The days of sprucing your home up with a lick of paint and hiring a handy-man for a weekend before you turn your home around for a quick sale are long gone. The housing market has been in a slump for a long time, and while things are getting better, you still have to think long term if you want to see your home increase in value.
Here’s a look at some great ways to add value to your home in the long term, while making the place nicer to live in short term too. These are home upgrades that you’ll be able to enjoy from day one, and profit from when it’s time to move on:
1. Replacement Windows
Many older homes lack double glazing. If your home has rotten wooden window frames and single panes of glass, then you could be paying far too much to keep the house warm. Replacement windows will cut down on noise, keep your home warmer, and stop drafts too.
2. A Fitted kitchen
You don’t have to spend five figures on a designer kitchen to increase the value of your home. Even a small, simple update such as replacing the cupboard doors and the countertops will be a big boost to the attractiveness of the room. If you like to cook, you’ll be able to reap the benefits yourself too. Kitchen upgrades offer the best return on investment, with many people recouping 80% of the cost of the new kitchen when they come to sell their home. I
3. Luxury Bathrooms
Update your bathroom so that it has a walk-in shower, a chrome heated towel rail, and a wet-room look. These features are standard In many new builds, and ever-popular with buyers. Once you have them in your own home, you’ll wonder how you ever lived without them. Bathroom updates can be quite inexpensive, and if you’re good at DIY, you may even turn a profit.
If you’re short on space, then having a conservatory built is a great way to give yourself some room to breathe. In fact, for many people, the extra space offered by a conservatory is enough to allow them to stay in their family home for a few more years. Conservatories are great as rooms for socializing, dining, or just escaping from the noise of the rest of the house.
If you can afford to do so, consider getting a conservatory with under-floor heating so that you can enjoy it all year round.
Solid wooden floors appeal to many home buyers. They’re a great time saver, and they are always in demand with families that don’t want to have to worry about spills, stains and muddy footprints being tracked around the house. Before you rush out and buy wood flooring, take a peek under your existing carpet – you may be lucky enough to find some good wood under the carpet, and restoring an existing installation is far less expensive than fitting a new floor.