When you buy a property, it's a good idea to add value to it over time, even if you don't plan on selling it right away. Increasing the value of the home means that in the future, you will be able to sell it for far more than you paid for it. Not sure how to do that? Here are seven ways to add value to a home.
1: Add an Orangery
Increasing your floor space is a sure-fire way to add value to a property. Generally, people prefer a big home over a large back garden. With an orangery, you get to increase the floor space while appealing to the outdoorsy types, as it provides access to nature with its windows while providing an extra room in the house. A modern orangery adds more value, as it will add a sturdier addition to your home while still letting in tons of light.
2: Invest in Great Flooring
The floor of a property is important. Cheap, shoddy flooring will decrease the value, whereas well-looked after hardwood flooring will greatly increase it. By investing in great flooring and then keeping on top of it over the years, your home's value will stay consistently high. You can learn some great tips online about how to take care of your floor.
3: Boost the Kerb Appeal
When adding value to a property, many people focus on the interiors and the back garden, but what about the front? Even if the property doesn't have a porch or a front garden, it's still important to boost its kerb appeal, as it will add a significant amount of value. You could grow plants, upgrade the front door, or add some paint to improve the look of the front area.
4: Make it Energy Efficient
When looking at properties, many people consider how energy efficient it is due to its impact on the environment as well as the energy bill. Some simple ways to make your home more energy efficient include installing double (or triple) paned windows, switching to LED bulbs, and air sealing the property.
5: Upgrade the Kitchen
The kitchen is the heart of a home, which is why you must upgrade it if you want to increase the home's value significantly. A breakfast bar with high-quality worktops would work, as would investing in better, modern appliances. Consider your budget and see what changes are worth it.
6: Go Open-plan
Open-plan homes tend to have more value than homes with more rooms that are smaller. You do not have to knock down every wall, but opening up a couple of the rooms will make the home feel more spacious while appealing to more viewers in the future. Kitchen/diners, for example, are a great option. However, you may love the idea of having a full open-plan design on the bottom floor connecting the lounge, kitchen, and dining room.
7: Keep on Top of Repairs
Last but not least, you should keep on top of all repairs to keep your home's value high. Minor problems could turn into expensive ones after some time, after all. Whether you need to replace pipes, fix a roof leak, or change a window frame, keeping on top of all your home's repairs will maintain its high value.
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