Your home will likely be your most significant asset and will contribute to your overall wealth. You’ll need to maintain it if you want to sell it for a profit down the line and home upgrades can play an essential role in adding value.
In this article, we’ll cover simple ideas for home upgrades that can improve your daily living experience and enhance property values.
Improve Kerb Appeal
Kerb appeal is the visual attractiveness of the exterior of your house, driveway and front garden. Homes with well-maintained paintwork, fences, shrubbery, plants, grass, and doors will appear inviting and well-cared for. The buyer’s first impression often comes from the outside, so keeping it well-maintained for viewings will increase your chances of selling.
Installing a modern electric garage door will add stylish practicality to your driveway. It’s an easy way to boost your home’s value and make a positive first impression on potential buyers, so look for models with efficient roller mechanisms that don’t rely on traditional metal ceiling tracks for added space inside your garage.
Convert Your Loft to Create More Space
Lost conversions are one of the most effective ways to boost your home’s value without requiring a full renovation. Recent figures from HaMuch suggest that a loft conversion can increase property values by as much as 25 per cent, depending on the location of your home.
If your home is in an urban town or city area, where floor space is limited, loft conversions can be especially lucrative. Generally, your attic space should be at least 2.2 meters (7.2 feet) high, measured from the top of the floor joists to the bottom of the ridge timber. The usable floor space should be a minimum of seven square meters. By converting the space, you’ll gain access to a new bedroom, storage space and potentially a bathroom.
Add Double Glazing for Energy Efficiency
Replacing your windows with new double glazing will keep your home warmer and lower your energy bills. Double glazing significantly reduces heat loss compared to single glazing, resulting in lower heating bills and a warmer home in winter, as well as a cooler home in summer.
Installing double glazing will also reduce noise from outside your home, including the sound of cars on the road and nearby train tracks. Most homes in the UK are fully double-glazed, so if your home isn’t, buyers may be put off. It’s a relatively inexpensive upgrade, with costs averaging around £4,000 for a 10% added home value.
Update the Kitchen
A modern kitchen with a well-designed layout that allows you to sit and eat in it without needing to move to the dining room plays a crucial role in enhancing your home’s value. If your kitchen has a poor layout, add a single-story side return extension. They’re classed as permitted development, so you won’t need to worry about planning permission.
For an inexpensive and simple kitchen upgrade, consider installing new cabinets and worktops. You won’t have to remodel the kitchen and knock through walls completely, but you’ll improve its aesthetic appeal.
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