A collaborative post today and something I am personally interested in especially as we are looking to move house this year. I hope this helps if you are looking at improving your home.
Home improvements can be a fantastic way to upgrade your living environment and improve the functionality and comfort of your home. That said, home improvements can also be expensive, so you must plan projects smartly and invest in upgrades that will give you the highest return. To give you some ideas, here are the best home improvements to increase resale value.
Modernise your kitchen
Kitchen remodels are one of the most popular renovation projects for good reason. Modernising your kitchen can improve your liveability and should also give you a 51% return on investment, according to Zopa.com. Complete kitchen remodels can cost thousands of pounds, but there are plenty of affordable ways to upgrade your kitchen area on a tight budget. Improving your kitchen doesn’t have to cost a fortune. Here are some cheap ways to makeover your kitchen:
- Repaint your walls, ceilings, and window frames to freshen up your kitchen area.
- Upcycle existing furniture, e.g., your dining table, to give the item a more modern look.
- Update worktops and kitchen cabinet doors instead of replacing entire units.
- Resurface your splashbacks and kitchen benchtops.
- Install new lighting to brighten up your kitchen.
Freshen up your home interiors
It is normal for home interiors to show wear over time, e.g., you might notice chipped paint or dents in the wall. Freshening up your home interiors is one of the easiest and most effective ways to improve the look of your home and attract potential buyers. Start by concealing any wall damage using a home repair kit. Then, give your walls and ceiling a fresh coat of paint to give your home a more modern and polished appearance. Keep in mind that buyers typically prefer a blank canvas so try to keep your colour palette neutral. Painting your rooms yourself is the cheapest option, although you may want to hire a professional decorator to ensure a high-quality finish.
Upgrade your heating system
Upgrading your heating system is a reliable way to increase your property’s value. Many homes have outdated heating systems, and some older properties don’t have central heating at all. Homebuyers are aware of the environmental and money-saving benefits of an efficient heating system. With that in mind, upgrading to a modern boiler or installing a designer radiator should boost your resale value and give you a good return on investment if you decide to sell. Plus, you will get to enjoy energy-saving benefits and lower utility bills while you are living in your home.
Convert your garage into a living space
Creating additional living space should automatically increase the value of your home. Extra living space will also appeal to larger families who require more bedrooms for their family members. If your garage is rarely used, then converting it into an extra bedroom could be a great way to increase your home’s value, especially if you have outside parking available. Experts at propertypriceadvice.co.uk state that “converting your garage into a living space could add 15% to the value of your property.”
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