If you want to increase the value of your home, making improvements is where it’s at. Not only will it make your property more appealing to potential buyers, but it’ll also simply be nicer for you to live in! Not every home improvement is beneficial, though, so focus on one of the following areas if you want the best return.
Kitchen renovations
A modern, well-designed kitchen can be a major selling point for any home. Updating appliances, installing new cabinetry, and adding contemporary finishes can significantly boost the result of your professional home valuation. And by that, we’re talking about a good 10-15%. Just make sure you’re not paying more than the potential value added. If your kitchen is already quite well equipped, you might only need additions instead of a complete revamp.
If you’re looking for ideas on what to add or change, energy-efficient appliances, open-plan designs and stylish islands that double as dining spaces are a great starting point.
Bathroom upgrades
The next room that provides generous benefits from improvements is the bathroom. Modernising it with contemporary fixtures, smart storage solutions, and luxury touches such as underfloor heating can make a big difference. If you live in a property where it’s possible, consider adding an extra bathroom.
Potential buyers often look for modern, stylish bathrooms that offer comfort, functionality, and a sprinkle of uniqueness. As it’s a room made for relaxation, go wild with your ideas!
Loft conversions
Another great thing to do is convert unused loft space into functional rooms like bedrooms or home offices. This will provide you with additional living space without the need to extend the property. It’s also a bit more cost-effective compared to other types of extensions.
Before you start, though, please check local planning permissions and building regulations. Not every loft has the structural integrity to become a living space, but if done right, it can increase your home’s value by a chunky 20-25%!
Energy-efficiency improvements
Improving your home’s energy efficiency reduces utility bills by a significant amount and makes your property more attractive to environmentally conscious buyers. Key improvements include installing double glazing, adding insulation, and maybe even fitting solar panels. This may even see you qualify for government incentives for an even higher return on investment! Energy-efficient homes are in high demand, so going this route is a smart choice for any homeowner.
Incorporating home solar energy systems boosts your home’s green credentials and provides substantial savings in the long run. By generating your electricity, you can reduce reliance on the grid and protect yourself from rising energy costs. These systems often come with attractive incentives and tax breaks, making the investment even more appealing.
Garden and outdoor space enhancements
Hop outside and create a patio, add decking, or design a landscaped garden to provide yourself with a relaxing outdoor environment. There’s nothing better than opening your door to a wonderful green space.
Don’t underestimate the value of off-street parking, too. Estimates of how much it adds vary dramatically (ranging from 5% up to 50% depending on where you live), but if you can add a driveway or garage, go for it.
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