Last Updated on January 10, 2024 by asifa
Homeownership is one of life’s great milestones. Like many of the major events in your life, it comes with responsibilities and is an opportunity for investment. By making some wise additions to your home you can get a huge return from your property value, helping secure your future after you sell the house.
Here are eight high-value and cost-effective renovations and additions you can make to a family home to push up its property value. Not only will you get a great return on your investment, but you will also get a fun new feature to enjoy too.
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Add Space Inside And Out
The best value addition to a home is one that adds floor space. Home extensions and attic conversions are obvious candidates but do require a lot of upfront investment. You will get the money back in time, though. The returns on extra bedrooms and living spaces are fantastic.
For a simpler and more cost-effective option, add some extra space outside. This can be a shed for storage or a garage for parking. When choosing a covering for the space, corrugated roofing may be a good option. Corrugated roofing sheets are easy to handle and work with and provide a lot of value for money. Clear Amber Shop has a range of options, including Corrapol-BT roofing and clear corrugated roofing that lets the light in.
Upgrade Your Kitchen Or Bathrooms, Or Both
The highest value rooms in your home are the kitchen and bathrooms. This is for many reasons, including the cost of the appliances in the rooms and how critical they are to a dwelling. En suite bathrooms are a high-value asset in a home, so if you are considering adding living space look for an opportunity to add a bathroom to a bedroom.
Both of these rooms can be ‘over-styled’ and given too much of a personal touch which can make them less appealing to potential buyers in the future. Try to stick to a contemporary or traditional style in both areas and use common materials. When remodeling these spaces you want to get the best value for money you can from the project so do not overspend on style touches that will not suit other people’s tastes.
A Real Home Office
Many homes have a home office space, but really it is a room where the desktop computer lives and gets used as a dumping ground for things that don’t fit in anywhere else. More and more people are remote working now, and the home office has become a highly desirable feature for buyers. This is only going to increase in the future as remote working becomes more common.
If you already have a home office, is time for an upgrade? If you don’t, can you convert a small bedroom or a small storage space into a remote working space? This addition can be quick and cheap, and give you a great return on your investment. Make sure there is space to move, adequate light, and it is clear of clutter. A real home office needs to be dedicated to working and not a multi-use space.
Smart Home Storage
Clearing away the clutter can give your living spaces a whole new look without a lick of paint. The problem is where do you put everything? If you are blessed with a basement or an attic you should have somewhere you can box things up and put them away. If you don’t or you need some extra storage space perhaps you should invest in some custom smart storage for your home.
Under the stairs is a great candidate for a smart storage makeover. Turning an awkwardly shaped cupboard into a rack of handy drawers is a much better use of the space. Each drawer can follow the shape of the steps, maximizing the storage space and giving you plenty of places to put things away.
Make Some ‘Me’ Space
Every home should have an area that people can use for a little ‘me’ time. Whether it is for practicing yoga or playing an instrument, having a space for personal investment, peace, and wellness is quickly becoming a must-have feature for homeowners. You gain an area to release stress and enjoy some peace and quiet, and you add a desirable new space that future buyers will be looking for.
You do not need a large area, but it needs to be light and free from clutter and distractions. This is an area that can benefit from a little art on the walls and something comfy to lounge on. Big bean bags can be a versatile and fun seating option, and they are easy to push into a corner if you need some extra space for your yoga stretches.
Change Your Sidings
Your home’s appearance is one of its greatest potential assets and its greatest potential liability. First impressions count for a lot, and how your home appears to visitors, house guests, and future buyers will give them a sense of the building’s interior and its structure. If your home looks tired and rundown on the outside, people will think the inside is like that too.
The siding of your home is a quick way to make a big change, and the investment will pay for itself when the time comes to sell. Stone veneer sidings can have a huge impact on the look of your home if it fits in with the area and suits the property. This type of siding not only updates your home’s exterior it can yield a high return on your investment.
Add A Conservatory Or Sunroom
This addition gives the home some extra living space and makes a great dining room or entertaining space, but it does require some significant investment. You will get a fantastic return down the road, and you will be adding a desirable and useful space, but the cost can be prohibitive for some people.
You can add a conservatory easily enough to the exterior of your property, and use them to extend an existing room such as the dining room or kitchen. Stealing a little space from the new addition to give a kitchen or living space a new feature or a few extra square feet is a nice two-for-one deal. Try to incorporate this into your plans if you can.
Landscape Your Gardens, Yards, And Driveways
This is by far the most cost-effective way to add value to your property. You may only need to invest some time and some elbow grease to make your home more desirable and valuable. Tidying up your gardens, yard, and driveway is a good start, but you should be prepared to take things a little further.
With an investment of a few hundred dollars, you can add a water feature, a patio space, or a useful vegetable garden that can help supply the home. All of these are desirable and cost-effective features that will tempt potential buyers to your home and cover their costs in property value.
Pick any one of these home renovations and you will see a boost in your property value. If you go for a few or all of them you could see a huge increase in your home equity which will help you plan for the future. Whichever you choose to do, you will gain a great new feature for you and your family to enjoy before the day comes to sell your home.