Ways to Add Value to Your Home
Are you looking to undertake a home renovation in London? Thinking of selling your property? Your house is the biggest asset you have, so it is only natural that you want to maximise your investment and ensure that you can enjoy the biggest return.
Giving your home a makeover not only helps to give it a new lease of life end ensure it looks as modern as possible, but it can also make it more attractive to potential buyers. If you are looking to add value to your London property, here are our top ten methods you should utilise:
1) Expand your property
One of the most effective ways to maximise the value of your property is to expand the overall footage. Whether it is converting an existing cellar into a living space or functional room, or expanding up with a loft conversion, it can make your home increasingly more appealing to potential customers.
These extensions might seem like a complex task to undertake, but working with a professional building firm will ensure that your property meets all required building regulations. They will also ensure that the work is completed to the highest standards possible, helping to make your home even more attractive to buyers.
When expanding your home, you should pay attention to the design, as a poorly designed or placed extension can actually devalue the property. Working with a professional London architect will overcome these issues and ensure your home looks fantastic.
2) Update your bathroom
Another very popular renovation that can add significant value to your property is to update your bathroom. The bathroom is one of the most used rooms in the home, being the place where we typically start and end our day.
Renovating your bathroom to ensure that it follows the latest styles and features modern appliances is a great way to showcase to potential buyers the value of your home. Estimates suggest that a new bathroom can add up to 10% extra to a home’s overall worth.
Alongside updating your bathroom, think about installing an en suite to your bedroom, allowing you to offer increased comfort and luxury.
3) Add a conservatory
If you have the space, adding a conservatory to your home can not only help to expand your living area, but it can also significantly improve the curb appeal of your property. A conservatory can be used for entertaining guests, as a home office, or just a spot to unwind, and it is this versatility that can help to increase the value of your home.
However, just like extending into your loft or basement, a poorly designed or constructed conservatory can put potential buyers off your home. If you are not sure a conservatory will work in your property, think about installing a standalone garden structure, allowing you to use your garden all year round.
4) Install a new kitchen
Alongside your bathroom, the other most frequently used room in the home is your kitchen. From cooking up a storm to entertaining friends and family, the kitchen is often the heart of the property, which means it is essential that you are showcasing the latest design trends and appliances to prospective buyers.
Although it can be a costly expense to revamp your kitchen, it can be a very rewarding project to complete as estimates suggest that the right kitchen renovation can increase the value of your property by up to 10%!
Like all interior designs, trends can change quickly, so working with a professional architect and home designer will help you to create a timeless and functional room that will appeal to buyers for years to come.
A very cost-effective way of adding value to your property is to redecorate that tired and dated interior. It is only natural that over time general wear and tear occur to your property, which can leave some rooms looking a little tatty.
Giving your home a new lease of life through simple redecoration can transform how it is perceived by potential buyers, helping to increase the overall value of your property. Whilst you could go all out with an interior designer and renovate each room, this is a costly process, so simply replastering and painting a room can make it look brand new.
If you are undertaking redecorating for the sole purpose of selling your property, then keep it as simple as possible. Everyone’s personal tastes differ, so one of the best tips is to use neutral colours as this is not only inoffensive, but it helps to let buyers visualise how they will create their own designs.
6) Upgrade your heating
As the world continues to be more eco-conscious, buyers are looking at homes that are as green and energy-efficient as possible. Ensuring your home’s central heating has been updated with the latest technology can significantly improve the value of your property.
Even if you are not looking to sell your home, upgrading your boiler and heating can help to save you significant amounts of money by reducing your overall heating bills.
7) Fix any defects
When trying to sell your home, you want to make it as appealing as possible to prospective buyers. One of the most significant contributors to lowering the price of a home and putting buyers off are common defects and issues such as damp, damaged electronics, faulty appliances, etc.
Spending the time to go through your property, examining each room and fixing any issues that you might find, no matter how small, can transform the overall value of your home. Most new buyers do not want to have to spend to fix issues when moving into a new property, so providing them with a property they can enjoy straight away boosts your profits when selling.
8) Upgrade your windows
When it comes to making your home as energy efficient as possible, then upgrading your windows to double or triple glazing is essential. The majority of heat loss within the home happens through the windows, so these additions can help to minimise loss and reduce your energy bills. Not only that, but double and triple glazing is also more secure and easier to maintain, helping to add additional value to your home.
Are you looking to add value to your home?
Are you looking to add value to your London property? Here at Domenech Design Ltd, our highly experienced and talented team has helped to transform dozens of homes across the capital and surrounding area.
No matter whether you are looking for a home extension, loft conversion, interior design or help with planning permission or architectural design, Domenech Design Ltd is here to help you. We are a full-service team of designers and engineers who can help you to transform the look of your property and maximise your investment.
So if you are looking to add value to your property, get in touch today and find out how we can help you.