Save Vs Splurge: The Most Valuable Home Improvements Revealed
If you’re doing up a house or you’re preparing to sell, it’s always good to think about adding value as well as creating a home that looks the part. Sometimes, you can do a huge amount of work, but you won’t add substantial value to the property. In other cases, relatively straightforward projects will send your asking price through the roof. If you’re keen to protect and grow your investment, here are some of the most valuable home improvements.
The show-stopper kitchen
There was a time when people weren’t overly fussed about the kitchen, but today, it is very much top of the list when it comes to buyer priorities. If you’ve got a for sale sign up outside, a show-stopping kitchen could help to ensure that it’s not there for long.
If your kitchen is in need of serious TLC, do some work before you start showing people around or posting photographs online. Go for a style that suits the rest of the house, but bear your target market in mind too. If you’re trying to attract families, for example, an open plan kitchen may be the most appealing option.
Bathroom upgrade
Whether you’re keen to sell now or you’re working on a new home, which you may part company with later in life, bathroom upgrades are usually worthwhile. Many people consider the bathroom the second most important room in the house after the kitchen. A tired, dated bathroom suite or a dark, cramped room can put buyers off and decrease the value of the property.
Fitting a new suite, brightening up the walls and maximizing natural light can make all the difference. If you’re keen on DIY, and you don’t mind getting your hands dirty, grab a brush, buy or hire a tile cutter, and start work on your beautiful new bathroom. Once you’ve got everything in place and the walls, tiling and flooring are finished, add some accessories such as a toothbrush holder, candles, and a potted plant, to finish the look.
Loft conversion
If you’re looking to add serious value to your home, and you have a loft, which hasn’t yet been converted, this is a project you should consider. Renovating the attic and creating an extra room can enhance the value of your house and make it more attractive to a wider range of buyers.
You can use the space to add a bedroom, a study, a studio or a games room. Before you get carried away with the decor, get in touch with some building firms and ask for quotes. It’s also a good idea to get some ideas of valuation before and after the build to see how much money you could make if you do decide to go ahead with your plans.
When you’re sprucing up your home for sale, or you’re renovating with a view to enhancing your investment in the long-term, it pays to work out when to save and when to splurge. Some home improvement projects will add significant value to your home while others won’t make a huge difference. If you’re keen to make money and create a stunning home, bear these tips in mind.
