Home Renovation Projects That Can Add Huge Value To Your Property

Selling your home, especially after years of ownership, can see you receiving a very nice profit as the housing market continues to soar. A house that may have been worth £100k when you purchased it a few decades ago may easily have gained £80k to £100k more in value, and that profit is all yours on top of whatever you've paid off on the mortgage. But of course, there are certain things you can do to further increase those profits by raising the overall value of your home via renovation. To help you with deciding on renovation projects that may be worthwhile for your home, here are a few suggestions for you to consider.
House Renovation Projects
House Renovation Projects

Deal With Problems That Reduce Value

A property can be plagued with many problems that can drop property value, often resulting in lower offers from homebuyers. What you have to remember is that if a buyer is going to have to pay out thousands of pounds to fix a boiler, or repair structural damage to the property, then it makes sense that they would try to get that estimated cost knocked off the sale price of the property. After all, it's what any of us would do if we were in their shoes. This is why it's important to try to make these essential repairs so that there are no major issues for buyers to be worried about. You should also remember that major problems with the property could even dissuade buyers from making an offer altogether, and you then may only be left with a few low offers without much room for negotiation on the final price.

Add A Loft Or Cellar Conversion

Many houses around the country have a lot of unused space in them, and some of the most common areas that aren't utilised are cellars and lofts. Cellars are often avoided because of their dark and dingy atmosphere, and lofts are often hard to reach, even with an in-built ladder. Boarding a loft to make it suitable for storage is always a great idea for a home as you can use this area to declutter your home, but converting your loft into a brand-new room, such as an office or a bedroom, is an even better use of this space. You'll also want to consider adding a permanent staircase to this room so that it doesn't feel like a challenge to get up there. You could also consider renovating your cellar and turning it into a chill-out space or a workshop if you have a craft hobby.

Consider An Extension To Your Property

As well as renovating an entire room, you could even create a brand new one via an extension. Expanding your property is a fantastic way to add some value to your home, as long as you make sure the project doesn't cost you more than you feel you can add to the overall value of the property. This is why you should be conscious of what purpose your extension will serve. If you were to add another bedroom to convert your two-bedroom home into a three-bedroom home, you'll be adding a huge amount of value, which could be upwards of £20k. It's worth hiring a skilled architect if you're looking at working on an extension to your home, especially if it'll be a large project. An architect will be able to ensure that the extension is feasible, and they'll also be able to suggest other useful additions and changes to your plans which could make the whole project even better.

Renovate Your Kitchen

When it comes to renovation work, it's said that the kitchen is one of the most important rooms to work on. Many people take out a loan specifically to have a new kitchen fitted or redecorate and renovate the room themselves. The work that needs to be put in for a renovation project like this is much more than most other rooms, including the living room, dining room, and bedrooms. Most of these rooms simply need a fresh coat of paint and adding new furniture. When it comes to a kitchen, however, new cupboards need to be fitted, new appliances will need to be bought, and you might have to do things like tiling work, too. You will likely also need to hire a professional plumber and engineer for work like installing a new dishwasher, sink, or cooker. Because of all of this work, many homebuyers will accept a higher property cost when a kitchen has been freshly renovated, and many others may decide not to place an offer on a home with a poor-quality kitchen due to how much it will cost to do it themselves.

Redecorate The Whole Property

House Painting and Decorating
House Painting and Decorating
First impressions are always important when showing buyers around your property. One way to improve those impressions is to ensure that your entire home is well decorated and that it can give those buyers a good idea of what the place will look like once they move in. It may also end up assuring them that they will have limited work to do unless they really dislike the decor you've chosen, of course. While it's important to remember that everyone has different tastes, a clean and freshly decorated home can still improve those first impressions and encourage more buyers to make an offer on the property, which will naturally drive the final accepted offer up.

