7 Best Ways To Add Value To Your Home

best ways add value to your home increase house price

Whether you plan to put up your house for sale on the market or just keep it as your forever haven, renovations play a crucial part in the overall home’s aesthetics and saleability. 

The personal repairs on your home are not always unnecessary because, in the long run, it will always be beneficial for you in terms of safety and comfortability while living in your abode. On the other hand, doing home repairs to sell your home can be tricky, which is why you need to determine first its importance and the value that it can add to your home. 

Learn the craft of maximizing your home's value with these seven proven ways that add value to your property. 

Make The Living Area Open 

Doing this can add an estimated potential added value of 3 to 5 percent. This transformation can help you save on the cost of an extension because you can knock down the wall that separates your kitchen and living room. If you want, you can even do this by yourself, but only when the wall is not load-bearing. Otherwise, seek professional help since it can cause damage if not done correctly. Somehow, this may be not cost-effective and is also time-consuming, but it will give you exactly the space you want while adding potential value to your home. 

Get A New Bathroom 

Like a living room renovation, adding a modern bathroom increases the property's value, still by 3-5%. To make this repair cost-effective, try to use your old layout and change only some visible features such as the mirror, tiles, and other bathroom fixtures. 

Convert Your Cellar 

Converting your cellar has an estimated potential added value of up to 30%, as long as the build cost per square foot is less than the price per square foot of the area. Most cellars are transformed into a living or storage space and are among the least complex home improvements. 

Split A House Into Flats 

This transformation also has an estimated potential added value of up to 30%. This home upgrade is popular, especially where apartments are in-demand and often easier to rent out. Marketing this kind of property is easy since edited images can help sell properties fast. That is why opting to do this little revamp can maximize rental income in the short term and profit on sale in the long term. 

Convert Your Garage To Living Space 

This home transformation’s potential added value is only estimated at 15%, but it is not that bad. Turning your garage to a living room is an excellent idea, mostly if it is not used to house a car. 

Extend The Kitchen With A Side-Return Extension 

Its potential added value is 15%, similar to converting your garage to another functional space. If you are not familiar with a side return, it is usually the narrow alley that runs adjacent to the kitchen, as seen in a semi-detached house. If you extend the kitchen into the side return, it can help you gain valuable space and improve its layout. 

Loft Conversion To Add A Bedroom 

Adding an extra bedroom as an upgrade has an estimated potential added value of 15%. This is usually done in lofts, but it will help check it first with an architect before starting with the renovation. 

These are seven known ways to add value to your home, which you can use as a benchmark for your future home renovations. We are also adding one excellent tip before starting with any repair: do not forget to secure permissions from your local planning authority to prevent any untoward apprehensions while the renovations are going on.

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