Current real estate market trends are making many homeowners opt to cling to their property. The main idea is to wait until things get better. As a way to make my home more comfortable, I plan to make various home improvements now that I am not moving out. Some home improvement projects add little to no value to your home especially in a down market, whilst some projects can add considerable value on your property.

Home improvement usually require you to put money into the house to get value out of the remodelling and upgrading so searching online for home improvement loans is a good way of getting the start up capital you need to complete your upgrades. We got some great inspiration from Clydesdale Bank about building value into your home to help us determine which home improvements projects to avoid and which to go for. I have compiled some helpful tips that will prove valuable if you have to undertake these projects.

1 – Kitchen remodelling

Many people consider the kitchen the heart of the home. Consequently, any updates to the kitchen are guaranteed to pay off. However, you should be careful not to go overboard and make the kitchen fancier than those of neighbouring homes or the rest of the house.

Don’t invest in a deluxe kitchen

Having an enormous kitchen the size of your living room will make the whole room seem out of place. The style, quality of kitchenware and the size should not contrast the rest of the house and the conventional sizes and styles in neighbouring homes. Keep in mind prospective buyers as you plan your kitchen remodelling, as most people won’t buy a house with a fancy, deluxe kitchen.

Painting is critical

The cost of kitchen remodelling varies greatly and can range from 5,000 to 75,000. To ensure value for your cost of remodelling, make sure to incorporate colours that will go a long way in updating the look and value of your kitchen.

Invest in energy-efficient appliances

Energy Star rated appliances are important for the environment, as well as saving you money on the energy bills. Get an electrician to fit new appliances and lighting to make your home more energy-efficient and it will save you cash in the long-term. You can get more info by looking at electrician’s websites to see what services they offer and what the benefits of updating electricals would be for your home. Prospective buyers usually consider homes that are cost-efficient over homes that would drain their money when looking for property to purchase.

2 – Bathroom addition

Homes with one bathroom should be improved by the addition of an extra bathroom. Estimates by HGTV shows adding a bathroom can result in a recoup of up to 130 percent of the total cost. Getting extra space to add a bathroom should not be hard. Consider extra room sin your house or underutilized ones. Areas under the stairs, as well as closets can serve as potential candidates when seeking for extra space.

3 – Room reinventing

Adding new additional rooms can be very expensive. However, reinventing an existing room or space can save you a lot of money. Consider finishing the basement or converting the attic into a bedroom. You can also add apartments to rent in or over the garage. Consider ways that additional spaces will serve you or potential buyers before demolishing walls and rafters. These uses can range from:

  • Basements serve well as game rooms or second living rooms. This space can also be converted into small apartments for aging relatives or use it for rent.
  • Attic space serves as game room or crafts room especially for houses with high ceilings. Addition of swings can be a creative way to add a playroom for the kids.
  • Flexible and versatile rooms act as greater appeals for potential homebuyers.
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