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Friday, June 2, 2017

The Renovations That Will Add Value To Your Home

Image from pixabay

When most people move into a new house, there is usually a huge list of things that need to be changed, renovated, or improved. But when it comes to making home improvements, it’s important to remember one particular thing: what renovations will actually add value to your home?

Sure, you can change anything you like when it comes to making home improvements - it’s your house now, after all. But the reality is that you could be wasting money if you spend on things that people won’t care about when the time comes to sell up and move on.

With this in mind, here is a list of the key areas and improvements you can make that will add value, and turn your spending into an investment.

Image from pixabay

The kitchen

According to http://www.telegraph.co.uk/finance/property/buying-selling-moving, the vast majority of people look at the kitchen when they are deciding to buy a new house. And it’s not much o a surprise. After all, the kitchen is the hub of family life, and it is also expensive to replace. And the key thing to remember is that you don’t have to spend a fortune on the most magnificent kitchen out there - as long as it is clean, modern, and attractive, it will add value.

The bathroom

For obvious reasons, a good, clean, modern bathroom will add more value to your home than a dark, dirty, and dingy one. As you see from http://www.bathroomtakeaway.co.uk/bathroom-suites, a good bathroom suite should last you ten years or so, but when it comes to selling your home, you don’t really want to be at the end of this period. But again, you don’t have to spend a fortune. Don’t forget that your postcode is the biggest influence on your house price, so if you splurge £60,000 on a new bathroom, it won’t necessarily add the same amount of value to your home.

Image from pixabay

The living room

The living room is only recently becoming a major factor in people’s home buying decisions. Again, we shouldn’t be too surprised, as these days we spend a lot more time in the living room as families than we have at any other point in history. Space is necessary, of course, but so is shape - a living room where everyone can sit around and chat with each other is more appealing to buyers than something that is an odd shape, or that doesn’t feel relaxing.

A loft conversion

Loft conversions are not cheap and require significant investment. But when you consider that they could give you as much as an extra two bedrooms plus a bathroom, you can see how much it can bump up your home’s value. One thing to consider, however, is that if you invest in a loft conversion, you will also need to invest in alternative storage options around the home. Nothing turns off prospective buyers more than a house that lacks storage and is full of clutter. Hope this helps - feel free to share your thoughts!

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