The new year is here and one resolution that will surely be on a lot of homeowners’ lists is to carry out renovations to increase the value of their property. There are many ways that this can be achieved; some more time consuming than others, but we’ve highlighted the key projects that are sure to up the valuations and add a new lease of life to certain areas of the home.
Have a look through these ideas and let us know what renovations you’ll be planning in 2017 and beyond!
1. Loft or basement conversion
Often the simplest route to adding a bedroom and en-suite, converting an unused loft space is almost certainly guaranteed to add value when it comes to selling your home. There are some areas to consider, as with any major renovation, but as long as you ensure floors are reinforced to take the extra weight and the loft is easily accessible, you’ll be onto a winner. A converted loft space can add up to 20% to the value of your home, according to Nationwide’s report.
With inner-city homes lacking space to expand, many homeowners are now looking to extend below. An unused cellar or basement area could prove fruitful when it comes to selling up and not only that, it makes a great extra living area or even bedroom space in shared houses. That being said, installing basements from scratch when there was no space there previously can be a costly renovation.
Much like a loft conversion, adding an extension onto your house can add thousands in value. Whether you’re adding a conservatory, kitchen extension or orangery, bear in mind how the new room will flow with the existing space, and how you’ll connect the two. Bi-folding or sliding doors that sit completely flush with the floor are a good option or alternatively, leave the space completely open plan.
The heart of the home, potential buyers are likely to focus their attention on the kitchen when searching for their dream home – at least in the initial stages. It’s important that the kitchen is practical yet stylish, so if you’re looking to redo the layout, seek a kitchen expert’s advice on planning the best design. The team at our sister company, Express in the Home, will happily help you choose, design, and install a new kitchen.
Unless you’ve got a 70s-style avocado bathroom, you probably won’t need to do huge renovations. Simple changes like updating taps, installing a new shower head and getting rid of a worn-out shower curtain will make a huge difference. And if you did want to make a big project of it, light and neutral, brick-style tiles will stand the test of time.
5. Bridge the gap between indoors and outdoors
There’s nothing quite like opening up your home to the outdoors – especially in summer! Replacing existing French or patio doors with slimline sliding or bi-folding doors is relatively easy and can make such a difference to the perceived light and space in a room. A kitchen or living space that leads to the outdoors will create a sense of flexibility and offers a wide range of options for entertaining in the summer – or in the winter if you fancy it!
6. Updates to older properties
If you live in an old property, you’ll know all too well that things creak a little more than they perhaps should – and potential buyers will be looking out for this too. If you haven’t done already, it might be a good idea to install a new, energy efficient central heating system and update electrical and plumbing systems to really up the value. You could also consider updating the windows and doors if planning permission allows – but always remain in keeping with the age/style of the house!
7. Fix structural issues
It is important to remember that before any cosmetic improvements are made to the home, you should ensure all outstanding structural issues are addressed. This includes leaking roofs or broken tiles, damp or mould problems and any unsafe flooring. If in any doubt at all, consult a reputable tradesperson before carrying out any work.
Inexpensive ways to add value to your home
1. Spruce the garden
You really don’t have to spend a lot of money to get your garden looking tip top. Take inspiration from magazines and Pinterest for ideas of what to do with the space you have. Remember that when it comes to selling up, if you’re target buyer is a family they will usually be looking for a flat lawn area that’s child-friendly.
Giving your walls a new lick of paint will undoubtedly make rooms more welcoming, pleasant to spend time in and it also gives you a chance to add some personality to your home. Just remember that when the time comes to show potential buyers round, they will automatically take a liking to it if it’s decorated in neutral tones that attract light.
Another quick and easy repaint would be to do the kitchen units. Old wooden doors can be sanded down and painted to create a fresh new look in the heart of the home. Before you clean your brush though, consider repainting the front door: first impressions can boost a buyer’s eagerness for your home, even before they step through the door.
For many people, the thought of moving house can be really daunting (and expensive!) which is why homeowners often choose to improve rather than move. And with many of the above projects capable of adding thousands in value to a house when it comes to selling up, it does seem a smart choice!
Have you got any renovations planned for 2017? Share your plans with us on Twitter @ExpressBifolds.