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Increasing the value of your property is a good way to go further with your investment. Even if the prices of houses in the area increases naturally as it develops, renovating and improving your home will significantly increase the value of your home. Between improving the aesthetics of your home and increasing its value, at House Method we would like to share with you our top 7 tips to help you go further with your investment:
1. Keep Your Home in Tip Top Condition
Deep clean your house on a regular basis, get rid of any damp and mold, and fix any problems as they arise. Doing so will help you keep your home in tip-top condition and also help you spread out the maintenance costs. In return, you will not have to heavily negotiate on the price of your house when you want to sell it. If you don’t fix a small problem early, it could become a big issue that will need costly repairs.
2. Consider Installing and Nurturing Front and Rear Gardens
Front and rear gardens make a property look more beautiful and about 1 in every 5 buyers wants a property that has a front and rear garden. As a bonus, you will have a project that will help you keep fit, make your home more beautiful, give you a lovely place to sit, and connects you with nature.
Tip: Nowadays, many people like living more sustainably. A beautiful garden is a good way to start such a life as it provides fresh air even if a house is in the density of a city. However, if you would like to attract these buyers, invest in a kitchen garden. Choose something that can be easily maintained such as a wall of herbs. This can help make your home more marketable to buyers.
3. Add Character Features to Your Property
In most cases, beautiful character features are removed. Consider adding the features by changing lighting fixtures and fittings to options you find quirky or characterful, replacing flooring to incorporate hardwood, adding moldings, beams, and log burner or open fire. These character features will make your property more beautiful and can become a true selling point when you want to sell your property. The features will make your property unique and more marketable to buyers hence helping you sell your home quickly.
4. Improve the Energy Efficiency of Your Home
Improving the energy efficiency of your home is one of the best ways to increase the sale price of your property. You can achieve this by replacing windows that aren’t double glazed or replacing old double-glazed windows (double glazing usually loses its efficiency as time goes by), insulating your home and changing the main doors to make them better sealed, or investing in a new heating system that is energy efficient. Doing these changes early can lower your utility costs and increase the value of your home.
5. Add a Bedroom to Your Home
Adding a bedroom will instantly add value to your property. a two-bedroom house will never sell for as much as a three-bedroom house. You can convert a sizeable loft into an extra bedroom. Adding an ensuite can produce better results.
Tip: Adding a playroom or home office can be as lucrative as adding an extra bedroom. The good thing is that this can be done at a cheaper price. Add a rear extension to your property and use that extra space to make room for a child-friendly zone or a downstairs office. These two options appeal to parents and working professionals considering the fact that remote working has been on the rise.
6. Renovate the Bathrooms
Modern bathrooms look beautiful and feel like a spa. They can also increase the value of your home. Bathroom remodels are among the top renovations that homeowners and buyers want done for their property. Materials and new technology are better than ever when it comes to ensuring that a room is sealed and keep your home damp free.
7. Renovate the Kitchen
Since kitchen styles are always evolving, you may find that the kitchen you found when you bought the house is not to your tastes or standards. When renovating your kitchen, consider timelessness so that the value of your kitchen is in line with the value of your property. A successful kitchen renovation can significantly increase the value of your home. However, stay within your budget when renovating your kitchen so that you can see the value back. Don’t spend more money on your kitchen renovation project than you will make back.
