As the old saying goes, ‘your home is your castle’, which is why you’ll want to do everything you can to protect it. For most families, their home is their main assets, so it’s important to ensure that it retains its value over time. What’s more – you can increase the value of your property by making a variety of modifications.
If you’re eager to enhance your living space and you want to grow your investment, take a look at the ways you can add real value to your home:
Construct a Loft Conversion
An attic conversion is a great way to maximize functional space in your home but it can also add a considerable amount of value to any property. When you turn your attic into another bedroom, for example, or create an extra storey, it can add tens of thousands of pounds to the resale price. Furthermore, loft conversions can be completed relatively quickly, so it’s an efficient way of securing more space and boosting the value of your property
Enhance Kerb Appeal
Improving your property’s kerb appeal won’t just make it look more pleasing to the eye, it can add real value to your home as well. From exterior painting and replacement driveways to outside lighting and garden maintenance, there are numerous ways to enhance kerb appeal. While your interior design can have an impact on house price, it’s kerb appeal that can have the biggest impact on what your property is worth.
Add an Extension
Increasing the amount of living space available is virtually guaranteed to add value to a property. Whether you opt for a wraparound extension to create more space downstairs or you choose a two-storey addition to extend your home even further, you can drastically increase its value. Although many people dread the idea of having building work undertaken while they’re living in a property, the value you’ll gain certainly outweighs any inconvenience.
Get a Structural Survey
Potential buyers will almost always have a structural survey undertaken before they agree to buy a property. You can get ahead of the game by having your own survey carried out. Once you know if there are any structural issues present, you can arrange for repairs to be carried out. This enables you to safeguard your property and protect its value. Indeed, selling a property with structural issues typically means you’ll get far less than the average market value, so it can be well worth funding these repairs yourself before you decide to sell.
Replace Your Kitchen
A new kitchen can be a great way to add value to your property. Replacing old appliances, maximizing space, adding storage and updating the colour scheme will help you to gain more enjoyment for your home and boost its value if you decide to put your home on the market.
Before making any changes to your home it’s important to consider two things. Firstly, will the proposed changes enhance your living environment and, secondly, what will they do to the value of the property? By finding the right balance between enhancing your environment and protecting the value of your home, you can determine which modifications you want to move forward with.