A lot of homeowners are convinced to renovate and update their properties simply for the buying market at large. This is usually in the hopes that an attractive prospect will take a chance on the property and pay the exact asking price for it.
But this can be quite a challenging way to try and sell your house. It makes sense to upgrade to fit market desires, but you have to remember that anyone buying the house is going to have the same wishes for the space as you did when you first moved in.
So what was it you were looking for all those years ago? Maybe you wanted a great little starter home, that would let you build up your funds and send your credit into the green? Or maybe you wanted a nice two bed home, as you and your partner wanted a space where you could happily expand the family?
Whatever the reason, anyone looking at your property now will have the same kind of motivation behind them!
But seeing as you’ve been living here for a while and have the chance to upgrade, you can boost up the next owner by offering a few extra amenities. And yes, you can both charge more for these AND get plenty of use out of them in your own time too!
Let’s double up on the value-boosting additions you’re planning to make by ensuring you get more than just money out of them. Here are some renovations/upgrades to do that’ll benefit everyone who ever lives in your house.
An Extra Room
An extra room in your property is quite frankly worth its weight in gold. When there’s another room to make use of, in any way you see fit, your home can become an incredibly convenient hub in your life.
It’ll be easier to work from home, in a way that allows you a private, quiet, and dedicated space. You can shut the door behind you, rather than try and cordon off a bit of space in the bedroom or living room.
It also means you can set up a hobby room, which will both give you the space to practice your activity and also get the equipment and/or materials for it out of every other room! One extra room in the home means a tidier and more spacious home everywhere else as well.
And the cherry on top of all that is that you’re going to attract a lot more market attention. Buyers love it when more function has been squeezed out of a predefined space, whether you needed to put an extension on your property or not.
An Air Source Heat Pump
Air source heat pumps are like air conditioners, in that they take in whatever air is already blowing around in a space and push it back out at a different temperature. Unlike an air conditioner, however, they don’t make the air cooler!
A heat pump like this attaches to an external point on your property and is then plumbed into your central heating system. Once the air pump has been installed, you can rely on the natural outdoor air to be funneled into heating for your home. No air gets lost along the way, as the air is simply indoors now, rather than outside.
But seeing as this is just one of many energy efficient additions you could invest in, why should you consider it if you’re thinking of selling your home? Well, as a company like All Seasons Energy will tell you, using the air as a heat source tends to make properties much more efficient at temperature regulation in colder weather.
You’re unlikely to pay as much on your winter heating bill with an air source heat pump, compared to a traditional electrical and/or gas powered heating source. So if you’re going to be selling any time outside of summer and early autumn, this will help you save money at a time when you’re already forking out for a new place to live!
Plus, it’s a great selling point to have when you’re trying to attract as many buyers as possible.
An Ensuite Bathroom
Everyone dreams of living in a house with an ensuite! It’s a little slice of luxury that’s more approachable and affordable than most other home renovations.
Indeed, ensuites don’t tend to need much room, nor do they have to be built on a side of the house that has access to natural light.
You can turn what was once a gap in the hallway into an ensuite, or combine this space with the space that’s usually occupied by your wardrobe. Get an ensuite into place and you can create more of a walk-in closet!
Garden Landscaping
Last but not least, turn your attention to your outdoor perimeter as well. The garden landscaping can add a good 2-5% more value to your home when it’s done well. Both curb appeal and backyard appeal can soar here, and everyone loves a good looking property that incorporates a healthy sense of nature!
But aside from all that, you can also enjoy your new garden space as well. You’ll have more greenery, a larger and cleaner deck and/or patio area, and even some space to eat outside in the summer too.
This is also your chance to think about outdoor storage, and consider putting a shed up. If need be, this can be turned into an ‘outdoor room’, and that can add another 1-2% value onto your home!
Let’s Make Your Property Valuable and Usable
Even if you’re going to sell your home at some point, it’s always better to invest in renovations that you can live off of as well.
After all, you never know how the market will change or if house prices will fall, but you do know that you’ve got a lot more use and convenience out of the property you’re looking to one day get a high price for!
