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Renovations That Increase the Value of Your Property

One surefire way to increase the value of your property is to renovate and add more space with a conversion or extension.

When you select the right improvement projects, you can get a substantial and impressive return on investment while making the property more appealing and enjoyable to live in.

Let’s take a look at some value-boosting projects that can make you more money than you spent in the first place.

Loft Conversions

New, extra space is a guaranteed winner when you’re trying to upgrade the value of your home. Loft conversions can deliver an extra bedroom, home office, yoga studio, or whatever other space you require. This can eliminate the need to move if your family grows or if you open a home-based business and need room for an office. Although not a quick and simple project, a well-done loft conversion can increase the property’s sale price by a considerable amount.

Build a Conservatory

Conservatories are bright and attractive home extensions that both enlarge your living space and substantially increase the resale value of the property by adding more light and making it possible to enjoy your garden in the winter. They are also more cost-effective than a traditional extension, which is a big plus when you’re on a  limited budget.

Garden Improvements

Few things add curb appeal to a home like a beautifully maintained garden. Clearing out unruly weeds and dead plants and planting new, vibrant foliage can lead to a higher market price or, if you are a landlord, a improved garden can help you to find tenants who are willing to pay premium rent. You could also consider hard paving areas, or decking to add extra appeal and value.

 

Structural Defects Insurance

Bathroom Refurbishment

Refurbishing your bathroom is one of the top ways to add value to your property. Bathroom styles can and do become outdated and, being one of the most used rooms in a home, can quickly show signs of wear. Replacing the light fittings, installing new taps, and putting in a sleek new shower will all yield impressive results.

Adding Window Shutters

Shutters will add a sleek and modern look to your home without depleting your renovation budget. Remove fading curtains and cracked blinds and replace them with something more visually appealing, such as waterproof ABS shutters, which are long-lasting and easy to keep in prime condition.

Kitchen Refurbishments

When a prospective buyer tours a home, the kitchen is one of the spaces that they pay the most attention to. If it has outdated appliances and a drab, closed-in feel, they’ll likely look elsewhere. Take the time and spend the money to bring your kitchen up to date, and you’ll definitely notice a difference when it comes time to sell.

Before embarking on any home renovation project, you want to give serious thought to which ones will give you the best return on investment given your budget and the layout of the property. A spacious home may only need a kitchen or bathroom upgrade to make it more appealing while a tighter floor plan would be better served with a space-enhancing project such as a conservatory or a loft conversion or an extension. Know your home’s weaknesses, study the market, and proceed accordingly.

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