It doesn’t matter if you view your property as a stepping-stone or a forever home; increasing its value is an intelligent decision. Various home improvements will improve your comfort and the property’s aesthetic appeal while helping you receive a large return on your investment.
It makes sense you will not want to spend money unnecessarily on projects that provide little benefit or profit. Here are four improvements likely to add value to your home.
1. Improve Your Energy Performance Rating
Every UK home will receive a rating on its Energy Performance Certificate (EPC) when placing it on the market. It indicates to potential buyers if the property adheres to modern building standards and provides an insight into how much money it will cost to heat the home.
Various eco home solutions could improve your home’s energy efficiency while transforming its comfort and lowering your monthly bills. For example, you could upgrade a boiler, add loft or wall insulation, install double glazing, replace light bulbs, and introduce eco-friendly appliances.
2. Update Your Bathroom
A worn or outdated bathroom will lower your property’s value. Transforming the room into a more luxurious space will increase its sales price and likely provide a bigger return when placed back on the market.
Updating a bathroom isn’t cheap, but you can lower your expenditure by sticking with the same layout but changing your bathroom furniture, tiling, flooring, and decorative accents. Also, slash the cost by purchasing a bathroom suite over individual pieces without sacrificing quality or style.
3. Convert Your Garage
Unless you use a garage to store your car or another vehicle safely, you would be smart to convert it into an additional living space. Like many homeowners, rather than storing items you don’t want or need in a garage, make better use of the square footage by turning it into an extra living room, guest bedroom, playroom, or a bigger kitchen.
Of course, you must hire a reputable builder to comply with various building regulations. Also, contacting your local planning authority is important, as you may need to secure planning permission before a conversion.
4. Improve Your Home’s Kerb Appeal
Sellers underestimate the importance of kerb appeal when selling their home, but it could add 10% to their home’s overall value. After all, an attractive exterior could encourage buyers to browse through your listing, organise a property viewing, and form a positive first impression when they arrive at your home.
Transform your property’s kerb appeal by:
- Pressure washing your exterior walls, driveway, and patio
- Installing new paving or decking
- Mowing your lawn
- Planting colourful plants and flowers
- Removing rubbish and clutter
- Giving walls and fences a fresh lick of paint
- Adding stylish outdoor lighting
- Trimming shrubs and hedges
- Sweeping leaves
Don’t lose out on hundreds or thousands of pounds when placing your current address back on the market. Make the above changes to increase its value and enjoy greater financial security in your new home.