For most of us, our homes are the most expensive purchases we’re ever likely to make. Even affordable properties are at least £100,000 more than we’re likely to spend on anything else. That’s a lot of money, and it’s an expense we weather because of one simple fact – properties are investments.
Far from just chucking money away, buying a house guarantees some return. With house prices often going up on their own, this tends to be the case even if you do nothing. If you want to see the most substantial return possible, though, you can add even more value to your home than market standards, and we’re going to look at how.
Convert your loft or cellar
We all know that properties with more bedrooms sell for higher prices even when floor space stays the same. Unsurprisingly, then, room conversion can work wonders. Cellar conversions offer 30% value increases, but even an attic conversion can add an impressive 15%.
Add a conservatory
Speaking of adding space, it’s worth considering conservatories. A fully glazed conservatory, like those available from Premier Windows, can add a great deal of floor space onto your home and could increase value by up to 5%. As well as providing a chance to enjoy the great outdoors while at home, this investment could soon pay for itself and more.
Don’t forget double glazing
It isn’t only conservatories that can benefit from double glazing. You should also consider double glazing or triple glazing your home windows on the whole. This is now a standard feature of new build homes, but older properties may still include single panes that can drain both heat and property value. By replacing windows throughout your property with double panes, you can both save on energy bills and guarantee attractive returns when you sell.
Concentrate on kerb appeal
Kerb appeal has been rising in the home ranks for a few years now, and it currently has significant standing on property value. This is vital given that getting this right could add up to 10%. That’s well worth your while, and it’s a pretty simple goal to achieve. Basic things like regular painting and even cleaning your gutters can make a difference here. To see the top end of that increased value, you should also consider things like a new composite front door and replacement windows.
Kerb appeal is one thing, but decorating inside can also make a difference from a value perspective. Estate agents struggle to sell outdated or oddly decorated homes and may value the home at less because of that. Make sure the same doesn’t happen by keeping the decor fresh and up-to-date at all times. It’s a simple step that you can take care of as you go, yet you’d be amazed how much difference it makes when you sell.
Trust us when we say that any increase in value can take the sting out of this, the most significant investment of your life. Whether you tackle all or one of these pointers, you can bet you’ll be glad you did.