Thinking of selling your home? Before you put your house on the market, consider ways in which you can increase its value. You might have to pay out a bit of money but when you sell the house you are more likely to make a big profit. You need to be smart with your spending and only invest your money in home improvements that will get the best return. It is surprising how much of a difference to the price of your house some home improvements can make. Here are 5 home improvements that are likely to increase the value of your home.
1. An extension
Adding an extension to your house can help increase its value significantly. However, it does depend on where you put the extension and whether it blends with the rest of your house. Speak to an architect or professional builder about possible extension ideas before going ahead. Having a professional opinion can make a huge difference to the end result. You can either add a whole new extra room or simply make one room in your house, such as your lounge or kitchen much bigger.
2. Redecorate or get a new kitchen
When people view a house one of the key rooms they tend to focus on is the kitchen. You always remember the kitchen when you go into someone’s house. New buyers are looking for a kitchen that is well laid out, efficient and of course stylish and great to look at. You can either invest in a brand new kitchen to wow potential buyers or improve your existing kitchen by redecorating. A coat of paint and new cabinets can help to transform your kitchen.
A new conservatory can deliver a 108 per cent return, according to UK Business Zopa. A conservatory is an added extra that many people look for when buying a home. It can certainly wow potential buyers during viewings and make the difference between buying a house or not. A conservatory essentially provides a whole extra room to your house, increasing its size.
4. Improve your garden
According to Paul From Peak Architects “How a garden looks is extremely important when selling a home. If you have an overgrown garden that needs a lot of work then potential buyers will instantly be put off”. The garden is an important part of the overall package. Get some gardeners in or get to work yourself and make your garden look impressive. Consider putting some decking in your garden as this is another home improvement that can help to add to the value of your house. Decking is also easy to maintain and it looks very attractive.
5. Get double glazing
Potential buyers will be instantly put off if they realize your house does not have double glazing. It is a must have feature in all modern homes, especially those that are just about to go on the market. Double glazing will make your house more energy efficient and warmer which will most certainly appeal to prospective buyers. According to thisismoney.co.uk, double glazing can add up to 10% of the value of a home.