You may want to see the price of property go up, or perhaps you want to make money from the holiday letting. Whatever your intentions, there are plenty of potential ways to add value to your home. Here are just four.
First impressions really do count, and just a small amount of effort and money can result in great rewards – both financial and in boosting the selling or renting potential of your home.
Look at your front door. Has it seen better days? If so, scrub it down and give it a lick of paint. New door furniture will complete the look. Just take care when choosing your paint colour, as if you have a south-facing door it can be prone to cracking if you choose dark colours which will retain the sun’s heat.
Simply polishing your letterbox, house number, knocker and doorbell can make a big difference, as can weeding and brushing outside and adding a few potted plants if you need a hint of green.
Whether it’s loft conversions in Bristol, cellar conversions in Cardiff or a garage changeover in London, these areas can be huge sources of financial rewards. Professional jobs carried out by companies such as http://www.caineslofts.co.uk/ can add a study, playroom, bathroom or bedroom to your home, adding value as well as appeal.
Creating either storage or living space in your cellar, for example, can add up to 30 per cent, and converted garage spaces could boost your property’s price by ten per cent of its overall value. Just remember that you may need planning permission.
Loft conversions are another excellent way of adding value, offering the potential to boost the price of your property by 21 per cent on average.
The price of your home could go up by five per cent by adding an en suite or a second bathroom. Just beware of sacrificing a double room to make space, as this can do more harm than good.
Energy-efficiency is big news, and The Energy Saving Trust says that you could save as much as £145 each year just by laying loft insulation yourself.
As well as saving you money on bills, you could also see your property price rise by six per cent because of increased energy-efficiency.