Replace Your Windows And Doors

When certain parts of your home start to degrade, certain parts will have more of an impact on the feel of the whole house than others. One particularly problematic one is doors and windows. There are many faults that windows have, such as a badly sealed window frame which will naturally let in more cold air, reducing the insulation of your home. Door frames can also be an issue here, so if this is a problem in your home, you might want to consider replacing your doors and windows. Along with replacing your windows and doors, also consider adding new curtains and blinds to add to the beauty of indoors. In this regard, you can choose some of the best custom blinds and curtains from Stores Selects Canada. They have the best range of custom blinds to fit your needs. This will make a stark difference to people considering buying your property, as these things are often noticed. If your doors and windows are obviously worn and old, a buyer may offer lower than the asking price of the property, as they'll be well aware that these will need replacing at some point after they move in. As well as this, new doors and windows can be very aesthetically pleasing and add to those first impressions we discussed earlier.

Can we help you further?

To find out more about how we could help you with project management, renovation project or property staging for your property complete the online enquiry form or check out our other home staging services.

You may also like these articles...

Home Staging and Property Blogs
How To Make Your Driveway More Appealing Renovating a House: Ultimate guide to home renovation Design for Wellbeing & Sustainability Using Staging & Photography for Faster Sales Staging Your Property for Rent Appeal Style Furnishing apartments HMO and Air BnB Styling a Holiday Home Costs of Central Heating Failures and no Boiler Cover Why Coronavirus has led to a requirement for storage The hidden danger of asbestos in home or workplace Kerb Appeal to your Property How Parquet Flooring Boosts Home Value Tips For Scheduling An Extension Project Colour Trends in 2021 Is Your Home Clean Enough, or is it a Health Hazard? 3 Ways To Add Personality To A New Home 6 Tips For Choosing Cabinet Makers For Your Bespoke Kitchen How to increase the value of your garden before selling your home Electrical Safety for Homeowners: 5 Signs You Need an Electrician Making the most of a small bedroom - our top tips How beautiful interiors affect our lives Pros and Cons of various composite door materials Quick and easy outdoor staging techniques for home sellers The Garage Dilemma: Navigating the Pros and Cons of Buying a House with a Garage Exploring the latest in Smart Home Technology Incorporating water features in Home Staging Understanding the Role of Colour in Flooring Design How to Transform Your Space into a Smart Home and Office Add Warmth to Your Home with Bioethanol Fireplaces Enhance Your Home's Aesthetic with the Latest Solutions for 2024 How to add Value to your Home Ways to maximise your small garden A guide to decorating a child's bedroom
4 Easy ways to impress people during open house visits How Home Staging resulted in 9 offers to buy Selling a Lifestyle not just a House Why Stage a Property for Sale? Creating a Decorative Garden Low maintenance Garden ideas on a Budget Property Extensions and Construction Tools needed Home Improvement tips and topics Things that make your home more valuable What Do the Different Parts of a Home Insurance Quotation Actually Mean? How to make your home universally appealing before you sell it Roof Staging - 3 Things Homeowners Should Know 5 Hotel Bedding Trends You Can Replicate At Home Harnessing a Chevroned Wood Flooring with Your Decor 7 Essential Steps To Prepare Your Home For Guests Home Renovation Projects That Can Add Huge Value To Your Property 7 Tips For Choosing The Right Builder For Your Home Enhance Your Cultural Side with Stunning Boho Rugs for Your Home Decor How to prepare your house for climate change Concrete Vs Tarmac - Which is best for your drive Experience the Best: Linear Drains From Wetrooms Design Decluttering with Understairs Storage Green and Sustainable Bathroom Renovations: Eco-Friendly Upgrades Adding Depth and Personality with Thoughtful Art Selection From Start to Finish: Planning Your Dream Garden and Pathway Trendy Window Designs to Elevate Your Home Decor in 2024 Creating an attractive entrance for your property How To Plan And Execute Your Home Renovation Improving Your Home's Kerb Appeal What are the best property developments to add value