6 Home Improvements That Add Value To Your Property
Before investing in any home improvement project, you need to know the return. This is especially important when you are looking to sell your property. How then do you tell the right projects to spend cash on? Here are some 6 home improvement projects that are guaranteed to give you a good return on your investment when you put your home up for sale:
Extra bathroom. Introducing an extra bathroom can increase the value of your home by up to five percent for an average home. This is especially because of the demand in ensuites by buyers that are looking for simplicity and comfort. Even then, you need to be cautious so that you don’t go overboard especially when it comes to taps and tiles. Instead, focus on quality as opposed to luxury. Instead, find out what appeals to buyers in your area so that you don’t make decisions on the basis of your personal taste.
Extension. Increasing the square footage of your home will definitely boost the value of your home. Whether you are adding a double extension for additional bedrooms or the dining or kitchen area with a single-storey extension that doesn’t require planning permission, extensions will give you a good return.
Conservatory. Introducing a conservatory will definitely increase the value of your home. Even then, you need to ensure it is built with the right material. Investing in high quality materials will pay off. A conservatory that is built using cheap uPVC will deter buyers instead. You also need to provide a lot of light.Keep in mind that gardens also contribute to the value of your property therefore, there must be a balance between minimizing your outdoor space and adding an extra room. The most ideal scenario is having a conservatory that acts as a segue between the outdoors and indoors. A well-done conservatory will usually boost the value of your property by up to five percent.
Extra bedroom. Creating an extra bedroom from a loft conversion will certainly give you a good return for your money and even contribute to selling your house fast. The cost of this would vary based on the size among other variables. For instance, some properties may have some room for repositioning without an extension. Ultimately, adding an extra bedroom to your property will definitely pay off.You only need to make sure that you budget according to the value and size of your house.
Open-plan living area. According to experts, many house hunters are still showing interest in open plan living with simple and practical spaces. Most of the house hunters are interested in a usable spacewith an open plan kitchen and a dining room becoming popular. An open plan kitchen would usually add the value of property by at least six percent.
Change your kitchen countertop. The kitchen is king as most buyers still focus on it to make a purchase decision. Therefore, you could consider small investments like introducing a new countertop as well as flooring that inject a fresh and coordinated look. You can set it off by applying a fresh coat of paint to the walls as well as cabinets effectively breathing new life into the kitchen. This will make it more inviting for buyers and you can be sure to find a buyer for your home fast and for a good price.
Before taking on some of these home improvement projects ahead of a house sale, make sure that you have a good understanding of the property market and whatprospective buyers are looking for. This is a great step particularly when you want to sell your house fast and for a good price. Therefore, do not hesitate to talk to property experts in your area to get insight into property market trends in your area.