Your home is likely to be your greatest investment and you can comfortable expect it to slowly rise in value as time passes. However, it is possible to increase the value of your home with the right renovations. You simply need to know what they are.
Cladding
This is one of the easiest things you can do to improve the value of your home is to add cladding. This is an instant way to transform your home and cladding can help to improve the insulation of your property which can actually reduce your energy bills.
However, not all cladding is created equal and while most types will do for a quick upgrade, if you’re looking for a long-term cladding solution then you should consider palliside cladding. It’s tougher and longer-lasting than traditional cladding.
Cladding doesn’t just save you from having to repair your walls and paint your home, it will instantly improve the curb appeal of your home and increase its value.
Kitchen
The kitchen is still the heart of most homes but it can also look dated very quickly. Renovating it will help to add value to your home. However, it is important to remember the kitchen triangle when renovating, this will ensure your kitchen doesn’t just add value to your home, it will also be a practical upgrade.
If funds are tight you can renovate a kitchen by changing the cupboard doors and countertops. Add a fresh coat of paint and you’ll transform it. But, to really add value you should replace the entire kitchen and use neutral colors. This will ensure it appeals to anyone if you decide to sell.
Add A Room
If you’re happy to spend a little then it’s worth considering an extension. This can expand the current living space or give you an extra bedroom. This is certain to add significant value to your home. However, this is not a project that most homeowners will want to take on themselves, it’s worth getting professional help.
If you have the space and the planning permission, an extra bedroom with ensuite is an excellent option as it is both practical and will boost the value of your home.
Expand Outside
An outdoor space is a valuable addition to your home as it expands the living space you have available, allows you to entertain easier, and is simply nice to relax in.
Part of improving the outside should be as simple as landscaping. However, you should also consider adding a deck. It’s useful, surprisingly easy to do, and will add value to your home.
The Basement
Many homes have basements that are not used for anything other than storage. However, in most cases, this space can be comparatively easily converted into additional space for the family. The cost doesn’t need to be significant and, depending on the size of your basement, you may be able to create an extra living room, bedroom, or even a play area. The choice is yours but, if the renovation is done properly, it will increase the value and appeal of your home.