Added value through renovations: modern-day wins for your home
If recent news reports are to be believed, fewer people are moving home. Instead, many are opting to remain in their current property and invest in various renovations in a bid to boost its value.
Unfortunately, not all renovations are equal. Some will work wonders for your home, while others will of course benefit it, but at an immense cost to your pocket. In other words, they don’t increase the value anywhere near as much as you initially paid.
Through today’s guide we will now take a look at some of the best alterations you can make to your home, if you are looking to boost its value.
Replace the conservatory
Once upon a time conservatories were one of the best additions you could make to a home. Now, things are changing.
Homeowners have started to realise that these rooms are a nightmare from a heating and cooling perspective; the large amount of glazing means that they get too hot in the summer, and too cold in the winter.
This is where orangeries have entered the picture. These are a little more premium than conservatories, and, as Orangeries UK explain, include less glazing which has a significant advantage from an energy-saving perspective.
Convert the garage
For some of us, true extensions of our home just aren’t possible. In some areas, space comes at a real premium and this is where you need to think outside the box somewhat.
Over the last few years we have become used to garages not being used for their original purpose of storing vehicles. If yours falls into this category, it may present a great opportunity to convert it into a value-boosting room such as an additional bedroom.
An easier win: kerb appeal
So far, we have looked at some alterations which will add significant sums of money onto your home – but at quite a heavy initial investment.
This is where you sometimes need to think outside the box a little. Kerb appeal is the buzzword on the tip of a lot of tongues nowadays. In simple terms, it refers to the first impressions someone gets as they stride up to your home.
You can boost it by tidying up your garden, painting your front door or anything else which benefits the front exterior.
Sure, it’s not going to add tens of thousands onto your value – but it might just spike the asking price a little more and make you a tidier profit.
Let there be light
If you’re on a budget, this final tip involves just a lick of paint. Light houses look bigger – so painting in a lighter shade is an easy win.
For those of you who are able to spend a little more, consider adding extra skylights or redesigning your home to allow more light to flood through. This will immediately create the illusion that it is bigger than it really is – whilst also giving you a lot more options for arranging and using your rooms now that you have extra natural light to play with.