10 Valuable Tips For Adding Value To Your Home
10 Valuable Tips For Adding Value To Your Home
You just bought your first home and are wishing to breathe new life into it. Or maybe you are looking to sell your current home but aren’t convinced that it will fetch the right price without some improvement. Either way, consider investing in these 10 home improvement projects in order to add value to your property:
1. Update the bathroom
Bathroom remodeling is a great way to spruce your home and add value. Give the bathroom a clean and fresh look by updating the lighting, installing new tiles, adding shelves and mirrors, refitting your bathtub, or adding a double shower enclosure. Bathroom remodeling in Sacramento gives you endless remodel choices for any budget.
2. Update flooring
Replace your old vinyl floors but if, besides being butt ugly, they are in a good physical condition, give them a fresh coat of paint. If you just bought the house, consider redoing the floor to match your style and elevate the synthetic appeal of your living spaces.
3. Update the kitchen
Kitchens are known to have the most appealing ROI compared to all other parts of a home. So, start by repainting the cabinets or remove them if they are outdated. Replace old appliances. Add modern tiles or vinyl, a backsplash, and other accessories.
4. Convert your garage
Convert your garage into a living space if your driveway is safe for parking. Check with local building and planning authorities to confirm if it is legal or appropriate to commence the conversion. Such a project is categorized as permitted development and for that, it might necessitate planning permission.
5. Paint the interior
Hire a painter or do the paint job yourself. Anyone can do it. Just get your sprayers and other standard painting supplies and you will be on your way. If you aren’t sure the colors to go for, maybe it is best to consult a specialist or other homeowners in your neighborhoods. If the home is furnished, remember to cover your furniture and move your other valuables away from the wall to prevent them from splashing paint.
6. Basement extension
Basement extensions rank alongside garage conversion. You might need approval from local authorities. Also note that basements have a bad reputation for being dark, damp and cramped. You have to get your extension right, especially bringing in sufficient natural light, if you are to get any meaningful value from your investment, or risk pumping your money down the drain.
7. Upgrade interior doors
Pressure-wash the interior doors. Replace your outdated interior door slabs. Give them a fresh coat of paint.
8. Landscaping
Plant native trees and shrubs strategically around the home for three reasons: To boost the home’s curb appeal, to purify air around the compound, and to reduce energy costs. The three factors will greatly raise your home’s value.
9. Loft conversion
Add an extra bedroom with an en suite bathroom. You can do that easily with a loft conversion. Before converting your loft, however, it is imperative that you consult an architect or builder to understand which types of conversions are appropriate for your property. Note that this conversion needs an enormous amount of structural work and a budget to match. Confirm from local listings if loft conversions are worthy investments if you want to sell the home. You don’t need to do that if you are renovating the home for your own comfort.
10. Redo the floor plan
Knock down some walls to create a more open design. For example, most old homes have walls separating the kitchen, dining, and living areas. You may need to remove such walls for a modern look, and to make it appealing to millennial buyers.
Conclusion
Honorable mention: If you are targeting millennial buyers, you will need to update the technology around your home. Invest in smart lighting and other security features. Add a home office for millennials who work from home.
When renovating your home, however, it helps to note that not all parts of your property are worth renovating. Just focus on the parts that potential buyers are likely to focus on. Also, always remember that every property has its ceiling price depending on age and location. Ensure that the investment you put into the property does not exceed the ceiling price to avoid losses. You should also confirm if your planned renovation requires a building application notice to avoid getting yourself in trouble with your neighbors and local authorities.
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