Best Renovations that Will Increase Your Property Value for an Easy Sale
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When you are planning to invest money in a home makeover, it is essential to choose projects that will add substantial value to your property. Some renovation projects like a kitchen or bathroom renovation, a loft conversion and heating system replacement will not only improve your curb appeal, they will also boost the home’s value without necessarily costing you a fortune or being heavily disruptive.
To help you get started, we have listed some of the best value-adding projects that will also increase the aesthetic value of your home.
1. Correct Any Structural Problems
The most important way to boost the value of your home is to correct all the structural problems. If your home was built decades ago or you’ve observed that some sections of the house seem to be caving in, you need to take immediate steps to correct the problem. You should not spend money on any internal work or aesthetic improvements such as a bathroom or kitchen renovation until you’ve done this.
Remember that anyone who wants to buy your home will hire a professional inspector to check the home for structural defects. So while the modern kitchen or bathroom are great features to have in your home, no serious buyer will decide to buy a home that has problems such as a leaking roof, cracked walls, collapsed floor, or insect infestation. To be sure that your home is free of structural defects, you need to consult a professional building inspector or structural engineer before committing to any further work.
2. Improve Your Landscape and Curb Appeal
The curb appeal of your property creates a powerful first impression on anyone interested in buying it. It’s the first thing buyers will see from the street. So ensure that you add a fresh coat of paint to the external walls and doors. Let the driveway be properly paved and the lawn well-trimmed. If you love gardening, you can consider planting some drought-tolerant varieties. You can also place potted plants at your entrance and add some attractive furniture to create a nice place for outdoor relaxation.
3. Do a Quick Bathroom Upgrade
Renovating your bathroom is still one of the best ways to add substantial value to your home. You need to put in some effort to plan your upgrade. Choose high-quality construction materials, make it eco-friendly, and look into the most recent trends and ideas. Here are some possibilities for creating a modern and elegant bathroom:
* Think small: Choose a small toilet so you can have more space for other fixtures like your bathtub, shower, and vanity.
* Use stylish tiles: Add tiles with matte finishes to other features like brass or gold faucets.
* Add color: Instead of traditional white, experiment with blues, metallic shades or some daring pastels, like pink.
* Install a beautiful lighting fixture: Change your bland lighting fixture to an attractive chandelier.
4. Update the Heating System
Take a look at your home’s central heating system. If it is old and outdated, you can replace it to increase your home’s value. Many old homes don’t have a central heating system, so installing one will be a great idea. If you have one, you can keep the boiler if it is in good working order and it has sufficient output to meet your home’s heat requirements. You may also add new radiators and underfloor heating to your existing system. While you plan for a total replacement or major upgrade, you should also work on improving the energy efficiency of your home. To improve energy efficiency, you need to:
* seal drafts around your windows and doors
* install double glazed windows to replace old damaged ones
* add extra insulation to your loft and basement spaces (or any other areas that require replacement).
5. Upgrade Your Kitchen
A beautiful, clean and inviting kitchen always tops the list of important features for most home buyers. Your kitchen makeover can include the following:
* repainting the walls
* replacing the countertops
* changing the sinks and faucets
* replacing tiles
* upgrading appliances.
You can also make major structural changes to the kitchen. But you must consider the shape, size, and position before doing this. Your makeover may be carried out in phases. You may start with modest changes like repainting the walls and kitchen cabinets and then move on to more expensive projects like replacing the countertops.
6. Install New Windows
Homes with double-glazed windows attract higher prices and they are considered an essential feature because they offer greater energy efficiency and protection from ultraviolet rays. Before you replace the windows of an old building, you need to take a close look at the design and style of the house. Preferably, you should replace windows with new ones of a similar design. However, the new windows will have to be double-glazed to comply with current local and state building regulations.
7. Renovate Your Basement
If your basement is not performing any significant function at the moment, you should consider utilizing the space effectively. This space can serve as a children’s playroom, a media room, a home office, or a game room. You can also remodel it into a guest room. When you are renovating your basement, ensure that you have good lighting and you keep it as open as possible.
8. Add a Deck
If you add a deck to your home, you will recoup at least 80% of its value when you want to sell the house. Take time to plan the deck with a professional and ensure that you get the necessary permits from your local building regulators before you start. Use the best materials you can afford to build your deck so it will still look attractive and durable when it’s time to sell your home.
Adding value to your home is not a difficult task. While you may need to invest a significant amount of money to get a high increase in value, a number of these projects can be completed at a reasonable cost and they are guaranteed to enhance the value of your home when you need to sell it.