When looking to carry out home renovations, one of the main goals is to create a better and more comfortable living environment for you to enjoy. However, it can be beneficial to look into which home improvements can provide the best return on investment, especially when it comes to selling your property. This will allow you to create the best version of your home for you to enjoy, while profiting from your efforts later on.
This guide will highlight the best renovations to increase the value of your property and how you can implement these into your home.
1. Loft conversions
Loft conversions are a great way to transform a previously unused space, whether you decide to add an extra bedroom or an office space. You’ll likely need to recruit the help of a contracting company, but loft conversions are certainly a worthwhile investment. Due to the outside exposure to your home that loft extension brings, it can be a good idea to avoid getting a loft conversion during the winter, and potentially finding another place to stay during the renovation.
When it comes to selling your property, the listing of an extra bedroom or a work from home area can have a huge impact on the overall value of your property, meaning you can increase its asking price when selling the property.
2. Extensions
Similarly to loft conversions, extensions will need the help of professionals to get the work done. When built correctly, extensions can greatly increase the value of your home, especially when used to add an extra bedroom or living area. A well placed extension will seamlessly extend the footprint of your home and create more living space, one thing that is very sought after in properties.
Ensure to look into how to extend your home in the best way so you can maximise profit, as the way you extend and how you use your extension space is incredibly important.
The most common way to extend your home is a rear facing extension where you use some of your garden space to increase the size of your home. However you can also get side extensions, and L shaped extensions which are both side and rear extensions in one.
3. DIY your house
Gardening and landscaping is one of the best DIY improvements you can do to add value to your property, and you can do so on a budget.
For example, you can use grinders to cut paving stones to create sociable outdoor areas in your garden for the summer months. You could also add planters and decking, allowing you to convert your outdoor space without breaking the bank.
This transformation of a previously bleak looking garden into a sociable space that acts as an outdoor extension of your home will be more appealing to buyers, helping you to sell the home more easily and for a higher asking price.
Also Read: How to prepare for a DIY home renovation project?
4. Kitchen makeovers
Giving your kitchen a refreshing makeover is a great way to increase the modern design of your home. You can do this by sanding and painting old kitchen cabinets, using contemporary colours to create a brand-new kitchen look. By doing this you can also save money on a full kitchen makeover but achieving almost the same affect.
You could also look at installing high-tech kitchen appliances, such as a boiling water tap. These little added extras can really help to increase the value of your property and make it appear a more desirable home to live in.
Also Read: Kitchen Remodeling and Decoration Ideas
5. Energy efficiency upgrades
The energy efficiency features of a home can go a long way to increase its value, simply because a home’s energy efficiency directly correlates to how much the homeowner pays in energy bills.
With energy prices continuing to soar, people now more than ever are on the look out for efficient homes. By insulating your property you will directly improve the energy efficiency rating of your home. You should also look to improve your heating appliances, such as your boiler and radiators, to improve the heat output from the energy used. Finally, draught proofing the house, sealing all windows and doors to eliminate draughts from seeping in cold air – these energy efficiency upgrades can certainly make the property look more appealing to potential buyers both due to the comfort it will add to the home and the money they could save in the current climate.
