Increasing a Property's Value Through Home Improvements in Catford
Even if you do not plan to move out of your home any time soon, you are likely thinking about ways you can increase its value. It's not only about the resale value. Improving your home will give you better options for refinancing, and will improve your collateral. A home is one of our greatest investments in life. It's vital that owners always view them this way and treat them accordingly!
The value of a property can be increased exponentially with a few home improvement projects. Some renovations yield better results than others.
The suggestions below have been shown to be very effective in all kinds of different locations.
Add More Rooms
If you're interested increasing your home's value very quickly, there's an easy answer: put in another bathroom or bedroom. More rooms means more money. While two houses on the same street may be identical in appearance, a three bedroom with two bathrooms will be worth more than a two bedroom with only one bathroom. Obviously, larger homes, built for more people, are worth more.
There are two ways to complete add ons. However, if there isn't enough room to do this on your property, you could consider converting one large room in your house into two smaller rooms. Even if you can only add a wall, you will still be able to increase your home's value.
Kitchen and Bathroom Remodel
The quality of the kitchen or bathroom can be a deal-breaker for a potential homebuyer. Everyone these days likes to see a spacious, open kitchen featuring stainless steel appliances, new cabinets and granite countertops. Of course, a kitchen makeover is an expensive project, but it makes a home much more valuable and appealing to buyers.
Bathrooms are also an important consideration to homebuyers. These days it is important to have plenty of storage space in the bathroom; in addition to this, his and hers sinks, claw-foot tubs and jetted tubs are excellent selling points. Any contractor will tell you that the right bathroom renovation will not only add value but it will also add to your own enjoyment. That makes sense, considering a lot of time each day is spent in the bathroom!
Making Plumbing, Heating and Electrical Adjustments
You can't show this off to your friends and nor is it glamorous. However, these types of updates will add value to your home, prevent future issues and even increase the efficiency tremendously. This is particularly true for older homes that may still have gas heat and pipes that are made of copper, or old wiring. If you have copper pipes, you may be able to receive assistance from the government to remove those pipes and make the necessary changes.
There are other, less elaborate projects to take on, such as roof repairs, replacing windows, cleaning and replacing gutters, and taking extra care of the lawn. In short, almost any home improvement you make is going to increase the value of your home. However, the ones listed here are sure-fire ways to do it. Adding rooms, renovating the kitchen or bathrooms, or updating the utilities will add value and enjoyment in a home for years to come.
Best wishes on your home improvement projects, and hopefully they will allow you to make your home even more valuable.