Home Improvement Projects to Increase Your Home’s Value

Sarah Parker
Authored by Sarah Parker
Posted: Friday, June 28, 2024 - 21:32

Selling your home is a stressful thing to do. This isn’t something you need telling, as it is no secret that the property market isn’t the most fun place to be for buyers or sellers – but buy and sell we must. When it comes to selling, it is only right to want the best possible offer, whether to increase the affordability of your dream home or simply square away some profit-money for a rainy day.

House values are heavily contingent on market and geographical factors, but this doesn’t mean you can’t have your own impacts on the value of your property. Indeed, there are some home improvement projects you can start right away, that can add a significant amount to your home’s projected value. What follow are a basic three, which are accessible price-wise and which pay dividends near-universally.

Convert Your Garage

If you have a garage, it is likely the case that you are not using it to its fullest extent. Indeed, a recent survey of homeowners found that the majority of domestic garages in the UK are too full of rubbish to be used as they are intended: to store vehicles. This is a great deal of square footage, and a great deal of wasted potential too.

With a little forward planning and a little elbow grease, you could convert your garage into another living space of practically any kind. Minimal intervention could see your garage turned into a functioning exercise or recreation space, while a more involved refit could make it a viable extra living room or even bedroom.

Add a Second Bathroom

Just as extra bedrooms are a surefire way to improve the value of your home, so too are bathrooms. While smaller homes might not benefit particularly well from such luxury, if you have the potential for extra bedrooms in your property then installing a second bathroom can be a lucrative move.

A new bathroom is also an opportunity to introduce new modern bathroom features into your property, with their own intrinsic value. A quick tour around your local bathroom showroom will give you some indications as to the direction of bathroom décor and technology today, so you can put something compelling together for your prospective buyers.

Upgrade Your Heating

Home heating systems are a crucial consideration for any home, and even more so right now for being at the centre of more than one present-day challenge. Energy has gotten more expensive for everyone in the UK, and a wholly different cost is being exacted from our reliance on fossil fuels and inefficient heating systems too.

Between environmental concerns and affordability concerns, new and efficient central heating alternatives are enjoying a great deal of popularity in the property market. This might be a good opportunity to upgrade your home’s own heating system to benefit from lower costs in the winter, and a lower carbon footprint overall. Heat pump systems can be expensive to install, but will make their money back in time – and especially when you come to sell.