Wednesday, January 13, 2021

How to add value to your home - 5 Tips

 

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When the time comes to sell your property, you’ll want to get a great return on your investment. Before you put your house on the market, there are plenty of renovations that you can make, to add value, and increase your earnings. To give you a few starting ideas consider these five renovations.


1. Consider a solar roof


Modern homeowners prioritize eco-friendly fixtures and fittings, which is why a solar roof is a great way to add value to your property. When you invest in solar roofing panels, you could stand to increase value by around 4%. Solar panels are made with photovoltaic cells, these cells draw energy from the sun, and convert it into electricity. Choosing solar energy for your home is a great way to reduce your energy bills.


2. Choose triple glazing 


There are many advantages to choosing triple glazed windows for your home. With triple glazed windows, you’ll enhance security, save energy, and retain heat. Triple glazed windows are also useful for noise reduction when compared to other types of windows. Investing in these types of windows can help you to boost your home’s value by around 10%. 


3. Renovate your kitchen


Kitchens are no longer just a functional space for cooking, we increasingly use these spaces to entertain and socialize. When you’re tackling a kitchen renovation there are plenty of trendy features that will help you to increase the value. Try kitchen islands, farmhouse sinks, or bi-fold doors that look out over your garden. Modern kitchens are usually minimal, with plenty of compact spaces for storage. There are plenty of ways you can update your home and add value at the same time.


4 . Build a conservatory 


Building a conservatory is a great way to add value to your property while creating a new space for relaxation and leisure. There are several different types of conservatories that you can choose from, including Victorian, Edwardian, or a Mediterranean Sun-Room. According to research by Seh Bac, ‘a well-built conservatory could increase your home’s value by at least 5%.’


5. Add a garden office 


With an increasing number of people working from home, garden offices are becoming more desirable. These are small stand-alone buildings that are constructed in your garden. Garden buildings share similarities with summer houses, though they are purpose-built as an office space. Whether it’s a loft conversion or utilizing your basement, anyway that you can extend your living space can help you to add value to your property.


Adding value to your home is a long-term project which can help you to see a higher ROI when you sell. Before you put your house on the market it’s important to discuss the value of your home with a good realtor. A professional realtor can help you to find out what exactly it will go for, and then set the price accordingly.


When you are making new renovations to your home, it’s advisable to keep the color schemes and the decor neutral. Minimal decor can help potential buyers to imagine themselves and their possessions in the space.

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