Five Ways to Add Value to your Home
Whether you’ve just moved into a property or lived there for years, it is worth planning how to make the most of your investment. With so many options of what you can spend your money on it’s a good idea to focus on areas that will add value to your home. These are the areas that the majority of property buyers will look to prioritise when it comes to selling your home.
By focusing on areas that add value to your home, you can plan and save for projects knowing that the money is being well spent. The UK property market is also well known as a solid investment for the future. In the short term, property prices may fluctuate. However, in the longer term as the population grows, and demand for homes increases the obvious forecast is that property prices will increase. This means that one of the best areas to invest in is your own property.
What Should You Focus On?
Research conducted in 2019 has shown that the features buyers value most are gardens and off-street parking. Outdoor space is considered more important than location. The research also indicates that spending time and money on your outside space is just as important as indoor.
So you don’t need to worry if the property you own is in a bad location. If you work on making the most of your outdoor space, it will make your home more desirable.
If you don’t like the idea of spending time and money on your outdoor space, there are plenty of other areas you could develop to add value.
Five Ways to Add Value to Your Home
Convert Your Garage
Transforming your garage to a living space is the number one way to add value to your home. However, this only works if you have space elsewhere to park your car. If your garage is full of junk and you have space to park your car outside this could be a viable option. Depending on the layout of your home the garage space could be an extension to the kitchen or a utility room. If you have a large garage an extra bedroom could be added for visitors. If you’re thinking of converting your garage to a home office installing bifold doors would flood the room with light.
Update Your Central Heating and Insulate
Ensuring your home is environmentally friendly will become increasingly important in the future. If your boiler is over 15 years old, you should consider replacing it. At the same time, it’s worth considering updating your whole heating system. Old pipework and radiators can be inefficient so you could save energy by updating these. Plus, by insulating your loft and walls you waste less heat and save money on bills too.
Open Up Your Living Space
When planning to update your kitchen consider whether it’s possible to embrace open plan living. A combined kitchen diner will add more value to your home than an updated kitchen on its own. If you can extend like this, it’s a great idea to install skypod roof lanterns or bifold doors. Having large open plan light rooms is a key selling point to your home and makes them healthier places to live.
Tidy Up Your Garden
Outside space is high on the list for potential buyers. So having a well looked after garden is important to the value of your property. If you don’t enjoy gardening, you could consider working with a professional to help you with maintenance. Having a living space that links to the outside space is very desirable. If you can, install bifold doors to create a wow factor and add value.
Maintaining your property can feel like a chore but improving small details improves the value of your home. From repairing creaking gates to removing flaking paint, these minor improvements can make a big difference. Ensuring your guttering and outside drainage working perfectly is very important. Making your home safe from water damage is the best way to protect the value of your home.