Adding Value To Your HomeWhich Renovations Are Most Worthwhile?

If you’re looking to sell your home in the future, you might be considering how you can make sure you get the best possible price. There are several ways that you can do this and choosing the right estate agent to help you on your journey can help. However, a big part of the value of your home will be how it is presented and what it offers any potential buyers. It could be worth investigating what renovations you could carry out in your home to help boost its value.

 

Should I Be Carrying Out Renovations?

If you want to decorate or renovate your home to your personal preference then that is up to you, however, if you’re doing it purely to add value then you need to consider the ceiling price for your property. If houses on your street sell for a maximum price, then it doesn’t matter how much you spend improving your home it is unlikely yours will sell for much more than this. If you’re close to the maximum value for your property already and it is unlikely that extensive renovations will add much to the value, then you need to consider if it is worth it.

 

 

Do Some Research

Before you commit to a major renovation project make sure you do some research. Have a look at how much a renovation will cost you and whether it is going to improve the value of your home enough. For example in North East England, adding an en-suite bathroom would add less than £2000 to the property’s value – so is it worth the investment? All of our estate agents would be happy to talk you through your options & help give you advice on what would be best in your current circumstances.

📸 : @sandstone_and_sawdust

Room Conversions

Popular ways to extend your house and add value at the same time is to convert a loft or garage. Depending on where you live, this could add up to 20% onto the value of your property. It is worth getting quotes on how much the work will cost to take place that way you can weigh up whether having the work carried out will be of any benefit.

Upgrading Your Kitchen or Bathroom

We spend lots of time in the kitchen, especially if we have one that is big enough for people to spend time in when we’re entertaining. You want the kitchen to look great in any photos so considering a kitchen refit, new flooring or even just new worktops and cupboard doors is well worthwhile. There are different ways to improve your kitchen depending on your budget, but they’re most certainly worth looking into.

If you have the option of adding an en-suite bathroom to any of the bedrooms this could be an option. Otherwise, you can look at how you can make your existing bathroom more luxurious – under-floor heating or a rain shower for example.

The Outside of Your Home

When people come to view your house the first thing they’ll see is the outside of your property – and we all know first impressions count. Now, perhaps more than ever, people are considering the advantages outdoor space can give them –so it is worth investing in making sure your garden, or any outside space you have is as perfect as possible.

One of the best ways to improve the value of your home using your garden is to consider people’s privacy and security. Consider fitting new walls, fences, or even tall plants to give people a sense of privacy in the garden. 

Think about what people might use this outdoor space for. Do you have room to lawn part of the garden? Could you consider a decking area? What lighting options do you have so people can sit out late in the evening without having to worry about it being too dark?

📸 : @sandstone_and_sawdust
📸 : @sandstone_and_sawdust

Improve the Energy Efficiency of Your Home

In order to sell your home, you will need a valid Energy Performance Certificate, which means your property will need to have been assessed in the last 10 years. This certificate gives your property an energy efficiency rating and having the best possible rating can help generate interest in a property.

There are different ways you can improve the energy efficiency of a property. Cost-effective options include new wall insulation or draught-proofing rooms. If you have a little more budget to work with then you could look at new double glazing or have a new high-grade boiler installed. As with any other renovations, you should look into the cost of these and whether they’re worth it if you’re not staying in your property long-term and are just looking to improve its value.

Selling Your Home

When it comes to selling your home, you want people to be able to picture what their new life would be like living there. By carrying out renovations and improvements to your property you can help showcase it in the best possible way – and help to make sure that you sell for the best possible price. We’re on hand to help if you want some advice on the best way to do this for your current property so please do get in touch.