If you’re looking to work your way up the property ladder and eventually end up in your dream forever home, then you’ll no doubt be aware of how important it is to add value to your existing property. Whether you’re planning on putting it on the market in the not too distant future or a little further down the line, there are constant improvements you can be making in order to increase its value when it comes to putting that ‘For sale’ board up. If you’re needing a little help coming up with ways to make your dream home a reality, here are some of the best ways you can add value to your property.
1. Add an extension
If you can get the right approval in your neighborhood and your budget allows, then building an extension onto your house is one of the best ways in which you can increase its value. You can always extend the living space, but the best option is to add an extra bedroom or bathroom.
2. Convert existing space
Rather than forking out to add an extension to your property, why not convert an existing space? Your attic, basement or garage could easily be transformed into extra living space or additional bedrooms, which will instantly boost your home’s value.
3. Increase storage space
If you can add some extra storage space inside your home, such as built-in closets or shelving, then great. But what about outside? Sheds and garages add great appeal to any home, but if you don’t have one already (or you’ve converted the garage into an extra room), then why not add one? Build your own hut for a cost-effective way to add value to your property.
4. Create blank canvas décor
Give your house a fresh lick of paint, allowing prospective buyers to see its potential. Opt for neutral shades and simple décor so that your house is livable from the off and there’s minimal decoration required for the new occupants.
5. Maximize living space
Before someone comes to value your house, have a clear-out of any clutter that’s causing your house to look smaller than it actually is. Get rid of any out-of-place, over-sized furniture and, instead, maximize all the living space that you’ve got. If you can, turn your downstairs into open plan living for extra appeal.
6. Out with the old
Take a look around your home and replace or fix anything that’s old or broken. Replace old window fittings, fit a new kitchen and bathroom and update your heating and electrics if need be. You don’t need to replace it with the latest, state-of-the-art equipment or technology, but just something that’s more modern and less likely to deter potential buyers.
7. Improve curb appeal
We all know how important first impressions are and, ultimately, you want your home to grab the attention of others at first glance. Doing things such as buying a new front door, painting your front porch, tidying up your yard, building a new driveway or simply adding a few colorful flowers to improve your curb appeal can work wonders when it comes to increasing the value of your home.
So, what are you waiting for? Now you know what you’ve got to do, it’s time to start making the changes that are going to maximize your property value and get you over the threshold of your future perfect home sooner rather than later.
Image credits: All images courtesy of Unsplash0