There are loads of great ways to add value to your home. Whether you are looking to invest in your home for years to come or plan on selling and want to maximise that return on investment, here are some top ideas for boosting your home’s monetary value:
- Heating
Has it been a good few decades since the heating system was updated? For older homes, adding a central heating system or updating one for newer ones is a great way to make your home more attractive and comfortable! Even better if this is done at the same time as making the whole property more efficient by sealing gaps, installing double glazing and adding insulation.
- Replumbing & Rewiring
Updating your plumbing and electrics is another way to add value and bring an older home firmly into the 21st century. This can be a fairly intrusive process so it;s best to save any cosmetic work until after this has been done.
- Loft Conversion
Space is definitely a premium commodity for the modern family and a loft conversion can be an invaluable additional living space. A loft conversion is typically cheaper than an extension, although you will need to factor in space for a staircase. It can add more than £20,000 to the value of a property.
- Garden Makeover
A lot of focus is placed on the property but a well-designed and cared for garden can also add significant value to a home. Privacy is a desirable factor, so consider cleverly placed fences, mature trees and hedges. Decking is hugely popular as it adds living space outside and a garden with distinct areas for different activities is very attractive to buyers.
- Outbuildings
Whether you’re considering a home office or a stunning oak carport, useful outbuildings that provide a valuable function are highly sought after features. Find out more about the benefits of Oak Framed Extensions at a site like https://www.timberpride.co.uk/timber-oak-framed-extension/
- Exterior Care
Addressing issues on the outside of the property can vastly improve curb appeal as well as adding value. These could include tasks like repainting doors and fencing, replacing an old garage door, repointing brickwork and tidying up the garden.
- A Conservatory
Conservatories that are well designed and flow well in their positioning on the property can add much value than they cost. They don’t require planning permission but should meet building regulations. A poor or flimsy design will decrease value so if you’re going down this route, think carefully about what you choose and who you choose to install it.
- Restoring original features
Older homes with unique original features would do well to reveal those features in all their glory. Restoring features like fireplaces, polished wood floors, handrails and bannisters, oak beams and decorative moulding will add considerable value. Remove any later additions that sought to cover up traditional features, such as pine cladding, polystyrene ceiling tiles and fake beams. Restoring original features is now much more popular than attempts to modernise and cover up.