The housing market is at one of its most expensive periods ever in the UK, making it a great opportunity for people to sell their houses. However, the housing market is also expected to crash so the sooner you sell your property, the better. That being said, your property may not be in a good enough condition to ensure you get the best value for your money.
Now, there are some methods which can be quite expensive when it comes to upgrading and adding value to your home. Additionally, there are some methods which are more affordable. Nevertheless, if you want to add a lot more value to your property, the best method to do this would be to go with the more expensive upgrades. So, if you want to make a quick upgrade to your home and add value, here are some of the best tips.
A great way to add more value to your home would be to get an extension. Some homes have plenty of room where they can expand on their homes, whilst others don’t have any room for an extension at all due to it being a terraced house. Nevertheless, if you do have room for an extension, it is something that is worth considering. So, if you have the extra cash in your pocket, this is something that you should consider, as it can return a lot of money.
Extensions can be turned into anything; however, if you are going with an extra bedroom in your home, this will probably return the most amount of money. Additionally, you can install a walk-in wardrobe in one of your rooms with the extension, which, again, helps to add more value.
There are some drawbacks when it comes to house extensions. One of those issues is that you need planning permissions and in some cases, this can take a while to get approved. Another disadvantage is that they can be expensive. Nevertheless, these are the commitments you need to make if you wish to add more value to your home.
Loft conversions are perfect for those who live in a terrace house and want an extension. A loft conversion can be perfect for creating that additional room, whether you want it to be a bedroom or you wish for it to be extra storage space.
One of the benefits of a loft conversion is that you don’t need to worry about getting planning permission in most cases. However, if your walls are connected to other houses, which is the case for terrace houses, you will have to get permission from the other household.
Garages used to be a place for a vehicle however, a lot of modern homes are now converting their garages into a room which can be used all year round. If the house requires that extra storage, then ensure your garage can still be used for this. Additionally, if you don’t have a driveway, you will likely need to use this garage for storing your vehicle.
So, if you are going through with a garage conversion, what do you wish to change it to? First you can have it as a games/cinema room. Additionally, you can transform it into a guest room or you can separate from your house and rent this room out separately as an Airbnb. You could also just transform it into a room that can be rented out for storage.
So there you have it, three ways to help increase the value of your home. You could say these are three different methods that can be expensive; however, the returns you get will certainly be worth it when you are selling your home.
There are a few easier methods which are more affordable than this such as improving your efficiency rating. If you have a conservatory, consider conservatory roof insulation to make this room usable all year round. Then, for your home, consider getting triple-glazed windows and replacing your double-glazed windows.