Whether you’re looking to sell your home or wanting to give it a new lease of life so you can continue to enjoy it without having to move, here are some ideas that will instantly add value to your property.
#1 Curb Appeal
This is one of the simplest and cheapest ways of instantly transforming a tired-looking property into something to be proud of. Easy fixes such as a tidy, well-kept lawn, some attractive shrubs and a clean, clutter-free walkway are important steps that will immediately create a great first impression.
If you don’t know where to begin, think about hiring a local landscaper or gardener to help you. It could be well worth the investment particularly if you’re thinking of selling up. Many buyers make their decisions on a property in the first few seconds of seeing the condition of the frontage.
#2 Doors and Windows
You’ll be amazed at how you can totally transform the appearance and feel of your home with new internal doors and windows. Not only do new windows look better, they will improve energy efficiency and can add almost $9000 onto the value of your property. While new internal doors may not add much to the value, they will improve the overall décor, create a fresher feel and depending on style, might even serve to open up the layout flow to give the impression of greater space.
#3 Beautiful Bathroom
Bathrooms can be a real deal breaker so it pays to have an overhaul if your bathroom has seen better days. If you’re updating one then it will also make sense to update them all to add even more value to your property. Bathrooms have become places of luxury in recent years and not just places to complete your ablutions. Sit down and plan what you can afford to add little touches of luxury to your bathrooms. Think about redecorating with light colors, a fancy bath screen, stunning mirrors, elegant lighting or a freestanding tub.
#4 Attic or Basement Conversion
This is one of the more expensive renovation projects but can dramatically increase the value of your home. If you have an attic or basement, the easiest way to gain an extra bedroom, bathroom or games room is to convert this unused space. Whatever you spend on an attic conversion you could double that amount in value added to the property. You’ll add light and space, perfect for growing families when space is at a premium. You may also want to consider adding a bathroom to an attic or basement if you’re converting it to a living space.
#5 Update the Kitchen
A good-looking, modern kitchen is essential when improving your home. Most kitchens can be transformed without spending a fortune, if the foundations are in good condition then it may just be a case of replacing cupboard doors and worktops. You can change the layout, add new handles and update the sink and faucets. Flooring can be installed which will make the space look modern and hygienic and new lighting configurations with halogen bulbs will light up the room in clean hues, perfect for kitchen areas.
#6 Remodel the Space
Adding space like an attic conversion is an expensive option but if you have a more conservative budget then think about remodelling your existing space to be more effective. Improving the flow of heavily lived in areas such as kitchens, living and dining rooms will also increase value. Draw a floorplan and see what can be achieved by adding or removing internal walls. Think about whether the home needs formal corridors or hallways or whether open plan living might feel fresher and more contemporary. Having less but bigger, airier rooms could be the way forward for adding value to your property.
#7 Sunroom and Decking
Adding a sunroom onto a social area like a kitchen or dining room is a great, economical way to increase the square footage of your home. Buyers will be looking for a good flow between indoor space and outdoor living so a sunroom is an ideal solution for more family living space. Outside decking is another cost-saving installation that buyers will appreciate. Using good quality materials and creating an interesting shape with attractive features will go a long way to adding value to the home. Smart, well-designed outdoor living is just as important as a well-designed interior.