As the market changes so often, adding value to your property is one of the best things you can do. It’s especially important if you want to make more money selling it than you paid for it. In addition, adding value to your property will often make it a better place to live while you intend to stay there. There are many ways you can add value to your property, depending on how much you want to spend. Here are a few ideas.
Convert Your Garage
If you have garage space that’s just sitting there or used for additional storage, it could be worth converting. Most garages have ample space to convert into another room. If your garage is attached to your home and has a door leading to the property, it could be easily converted into an additional bedroom. For example, turning a three-bedroom home into a four-bedroom home makes it far more appealing to larger families when you want to sell in the future.
Create a Flat
If you have a large property and there is space that isn’t currently in use, you may want to think about sectioning some space off to create a flat or apartment. Many people are now looking for properties that can also bring in an income. A home that also offers the opportunity to be a landlord is highly appealing to the current market. It’s also ideal for landlords looking for properties to add to their portfolios. If one property can bring in two incomes, it won’t stay on the market for long.
Extend Your Kitchen
A large kitchen is a fantastic selling point for any home. They say the kitchen is the heart of the home, so a small kitchen can sometimes stop a property from selling. Designing bespoke kitchens could be exactly what your property needs to add the finishing touch. A large kitchen means a family can eat together every evening, invite friends and family over for holidays and even create practical spaces, like play areas for children, while parents do the dishes.
Add a Conservatory
Adding a conservatory to your home can do many things. Firstly, it gives the home owners more space when needed and secondly, it makes the home more appealing. It gives future owners the opportunity to use the space as they would choose- a dining room, a sun room or even an extra bedroom. It’s one of the best places to entertain during the Summer months because a conservatory is usually placed in the property’s garden.
It’s often not difficult to distinguish what will add value to a property. Sometimes, the most difficult thing to do is get planning permission for the changes you want to make. It can be a long process and depending on who makes the decisions, you may have to appeal. It’s important to seek the advice of an architect with good references before submitting any planning permission documents.
Adding value to your property will certainly be worth it in the long run.