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If you own your home, you are probably always looking to increase its value. You may not plan on moving for many years yet but it is so important to keep your finger on the pulse and know just what adjustments and changes you can make to make your property more valuable.
Balustrade Components have created a fab infographic which gives some great ideas of what renovations or home improvements can add value to your home. It may seem obvious but renovating either your bathroom or your kitchen can add a whopping 6% value to your home and adding extra rooms during renovations such as a family room or a master suite also fares well.
A great staircase is also important as it can be quite a focal point of your home but first impressions do count which is why gardens should be kept well presented and neat at all times – it could net you 88% ROI!
An extension is the most expensive home improvement to make (with exterior improvements the cheapest) but the return you are able to achieve on that investment can often outweigh the relative costs. With extensions and extra rooms adding plenty of value to people’s properties, it is easy to see why so many homeowners are happy to splash out on an extension, ready to reap the rewards later.
Many of my friends are currently having work done on their houses and its easy to see why – they know a worthwhile investment when they see one. Did you know all of these ways that you could add value to your home? Have you ever made any of these renovations to your properties in the past – and if so, did they increase the value of said property?