If you’re looking to boost the value of your home, you need to make your renovation strategic. Not every renovation is going to add value, but every renovation is going to be valuable. And there’s a difference. One renovation will add money to your home’s value, and the other one will make sure it stands for as long as possible. Not only will a well thought out renovation boost your property value, but it will make sure that your overall living experience is a plus one.
For example, replacing old plumbing and looking into trenchless pipe repair is going to be valuable for you and save you money. Adding brand new plumbing in the form of a power shower or adding an extra bathroom is going to add monetary value to your house. Let’s take a look at some home renovations ideas that will add some real value to your home.
1. Upgrading your kitchen
Everybody knows that a kitchen upgrade is really going to be the renovation of choice. Firstly, the kitchen is considered to be the heart of the home for a good reason, and secondly, the kitchen is so used all of the time that it’s often the first room to require replacement. An updated kitchen adds substantial value to your property, and it’s a huge selling point. You can add modernised appliances with better and more energy efficient models. You could even choose to update the cabinetry with fresh finishes or fresh fixtures. Even the smallest updates, like replacing the splashback behind the sink or the oven can be everything that you need to add extra value.
2. Upgrading your bathroom
Generally, after the kitchen remodel comes the bathroom remodel, and for a good reason. Simple updates such as regrouting tiles don’t cost a lot of money. Replacing outdated fixtures doesn’t cost a lot of money. You can have a larger budget and go for a brand new vanity or upgrading your bathroom plumbing, and these will all add monetary value to your bathroom.
3. Converting the loft
To add some real money power to your home, converting your loft is a great idea. Making your loft a usable space rather than an attic and changing it to a bedroom, office or a playroom can improve your home’s value exponentially. This is a renovation that is popular because space is usually at a premium. You might not be able to move to a bigger house, but you might be able to improve the house that you’re in. Loft conversions, when they are well designed, are able to enhance the aesthetic appeal of your home and the value. If you go from a three bedroom home to a four bedroom purely from converting the loft, you get to market your home in an entirely different cost bracket.
4. Becoming more energy efficient
Some improvements aren’t always necessarily about adding cost value, but do so anyway. Energy costs are rising and so is growing environmental awareness. By making improvements such as upgrading your windows to double glazing or installing high quality insulation, you’ll be able to add value to your home and reduce your running costs. This makes your property way more appealing in the long run when it comes to your turn to sell.
5. Design a conservatory
By adding a Conservatory, you can create extra living space that’s well needed. You’ll also be able to provide a better, more versatile area for entertainment and relaxation. Not only is this a cost effective addition to your home and a great way to add some more value, it’s a valuable addition for while you’re still living there. When you plan for your Conservatory, you should make sure that it complements the style of your home, both inside and outside, and doesn’t compromise garden space. You’re looking to add value, not take it away. And if you encroach too much on the garden, you could actually decrease the value of your home.
6. Upgrade the plumbing
Every 15 to 20 years you should be upgrading the pipe work of your house. When was the last time your plumbing was updated? In fact, when was your plumbing installed? If you can’t answer either of those two questions, then there’s every chance that your plumbing is in desperate need of a replacement. Adding value and renovating your home by adding extra plumbing is going to make a huge difference to the value of your property.
7. Enhance your curb appeal
As you know, first impressions really do matter, and when it comes to attracting potential buyers, you want to have a fresh look at your home’s exterior. Stand outside the property and make a point of assessing it as if you were somebody looking to buy. Plant colourful flowers and trim the shrubs. You could even replace the front door or give it a good lick of paint to refresh it. It’s these small changes that can create something warm and inviting so that the atmosphere feels welcoming to visitors.
8. Create an open-plan space
It’s a popular trend for a good reason. Removing any non-structural walls will open up the space and improve the flow of the home and that will make it feel more modern and bigger. This is a layout that promotes a sense of togetherness and it allows for much more space. Whether you’re hosting gatherings or enjoying time with family, make sure that you consider the integrity of your home before you do anything.
9. Make it smarter
When you incorporate some features such as thermostats, lighting, and advanced security systems that all are based off of smart technology, you’ll add a modern touch to the house and make it more responsive. You’ll make the house more convenient, energy efficient, and offer Peace of Mind to anyone who chooses to buy it. This also makes your property far more appealing in a technology driven market.
Now that you have some home renovation ideas that add value, share your ideas!