They say that home is where the heart is and that’s true. You spend the majority of your time at home, and it’s a place where you can work, relax and spend time with friends and family. You’ve spent lots of money purchasing your property and making it your own, so why not try to increase its value even further?
Whether you’re renovating or looking to update it before it’s home valuation and listing, this short guide takes you through the things you can do to increase its value.
Upgrade Your Central Heating System
Central heating systems are consistently being modernised to become more energy efficient. But, if you don’t have central heating, then this massively affects your property price. Likewise, if you have an outdated boiler, then this can devalue your property too not to mention turning off prospective buyers.
Upgrading a boiler that is more than 10 years old can be costly, but in the long can save a lot of money and add value to your property at the same time. And, you can add a modern-looking finished touch by boxing in your boiler.
Fix Any Structural Defects You May Have
Structural defects are one of the biggest issues that can negatively affect how much your property is worth. In fact, it can cause you to lose buyers when you’re selling because they will notice the defects and walk in the other direction. And, even if the defects don’t bother them too much, they’ll almost definitely want you to knock a chunk off of the price.
Structural defects can be small or large and range from having a cracked wall or a dangerous subsidence. In some cases, mortgage providers may not lend on properties that have serious structural defects, so it’s always worth getting them sorted before you put your house on the market.
Invest in Solar Panels
Who doesn’t want to generate their own power that pays for itself? While solar panels are quite expensive, they are a worthwhile investment to make in terms of adding value to your property.
To get the very most out of your solar panels, we recommend installing them on a property that you plan on living for at least 5 years. This way, you’ll earn back the initial investment.
Consider a Loft Conversion
Converting your loft is a great way of adding an extra floor to your property. Depending on how large your loft is will ultimately determine how much a conversion will cost. However, doing so can increase the value of your home by up to 20%.
Of course, a loft conversion is not for those who wish to live a quiet life while the work gets carried out. It will be destructive, noisy, invasive and is a home improvement that doesn’t come with a quick turnaround. However, if you find yourself short on space, there’s no better way of creating extra room within your home.
Add a Conservatory
Adding a conservatory is a relatively cheap way of adding a ground floor extension to your home. Most of the time, planning permission isn’t required, and pre-fabricated designs mean that they can be installed with little work.
However, that’s not to say that the design of a conservatory shouldn’t be thought about carefully. How practical one is can make a huge beneficial difference to your home. Adding a conservatory can help increase the value of your home by up to 10%.
Natural Light Can Make a Big Difference
Rooms with little daylight can be quite dull to be in. And, they say that lighting can make or break any room regardless of design and size. This is completely true.
Adding extra windows will not only make your rooms brighter, but they’ll also make them feel bigger than they actually are. While they won’t add much value to your property, they will give you property more light which is a big selling point.
Build a Summer House in Your Garden
Building a summer house is pretty much the equivalent of building an extension. You could build one to relax in or to use as a home working space. Providing that you get one built well, it will add space and value to your property.