How can I increase the value of my home?

April Kennedy April Kennedy
ECO TOWN HOUSE, CHALKSPACE CHALKSPACE Eklektyczny
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Spending on home improvements is a smart way for you to increase the value of your home and as a bonus, you also have a newer place to live in and appreciate. Renovating your home is a little bit of an investment and should be budgeted so that you are not spending money unnecessarily. It is also best to consult a professional so you can get the right advice for your home improvements.

Depending on what you would like to do to your home, some home improvements – like putting in a pool, tearing down a wall or installing a new kitchen or bathroom – can be very expensive. Not only that, but people tend to style to their own personal taste and this may not translate well to the average buyer. Others may not want to spend too much on renovations and obviously cheap workmanship may actually do more harm to the value of your home than good.

Important to remember is that not all house renovations are equally effective and increase the value of your home, and some may even do more harm than good. So, today on homify we'd like to give you a few suggestions and help inspire you to make the right choices when it comes to increasing the value of your home.

Create a welcoming and inviting entrance

The exterior of a home is the first very things a buyer will see and we all know that first impressions count! A fresh coat of paint is usually the quickest and easiest solution to renovate and make your entrance feeling new and refreshed. It's best to go with a neutral colour that appeals to a broader market.

Other small details, such as clearing the driveway, unblocking the gutters or even replace them are also a great way to easily improve the entrance area. Of course, don't forget to clean the windows, clear the path leading to the front door, fix broken tiles, chipped doorframes and fences. That way, buyers will see a home with fresh appeal like this one by Chalkhouse.

Add a conservatory

It's a rare and wonderful thing when a home features a conservatory. Such a feature elevates a home into a place of classy serenity and peace. While a conservatory can add incredible appeal and value to a home, it only really works with the right kind of space.

The space available should have adequate filtered sunlight. Too little and the conservatory will not thrive and won't increase the value of the home. The addition of a conservatory should also be judged according to the existing living space. If there is too little, a conservatory could be very cleverly used to extend the living space into a lovely green area.

Bring life with a lush garden

The freshly updated exterior of the home will have focussed attention on the garden. A patchy lawn or dead plants are obviously small and cheap things that should be attended to as soon as possible. It is easy to tell how clean or the character of a person based on their garden and the way it looks. Any potential buyer will be put off and uninspired to buy a property if the garden is looking worse for wear. 

It's actually really easy to refresh and have an inspiring and luscious garden. All you need to have is enthusiasm and desire! Lush green grass, a small water feature and bright pots for plants for example are really easy and cost effective solutions that can instantly change the entire outlook of your garden. Be prepared to get your hands dirty!

A family friendly bathroom

Bathrooms are of prime importance to the buyer and it is the room in the house where home improvements can become a little tricky. Bathroom renovations can get very expensive very quickly, particularly if moving pipes and re-tiling, but if the renovation is really necessary it is usually a very good way to add value to the home.

There are also small cosmetic things that make a big difference too. A family bathroom needs plenty of shelving that can be cheaply added. It needs to hide medicines, bath toys and the inevitable clutter of a families needs.

Add value with an ensuite

MIESZKANIE POKAZOWE NA OŁTASZYNIE, Q2Design Q2Design Skandynawska łazienka

A little used cupboard or alcove can often be turned into a second or ensuite bathroom and have a dramatic effect on the value of your home.

As with the family bathroom, small, simple changes can have big returns, In addition to shelving, fresh white grouting are a great way to make the tiles look lovely and clean and let's not forget the fittings. New taps, shower curtain, shower head and a curtain rail are very cheap additions.

Space for a garage?

Building a garage to improve the value of your home is a contentious subject. In some highly dense capital cities where many people do not own a car, using precious space for a garage is not advised. A garage here for example would be better utilised as a living space or extra bedroom. Of course, if you do have a car and larger house, having a garage instantly adds great value to your home and property. However, in other suburban areas where every home in the vicinity has a garage, the lack of a garage will diminish the value of a home, so be sure to find out what other houses in the area are offering.

As with all home improvements, these projects that can be very cheap or very expensive, so it’s best to carefully calculate the costs and consider them according to the relative value of your home.

If you enjoyed this Ideabook on ways to increase the value of your property, then you will surely be interested in: Innovative storage solutions for small homes

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