Your home is the biggest asset you will ever own so why not make it the best it can be. Here are the top ways to add the maximum value to your home ever. So when it comes to selling later down the road, you can reap all the financial reward.
Look to the skies
If space allows a loft conversion is one of the most cost effective ways to add more square meters and pound signs to your home. According to Nationwide, a loft conversion which added an extra bedroom and en-suite bathroom would add an average of 21% to the value of a property. In London this could reach even higher to another 24.5%.
Spruce up the most used room in the house
Kitchens sell houses so it’s worth updating yours. Rip out tired old units, invest in good quality worktops, carefully choose paint colours to maximise light and interest, don’t forget plenty of storage. Make sure there is seamless access between the three power points of the kitchen; the sink, fridge and cooker.
Size matters
If you can extend out, up or down it’s worth the investment. Increasing square footage will always increase value. A side return extension or glass box to enlarge the kitchen is one of the most popular home renovations there is. A well designed conservatory can add 5% to your property; a good extension 10%.
Bling up the bathroom
Simple changes make a difference and won’t break the bank. Try new taps, some decorative tiles or wallpaper, a power shower, a new glass screen. A new bathroom can add around 3% to the value of your home.
Make your home energy efficient
It’s not the most sexy of jobs, but it will add value and save you money in the long run. Insulate as much as you can, consider smart meters and solar panels. An Eco-friendly house can fetch up to 6% more than a standard one.
Quick and easy improvements
Short on time or funds? Try the below.
- Paint exterior woodwork.
- Repair windows and doors
- Paint old kitchen units and add a new worktop
- Tidy and organise the garden space
- Repair, paint or re-carpet stairs and broken balustrades
- Add new light fittings.
- Repaint tired rooms.
- Tackle any damp issues.
- Add storage.
- Upgrade the flooring with wood or new carpets.
Looking for a new home to put your stamp on - or want some advice on how to maximise value when it comes to selling? Come to us for expert 5* advice.