Once you decide to give your home the renovation it deserves, there are multiple things that you need to know. The very first thing that you should evaluate is whether this renovation will add something to your home or will deteriorate its existing value. .even if your research and evaluation translate to some positive outcomes, you can’t be completely sure as everything is based on the future. For some people, home is their biggest investment, and it must grow. There are multiple reasons for the renovation you want to get done. The most common ones are when you are planning to sell your property or in case you simply want to add some tools for future-proofing. However, there are a few things that you must know before signing the deal with a builder. The first thing you can and should do is to hire a local agent and cross-check with all the planning that you have in mind. The agent will be able to give you better recommendations as they know the area much better.
Let’s go through a few tips that will help you in adding more meaning and valuation to your home or any other property.
Tips To Add More Value To Your Home Within Budget
Extend The Build Area
It is the easiest way to add significant value to your home instantly. These extensions will give your home some extra square feet of space. If you are planning to keep living here, the extended area will give you more space to otherwise tied up living space.
Transform The Attic
If you have an average-sized home, there are quite high chances that the attic space is not put to any use. You can transform it into a cozy living area and there are certain reports that state that converting your loft smartly can add up to 15% to your existing value.
Dig Up a Basement
After you are done with the attic, it’s time to get to the basement. You can build a habitable basement with all the essential things and it will be especially helpful for the urban homes that just don’t have any space to add extensions.
Kitchen Renovation
Having a modern kitchen these days will add to your home valuation quite significantly. As per the reports, the value add-on that you will get by renovating the kitchen will revolve somewhere around 10% and you should keep it in mind while investing your funds.
Add a Garden
If the housing layout permits, you should add a garden area where you can grow some plants or vegetables. The heating and drainage system should also be properly added to space. It will add up to as much as 5% to the overall valuation.
Restore period components
Though the actual percentage of the added value is quite hard to calculate, but getting your period pieces retouched will allow you to get the original look back. For these items, you must not try the DIY techniques.
Modern Flooring
Having a modern and renewed flooring will significantly influence the overall value of your home. Once you step out in the market looking for one, you will be able to find the right option from high-end carpet to designer or minimalistic tiles. The wide range of options will allow you to choose according to the interiors.
Modern Flooring
Add Another Bathroom
Having two bathrooms will add no less than 7-9% to the overall valuation. There is one thing that you must note is that if your home has 4 or more rooms, it’s must for you to have two bathrooms. If it’s a multi-story building, every floor should have a bathroom. These are a few tips that you can manage to implement without incurring any heavy costs. Apart from these renovation tips, you can also give your home a complete new look by using some good quality paints.
