3 Projects That Will Increase The Value Of Your Home
Projects That Will Increase The Value Of Your Home
When you own your own home it’s common to want to increase the value. A good way to do this is to complete larger projects in order to increase the value to appeal to buyers.
Have a look below at 3 projects that you can think about to increase the value of your home.
Converting The Loft Space
Doing this may sound like a huge renovation project to tackle. However, converting your loft space can have a major impact on the value of your home.
People are dying to have a bedroom with wardrobe space and ensuite. Think about it, it makes the perfect master bedroom. Converting this space provides the added benefit of an extra bedroom for kids or a guestroom.
Of course, you don’t have to convert it into a bedroom. You could always convert it into a family room, office space or just an area for storage.
All will add value to your home.
It’s best to research what is sought after in your areas, as a buyer can be different depending on the location. So, it may be a huge project but it will be worth it.
Updating The Kitchen
If you want to make the biggest impact with regards to the kitchen then you will need to make sure of a few things. Make sure that you have modern, up to date and well looked after kitchen to show.
Just in case you have anything less then it may be worth looking into having it replaced. A buyer who is on the market now is often looking for ‘move-in’ ready. If they feel like they need to complete a major project like the kitchen then they will expect this to be reflected in the price.
If you can’t afford a renovation, then try replacing things such as the appliances, the worktops, the backsplash, tiles and lighting.
They can all help give the impression of a more up to date kitchen and increase the value.
Updating The Exterior
Just like the inside of your home, making improvements to the exterior can also help to increase the value of your home. One of the most important things with your exterior to make sure it’s well maintained.
This gives off excellent curb appeal. Especially when you’re looking to increase it’s value and sell.
You May Also Like:
- How to Update Your Home Without Renovating
- Renting Your First Home as a Couple
- How to Buy Your First Home as a Couple
- Say Good-Bye to Your Mortgage Sooner with CIBC
Some of the areas that buyer tend to focus on and that affect the value the most are your driveways, pathways, windows, doors and your roof.
Installing new roofing can have a major impact on your value increasing and it can also be a great focal point when selling.
These are just four areas that are considered to be larger projects. All will help to increase the value of your home.
Do you have any tips that help to increase the value of your home?
Let me know, til then–cheers m’deres!
PIN FOR LATER:
Nancy Polanco is a freelance journalist, lifestyle content creator, and editor of Whispered Inspirations. She is a proud Mom to Gabby and Michaela and partner and best friend to Darasak. Having worked as part of a health care team for almost a decade, Nancy is happy to be back to her passion. She is a contributor to the Huffington Post, TODAY’s Parents, and an Oprah Magazine Brand Ambassador.
