Home improvements are a great way to increase the value of your home, while making your home look and feel newer. As per estate agents in Doncaster, almost 80 percent of homeowners upgrade their homes before listing them on the market to increase the value of their property. Contrary to popular belief, not all home improvements and home upgrades have to cost a whole lot of money.. If you’ve been thinking about putting your home on the market, here are 7 important home upgrades that you can do to increase the value of your property.
Remodel the kitchen
The best way to increase the value of your property is by remodelling the kitchen. A spacious and modern kitchen is a very common demand among potential buyers. If you have the budget for it, then you can consider fully remodelling your kitchen to create a modern kitchen with state of the art appliances. However, if your budget does not allow for such massive upgrades, then even something as simple as changing the countertops to granite countertops and upgrading the kitchen cabinets will make a big difference. Another important thing is to ensure that you have a lot of light in the kitchen. You can either add more fixtures or you can create a source of natural light to instantly brighten up the kitchen.
Fix the roof
Many a time, a potential offer can fall through because of a damaged roof. If the roof on your home is very old, then you might want to think about fixing the roof, or even replacing the roof, before you put your house on sale. While the cost of fixing a roof can be pretty high, it is a good investment considering that a brand new roof will instantly increase the value of your property. At the end of the day, it is better to spend a few thousand pounds to fix your roof as opposed to having a deal fall through because the potential buyers did not want to bear the cost of fixing a damaged roof. Keep in mind, that these very buyers will not mind paying for a great house with a brand new roof!
Add a bathroom
An additional bathroom is always a good idea. En-suite bathrooms and spare bathrooms have become a very common demand among potential buyers in the UK. If you have the space to create a new bathroom, then you will be able to sell your property for a much higher value than you originally thought. If your property has two bedrooms with just one bathroom, consider creating an ensuite bathroom as that will attract more potential buyers. If you do not have the budget to create a new bathroom, you can always upgrade the existing bathroom or bathrooms. Change any leaky taps and faucets, use neutral marble and tiles, upgrade the shower fixtures and thoroughly clean the bathroom to make it look newer and better.
Make use of unused space
Every house has some unused space which is often cluttered and messy. This could be the basement which is used to store old boxes or the attic which has not been opened in years. So, why not make use of this unused space? You can create a playroom, a home gym, a home office, a library, a second living room or even a guest bedroom in the basement! Also, since work from home has become a very common concept in the past few months, potential buyers and investors are highly interested in properties with additional spaces. So, while the basement can be used as a second living room in the evening, it can always be used as a home office during the day. By clearing out the unused space and converting it into an additional room, you will be able to drastically increase the value of your property.
Opt for energy-efficient appliances
Energy-efficient appliances and sustainable housing have become a very popular trend in the UK housing market in 2022. And, making your home energy efficient actually does not cost that much! Switch out your old thermostat for an energy-efficient thermostat – not only will this reduce the utility bills, but it will also add to the value of your property. Insulate the windows and the roof to make your property more energy-efficient. You can also replace your current appliances with energy-efficient appliances and swap out your old lights for LED lights. And, if your budget allows, consider investing in solar panels as that will certainly give you a good return on investment when you decide to sell.
Add a deck or a patio
New buyers and potential buyers are always on the lookout for properties with outdoor space. So, imagine how much these buyers will pay for a property with a private garden that also has a spacious deck or patio. After all, who doesn’t love spending a nice sunny afternoon in the comfort of your very own patio? The cost of installing a deck or a patio is not too high, and people who are handy with tools might just be able to create a patio all by themselves. And, when it comes to listing your property for sale, you will be able to fetch a much better price simply because the patio or the deck will be a standout feature. According to the experts, adding a patio or a deck to your home will give you a 64 per cent return on investment, which is a pretty sweet deal.
Change the interiors
A little dash of interior designing with a little bit of staging certainly goes a long way. Get rid of old upholstery, remove any broken chairs and tables, replace the old sofa and get rid of the clutter. Use neutral tones and pastel shades to decorate the interiors. Add one stand out piece in every room, such as a contemporary piece of artwork or an industrial-chic chandelier. Repair the walls and ceilings and swap out those dusty old doorknobs for something newer. By making a few changes to the interior, your home will look better and newer, which will in turn add to the value of your property.
