If you’re considering selling your home, you may be asking yourself “How do I boost my home’s value”? Making key home improvements will make all the difference when it comes time to put your house on the market.
There are several renovations you could undertake if you plan to sell your home. However, choosing the ones that will give you the most significant return on investment is critical.
How Do I Boost My Home’s Value?
Consider the value of homes in your area. Don’t over-capitalise on any type of home renovation. Ensure each renovation project adds functionality as well as style. Hire the services of a reputable home renovation company to help you save time and money.
Here are four home extensions that will add considerable value to your property.
Add a Bedroom
Adding an extra bedroom is a great way to make your home more attractive to potential buyers. Families are always looking for homes with plenty of space, and an additional bedroom gives them more reason to choose your house over another. Of course, converting an existing room into a bedroom is usually the best option if you have the area. But if you don’t have an unused space, you could consider adding a bedroom extension to your home. This will be more expensive than simply converting a room, but it will pay off in increased value.
Create Extra Living Space
Another great way to add value to your home is by creating additional living space. An extra living or family room is always appealing to potential buyers, as it provides them additional space to relax or entertain guests.
If your home doesn’t have an outdoor entertainment area, now is the time to add one. Building a patio or deck is a great way to create additional living space and make your home more inviting. Be sure to research when you hire patio builders to ensure you get the best return on your investment.
Outdoor kitchens and fireplaces are also becoming increasingly popular, so if you have the space and the budget, these could be worth considering.
These home additions can be inexpensive and create a whole new living area for your family to enjoy.
Update the Kitchen
The kitchen is often considered the heart of the home, so it’s no surprise that updating this room can significantly increase its value. Even simple updates like painting the cabinets or replacing old hardware can freshen up the space and make it more inviting to potential buyers. You can also look into changing up the countertops to something more modern, and getting a wok burner to sit on them that you can put away if you don’t have enough space on your hob currently.
However, if you’re looking for a more significant project, consider gutting the entire kitchen and starting from scratch—this will boost your home’s value come sell-time.
Renovate the Bathrooms
Bathrooms are another critical selling point for many families, so ensuring they’re up-to-date is essential if you want to get top dollar for your home. Replacing old fixtures and fittings is always a good idea, giving the walls and floors a fresh coat of paint or tiles. If your budget allows, you could also add an ensuite bathroom—this is especially appealing to families with young children looking for additional convenience and privacy.”
These are just four different home extensions that can add value to your property come sell-time. So if you’re planning on putting your house on the market shortly, undertaking one (or more!) of these projects is a great way to increase its sale price.