The Best Ways To Add Value To Your Home

Hey Cats,

If you are a homeowner then there can come a point in your life when you have to decide what to do next; will you put the house up for sale? But even before that, you need to think about if the house is in a good position to be sold, and if you would get the money that you want (and need) for it. Plus, if you want to work your way up on the property ladder to eventually get to your dream home, then you need to know how to really maximise the value of where you live now, planning to sell or not. So with that in mind, here are some of the best ways that you can add value to your property; are there any here that you had thought of before? It would be great to hear what you think.

Convert a Cellar

If you have a home with a cellar that is pretty much a wasted space, and perhaps only used for storage at the moment, then it can be a good idea transform the space as it can really add a lot of value to your home (in the region of around 30% no less). So that can really be a large sum on money when you think about it, as people really do put value on the number of useable rooms in a home, rather than things like the size of a garden, for example. Converting your cellar into a room can also be one of the least complex home renovations to do as well, because it qualifies as a ‘change of use.’ So in terms of planning permission, it means that which means you don’t actually need any, which can be a cheaper way to do things, and a less timely way to do it too.

Split a Large Home into Apartments

If you are lucky enough to have a home that is large enough to be converted into one or two apartments or flats, then financially, that can be something that is really worth doing. Especially if you would live in one and rent out the other, it can make a lot of financial sense. The value of converting a home can add around 30% as well, so it could be worth looking into. You will need to be in the right location for this kind of thing, though, as that will play a big part in if it will work or not; is there demand for smaller properties where you are?

Convert a Garage

If you have a garage space, which again, is pretty much like the cellar and just used for storage, then it can be a good idea to convert it into a more useable space, especially if you have somewhere to park that isn’t the garage. It can add around 15% of value to the property, so that is worth calculating before you start looking at what you need to do and how much it is all going to cost you. In fact, would you ever consider using a guarantor if you have bad credit for money that you need to borrow? That could be a way to do things. There will be certain building regulations that you will need to adhere to, so it is important to look into those things as well. But pad it out with insulation, heating, and flooring, and it could be a great office space, playroom, TV room, or even bedroom.

Loft Conversion

One of the most popular renovations in the home is a loft conversion, as it uses and creates a lot of space, and can add a lot of value to the home (15%), as well as appeal should you come to sell it; it can be a real talking point. It can be worth getting someone in to see if your loft space can be converted, as it will depend on the shape and size of it all.

Once you start the planning of it all, if it is all good to go, then you’ll need to get to grips with the types of conversions that are available. There are many options that range from a roof light conversion, which is the one that needs the least amount of structural work, as well as it being pretty cost-effective. Or there are options like the more expensive mansard conversion. They all have different things to offer and it will depend on the type of property that you have, from flat roofs and so on. Just things to consider.

Add Living Space with a Conservatory

If you want to feel closer to nature and let a lot more light in, as well as create plenty more space, then a fully glazed conservatory can be a good way to invite the outdoors in. To get started, it can be a good idea to think how you want to use the space and whether going for a modern or traditional style will be best for the look and layout of your home, as well as your lifestyle and what the space will be used for. The biggest part of your conservatory will be the glass, so that is important to explore your options fully. There are so many options out there, from double to triple glazed, to self-cleaning glass and so on.

A conservatory is a good way to add value as well as floor space, and if that is what you need in the home, then it can be worth doing. It will add around 20% value to your home, so that should be taken into consideration when pricing up how much everything is going to cost.

The bottom line when it comes to renovations is to check what value it will add, and if you will get your money back by doing it. For example, a new driveway can be pretty pricey, and they don’t add much value, rather jus curb appeal. So if you were doing it to purely sell the house, then you may not get as much for your money. So weigh up all your options to find the best one for you.


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