Buying a house is probably the most expensive and significant investment you’ll make. It’s a prized asset, which you hope will appreciate with time. When you invest in bricks and mortar, it’s always a good idea to look for potential. If you can add value, you’ll boost your balance when it comes to selling. If you’re thinking about doing some remodeling or revamping, or you’d like to try and increase the value of your home over the coming years, here are some of the most worthwhile renovations.
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Adding a conservatory
Conservatories are an excellent way of adding space and increasing the value of your home. You can choose from modern or traditional styles, and there are lots of different options once your room is complete. You could use the space as a playroom, a writing studio, a reading room or simply somewhere to relax and enjoy views of the garden.
Many people love to make the most of every available opportunity to get out into the garden, and a conservatory is a fantastic way to bring the outdoors in. If you’re keen to go for a natural look, opt for wooden furniture, bamboo mats and potted plants.
If you love to have people around for barbecues in the summer months, it’s ideal to have a conservatory. You can serve drinks and food under cover, and provide a cozy space to retreat to once the temperature has dropped.
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Creating a versatile kitchen-diner
Many people believe that open plan living caters for the demands of modern life better than a series of smaller rooms. If you have children or you regularly have friends over or family to stay, open plan rooms make sense. You can all socialize together, and you can create versatile areas within the same room.
Many of us use our kitchens for a range of different purposes. Gone are the days when the kitchen was used solely for cooking. Nowadays, we do everything from reading the papers and doing homework to catching up with the family and entertaining in our kitchens. If you don’t already have a kitchen-diner, it’s worth looking into the possibility of opening up the space to form one, large room.
If you want to retain a dining area within your new kitchen, you can do this by sectioning off a zone and making it look distinctive. You can arrange a table and chairs, and create an individual look using different colors, patterns, and pieces of furniture. Hang a lamp over the table, lay down a rug and add a vase of flowers or some small potted plants to the table. Drape a throw or two over the chairs to make the space look more informal for dinner with the kids or a quick bite with friends.
If you enjoy entertaining, it’s great to have a large open space to play with. If you’re hosting a party, for example, you can clear the space, hire some drop-down tables and chairs and place an order for wholesale tablecloths from Richard Haworth. Once you’re set up, adorn the tables with fishbowls filled with flowers and candelabra. Lay out the cutlery and crockery, and add a personal touch with customized place cards or napkin holders.
Most people prioritize the kitchen when they’re looking to buy a new home, so investing in this room will almost always pay off.
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Converting garage space
Do you wish you had more space downstairs? If so, you could consider converting part of the garage. If you don’t need a double garage, you could turn half of the existing area into extra living space. You could make a games room, a study or even an extra bedroom. Studies show that most people who have a garage don’t actually use it so this could be a redundant asset. By turning into a functional space, you’ll add value, and your home will be more appealing to buyers if you choose to sell up.
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Making use of the loft
Do you have a loft, which currently has no role but to house Christmas decorations or old photo albums? If so, it’s definitely worth considering a loft conversion. If the space is big enough, and you can get permission, this is one of the most cost-effective renovations you can carry out. By converting the loft, you can add at least one extra room. This could be a study or studio, a spare bedroom or a new master suite. If you’ve got that extra room, your target market will increase in size when you sell. A house that was previously suited to a couple could be a viable option for a family, for example.
When you’re considering a conversion, it’s useful to consider different ideas and to get a few quotes. Don’t go for the first firm you call without checking with others first. You may find that ringing around gives you inspiration, as well as saving you money.
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Upgrading the bathroom
Most buyers will look at the kitchen first, followed swiftly by the bathroom. If you haven’t refurbished the bathroom for a long time, it may be worth refreshing the decor, and adding some modern touches. If you’re targeting a family market when it comes to moving on, it’s a good idea to maximize the space as best you can. If you haven’t got room for a shower unit and a bath, install a shower over the bath. Fit shelves and wall-mounted units to prevent clutter, and create the illusion of a bigger room. Boutique hotel style bathrooms are all the rage at the moment, so consider adding an oversized mirror, a smart vanity unit, and tiled flooring. If your bathroom is in good shape, you can add a touch more style and pizazz with matching colored towels, candles, and a vase of fresh flowers.
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As a homeowner, it’s natural to want to protect your investment and to grow your money if possible. Whether you’ve got a new or an old home, there are usually things you can do to add value and make your home a more saleable entity. If you’re considering doing some work, bear these pointers in mind, and you should find that you reap the rewards when you decide to move on to pastures new.
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