regular shapes.
Update the Bathroom
Modernising your bathroom can add value to your property, especially if your current suite is dated and your tiling is looking tired. The sleek lines of subway tiles are popular with neutral whites, creams, and greys less likely to date than brighter colours. Add features such as a rainforest shower or roll top bathto give a spa-like experience and don’t be tempted to cut corners with budget fittings – small details such as taps can make a real difference to the overall look of your room and are a worthwhile investment.A bathroom specialist such as woodstonebathrooms.com will be able to help you create a bespoke bathroom that will add a touch of luxury to your home.
Modernise the Kitchen
Similarly to bathrooms, updating your kitchen can add serious value to your home. For longevity don’t go for the latest trends, stick with a design that is less likely to date. If you are on a budget and the cupboards themselves are in good condition, consider keeping the basic frame and just updating the work surfaces and doors. Buy the best quality fitted appliances you can afford – if you do decide to sell, big-name brands are desirable and hold their value.
Make the Most of Your Outside Space
Whether you have a balcony or a garden, spending time and money on making it more useable and appealing is always a wise investment. Add features such as a firepit, veranda, or a water feature and choose plants of varying heights to add visual interest. Privacy is important, so if your garden is overlooked it is worth growing trees or bushes or adding taller fences.
However you update your home, make sure it is to your taste so whether you decide to sell your property in the future or stay long-term you can reap the benefits of your efforts.