How To Add Value To Your Home

Making your home energy efficient saves you money as well as adding value to your home in the long run.
How to add value to your home. We looked at dozens of homes last spring and there were many where i wanted to immediately take down walls to create a larger kitchen or living space. Many of the eco friendly home improvements you can make such as adding insulation and fitting solar panel heating make a big difference to your. Loft conversions cost around 20 000 on average but they could boost your home s value by 40 000 according to spencer. Convert your loft spend 20 000 add 40 000.
That s a big project for the average homeowner. Loft conversion to add a bedroom. Redesigning your garden making sure it is not only attractive and well designed but also tidy can not only add value to your home but will also help to make the property more appealing to buyers. The research team at zillow dug into 100 common terms found in home listings from 2017 2018 and unearthed the home improvement projects most likely to add value to your home today and put more money in your pocket when it s time to sell.
Some sources estimate that an eco friendly house can fetch up to 6 more than a standard one. Homeowners looking to add floor space could significantly add value to their home. Kitchen renovations extending your kitchen is one of the most profitable renovations you can do and adds on average 10 to the price of your property. Most lofts can be converted but it s worth getting an architect or builder to double check before you start.
An updated kitchen appeals to a buyer s emotions and a homeowner s wallet because if done correctly it can give you close to a 100 percent return on your investment. The same thing goes for the bathroom especially the master bathroom so consider getting double sinks jet showers and a whirlpool or spa tub. An overgrown garden will do nothing in increase the value of your home a paved patio area and neat borders will all help increase its appeal. Another project that could add value to your home is removing walls that hinder an open concept flow.
It can add on average about 11 to the value of a property and likely more in high density areas like london. The draw of your kitchen to party goers has the same value to potential buyers so a kitchen remodel is one of the best ways to add value to your house. To add value to your home invest in quality wooden cabinets stone countertops and stainless steel appliances since the kitchen is often a big selling point for buyers.