Houses, flats and bungalows aren’t just buildings to live in. They’re also stores of significant value. When you buy a home, whatever its shape may be, you’re also tying your wealth to the building. Often, it’s possible to invest more money into improving the building, and get a return in value that far exceeds that investment.
Let’s look at a few changes that might appeal to many homeowners.
Enhance Energy Efficiency
If you can make your home more energy efficient, then you’ll not only slash your costs going forward – but you’ll also slash the costs faced by those who might wish to buy the property.
The most effective upgrades are loft insulation and double-glazed windows. But the simple addition of a smart thermostat can often slash your energy bills, while making the property more comfortable.
Getting the energy performance of the property independently verified, with the help of an Energy Performance Certificate, can often drive up the value significantly. A home that’s rated ‘A’ will be substantially more valuable than a similar home that’s rated ‘D’.
Upgrade the Kitchen Space
Among the most important rooms in any given home is the kitchen. The investment in a few choice upgrades, like efficient appliances and granite countertops, can often pay for itself. Changing the layout of the kitchen, integrating an island, and combining it with the dining area, can all be effective ways to renovate. But even small changes, like the installation of a new boiling-water tap, or repainted cabinet doors, can be effective.
It’s important to note that the right renovation will yield an uptick in value only when the changes are a good fit for the property. When it comes to asking price, you will usually get diminishing returns when you install a high-end kitchen into a mid-range property.
Install Fitted Storage Solutions
The more space inside a home, the better. But this doesn’t just mean considering the footprint of the building in square meters. You’ll also want to think about reducing clutter, and making good use of the space that’s already available. Fitted storage solutions, including made-to-measure wardrobes, can help you to find places to store things, without compromising on the space’s aesthetic appeal. They also, in most cases, have the advantage of being beautiful.
Boost Kerb Appeal
First impressions often count for a great deal. This applies to the process of selling a home, too. You can often drive up the value by concentrating on your property’s ‘kerb appeal’. Repaint the front door, or install a new one; lay a new driveway; invest in a plaque with your house number on it. These measures will help to set the right tone when buyers come to view your house.
