When it comes to selling your property, you naturally want to get the best price for it. And this can mean a hefty investment. However, selling shouldn’t be the only time you’re thinking of adding value to your home. Adding value and making changes while you are still living there can boost your enjoyment of your home and its functionality, too. While it seems a good idea to consider the impact and financial advantage of boosting the value when you do make substantial changes, that shouldn’t be the sole focus of why you are making changes.
That being said, let’s examine a few ways to invest in your home that will benefit you and prospective buyers if you decide to sell.
New Driveway
Investing in a new driveway or updating your existing one is a smart move for any homeowner, particularly in areas where parking is a challenge. Whether you’re creating a new driveway or enhancing an existing one, it’s a long-term investment that adds curb appeal and value to your property. Plus, it provides a functional space to keep your vehicles, making your daily life more convenient. Talking to experts in driveways and pathways can allow you to uncover your home’s potential and get a solution that is perfect for you.
Kitchen Renovation
Kitchens are among the most popular renovation jobs for homeowners, and whether you are getting ready to sell and want to add value or you genuinely need a new kitchen, renovating this aspect of your house can provide a wealth of benefits.
When it comes to adding value, minor kitchen upgrades are often the most effective, especially if you’re planning to sell soon. These can include updating the flooring, cabinets, and appliances. However, a full renovation or even an extension can be the best option for families needing more space or a more flexible kitchen layout. This is particularly true for older homes that may not have the space or amenities for a modern lifestyle. The key is to make changes that suit your needs and enhance your enjoyment of your home.
Landscaping
More and more buyers are seeking properties with well-maintained and aesthetically pleasing outdoor spaces. If you’re looking to invest in your lifestyle and property value, landscaping can be a great option. Depending on the scope of the work, the quality of the finish, and the size of the space, good landscaping can add around 15 to 25% to your property’s value. This potential return on investment should give you confidence in the value of this home improvement.
New Bathroom or Additional WC
Adding a second bathroom, ensuite or downstairs WC can significantly improve your home’s functionality and resale value. You can also add existing bathroom renovations to this list, as buyers do appreciate a modern, well-appointed bathroom when browsing for their next home. If you are looking for an area that can add value, improve how you use your house, and give you more bathing or bathroom selections, a downstairs WC, ensuite, and bathroom remodel can be exactly what you need.
