If you were to initiate a Google search for how to add value to your home, the number of results returned to you will be countless. Many of these guides have devised modern ways to supposedly add thousands onto your home’s value, whether it’s via a garage conversion, a basement renovation or anything else that can be classed as a significant alteration.
It would be fair to say that this guide also takes quite a drastic approach and don’t now be fooled into thinking that we’re simply going to tell you to add more mirrors and a lick of paint to the bedroom. The four tips that we’ve included through this article are classed as more traditional ones because they are tried and tested – and have become renowned over the years for adding value to a home whatever the economic climate. We’ll now take a look at some of them in a little more detail, to hopefully make your home appealing to the more affluent buyer.
The Wet Room
If one of your bedrooms is particularly large, a wet room might be the ideal method to entice buyers. There was once a time where the standard en-suite was the route recommended by the experts, but if you don’t have masses of space to work with a wet room can be just as beneficial. Nowadays, there are countless examples of both traditional and modern wet rooms and methods such as tanking for cellars and basements are applicable in this environment as well.
The Attic Conversion
We were debating whether or not to include this, but there is no doubt that the attic conversion has been a common way to reap money out of a property for many a year. Costs for such projects have decreased substantially over time and if you can add an additional bedroom in the new-found space, we don’t need to say anything else about the extra value that can be added onto your home.
Parking spaces are big business and you only have to read about the recent one in Hyde Park that went on sale for £300,000 to highlight this. On the other side of the coin, gardens are starting to become troublesome for many homeowners who simply can’t be bothered maintaining them. Therefore, if planning laws allow, converting your front garden into a driveway can be an excellent way to add some value. In fact, according to property guru Phil Spencer, you could add up to £50,000 in some cases by doing this.
When we say the entrance, we really mean the front of the property. Estate agents will constantly repeat the importance of curb appeal and if the front of your home looks less than desirable, buyers will be questioning why they should meet the asking price. Funnily enough, a lick of paint can make all the difference and by just making your home look the newest and best one out of the surrounding houses, you can give people a reason to dig deep into their pockets.