Do you feel as though your property isn’t quite as valuable as it could be? If so then now is the time for you to do something about that. By taking action now, you can make sure that your home stays profitable, for when you decide to sell.
A new kitchen is one of the most common improvements that is carried out by homeowners. Kitchens tend to generate up to 25% ROI as well. It could be worth trying to combine the dining room with the kitchen too, because if you can do this then you will soon find it easier to create a convenient and attractive space. Having a new kitchen put in is a very big job, and you may also find that you end up having to do some work on the side as well. You will have to pay out for plumbing, gas supplies and any construction work too. If you want to do something about this then make sure that you hire a reputable company as they will be able to work with you to get the result you’re going for.
Add an Extension
If you feel as though your family is outgrowing the space you have then you may be tempted to move. With that being said, this is not always the best solution. Adding an extension could easily be a worthwhile option. The bigger the extension, the more value you can expect to add, so make sure that you give this some thought. If you are not able to add to your home with an extension then building a summerhouse or even an office pod could be the way to go.
Converting a Garage
If you haven’t got the money to extend then another option would be for you to convert your garage. If you can do this into an office or if you can convert your loft then this will free up a lot of room. It’s worth considering whether or not there is a practical need for the space you are converting. With all options considered, a garage conversion is one of the cheapest for you to go with.
Make it Energy-Efficient
All homes are now rated for energy efficiency. When selling, you need to do something that will make your home attractive to buyers. Consider installing a new boiler or even think about insulating your loft or walls. Bear in mind that if you need to fit double-glazed windows and doors, as this comes with the added benefit of being able to improve the overall aesthetic look of your space.
So as you can see, upgrading your space is very easy to do and if you follow this guide, then you will be able to add value while not breaking the bank. If you want to take more steps then you need to look at what other property owners are doing, so you can find out what has added value to their property and what hasn’t. Keep this in mind going forward.
