Whether you have a lightweight house or a home of more traditional construction, you’ll want to get the most amount for it when you come to sell up.
If you bought your home with a mortgage and you still owe money to your lender, it is important that your home does not lose value. This could lead to your home being underwater and you being in negative equity.
But how can you guarantee that you’ll get more than you originally paid for your home?
In this article, we’ll look at some of the ways that you can add value to your property so that you can ensure you don’t lose out when it comes to selling up.
Convert Your Attic
If you have an attic that has not been converted, then you could add a considerable amount of value onto your home by converting it.
You could make the attic of your home into an office space, or into a bedroom. If you make it into a bedroom, see whether you have enough space for an ensuite bathroom too.
Convert Your Basement
If you want to add even more value to your home and you have a basement, you could convert this into a living space. Converting an unused basement into a living space could increase its value by up to 30%.
You could make your basement into a kitchen and dining area meaning you could convert your current kitchen into something else. Alternatively, you could make it into a bedroom. Again, include an en suite for extra value if you have the space.
Build An Extension
Building an extension will provide your home with extra floor space that can be used for any room that you need. Building an extension is quite a costly and time consuming task and may pose the greatest risks and potentially in proportion; the lowest returns.
Even if you have planning permission in place for an extension, this could add value to your home.
Convert Your Garage
By making your garage into an annexe flat, you could increase the value of your property. Make sure that the flat is self contained with an en suite bathroom and a kitchenette.
This is a useful conversion to make if you have two garages or you have a large drive way to keep your cars on.
Refurbish Your Bathroom
Your bathroom will get a lot of wear-and-tear. It gets used a lot and will be prone to looking scruffy. In addition to this, your bathroom suite may look dated. Think about changing your bathroom to make it cleaner and more modern.
Refurbish Your Kitchen
The kitchen is one of the most important rooms in the home. By replacing the kitchen cabinets and decorating the room, you could give it a new lease of life and add value to your home. Remember to find units that provide great storage solutions that meet the needs of the modern family.