Home projects can be expensive, so you want to make sure you get the most from your money. If you would like to know what to focus on to give you the best chance of seeing a good return on your investment and add the most value to your home.
Source: Money Supermarket
Converted Loft:
Making use of the additional space can make a real difference to a home!
This is considered to be the most valuable home improvement project, purely because of the vast amount of additional living space a loft conversion creates. Adding additional rooms typically increases the property value. Extending into the basement or over a garage would also have a similar impact.
Larger Kitchen
For many, the kitchen is the heart of the home, and so an attractive kitchen is essential!
More than ever the kitchen is a real focal point for potential buyers with many using their kitchen as an entertainment space, not just a cooking area. A good size kitchen with enough worktop space and a seating area is one of the key considerations for a lot of buyers. If you don’t want the cost of installing a whole new kitchen, smaller updates such as a new worktop, sink or tiles can go a long way.
Garden/Larger Garden
Gardens sell homes, fact.
A visually pleasing garden with plenty of space is another tick box for many potential buyers. Although a large space is appealing, it’s not just size that matters. If you haven’t got a large space to work with, consider utilising what you have to really emphasise the many functions that your garden can have.
Ensuring the lawn is maintained and the borders are planted with all year flowers is a great start. Consider decking, landscaping or a patio area for your outside space showing a clear place for outside entertaining.
Showcasing how the space can be used to potential buyers will get them dreaming of long summer evenings sipping Pimms with their friends in the garden.
Another bedroom
Is there scope within your home to add an extra bedroom? An additional bedroom can really boost the value of your home.
When buyers are looking for a new home, one thing that will be top of their requirements will be the minimum number of bedrooms that they want or need. By adding a decent sized bedroom (big enough for a double bed), you will automatically increase the amount of interest your property receives. Adding bedrooms will usually add to the sale price.
Extra bedrooms can be created by dividing up existing space by removing and adding walls, by converting the loft space or extending.
Garage/off-road parking
Parking is important to most
With many households owning more than one car, having somewhere to park is a big plus for most buyers. Even for homeowners that don’t drive, the space will be appreciated for when family and friends come to visit.
If you have a garage or a driveway, try to make sure the space is kept clear and tidy so it can easily be seen as a parking option. If you don’t already have parking but do have a front garden, consider paving part of it to create off-road parking. You might have to apply to have the kerb dropped, but it’s still well worth investigating.
We hope that you have learnt something from these property tips, and you will be able to take something away thats beneficial to you. If you would like to improve your own home but your not sure where to get the funds, don’t fret we can help…. Contact us.
With mortgage interest rates so low, there’s never been a better time to remortgage for home improvements. You may even be able to take a lump sum to fund your home improvements without increasing your monthly payments.
Our friendly personal advisers are on hand to support you to find the best mortgage deal for your circumstance, so you can get the most out of your mortgage and your home. Contact us
01273 736536