Which are the Main Home Improvements that Pays Off?
Mahadev Desai is the Founder and CEO of gharpedia.com and SDCPL a leading design consultancy firm having strong national presence. He has a degree in Civil Engineering (BE) and Law (LLB) and has rich experience of 45 years. Besides being the Editor in Chief, he also mentors team at GharPedia. He is associated with many professional bodies. He is also co-founder of 1mnt.in the first in Industry software for contractors’ billing. He is a voracious reader, edited 4 books, and pioneer of book reading movement in Gujarat, India.
Making improvements to your home can just be for your own benefit. And there’s no problem with that whatsoever. But if you’re going to be spending a lot of money on the cosmetic and aesthetic value of your home then you might as well be adding to its actual value too.
Home Improvement Ideas That Are Worthy
With the property sector still booming after the announcement of the stamp duty holiday, there’s never been a better time to spruce up your home before putting it on the market. But which home improvements make the most sense from a value perspective? Here we have tried to provide you some home improvement ideas that are worth on spending your hard earned penny:
Home Improvement Idea – 1: Kerb Appeal
The home exterior is generally much easier to spruce up than the interior. Tidying up the front garden and putting a new coat of paint on the front of the house is something that will cost you at most a few hundred quid and some spare weekends but it could add as much as 3% to the price of your property. Because first impressions matter!
If you want to know how to work on your gardens, know it here: Work On Your Garden, It Will Raise Your Home Value
Home Improvement Idea – 2: Make Something Out Of Nothing
Most of us have a room that is there just for storage or as a ‘spare’. For many, that’s going to be either a loft or a basement. These are conversions that will take time and investment to make work but can add as much as 30% to your property value. Note, however, that you’ll need to check you have the right planning permission before going ahead.
Home Improvement Idea – 3: A Second Bathroom
Have you got a space under your stairs or at the back of your house that you’ve always thought of as something of a walk-in cupboard? It might be roomy enough for a downstairs toilet! Or maybe there’s space in the master bedroom to create an ensuite? A second bathroom or toilet could add 10% to the value of your home and you’ll be amazed at the added convenience.
Home Improvement Idea – 4: Spruce Up The Kitchen
The kitchen is on record as one of the most important rooms in the home when buyers are making their final decision. It’s statistically the room where you’ll be spending most of your time (particularly if it’s a kitchen/diner) and there is so much you can do with it. As it’s often located at the back of the home it’s one of the easiest rooms to improve and extend. You could even consider expanding it with a conservatory if your garden is large enough. This could add as much as 35% to the total value of your home, though it is a major undertaking.
Whichever route you decide to go down, if you’re going the DIY path then be careful! Getting injured while working on your home could ruin your year, especially if you are misdiagnosed and have to seek legal help. Ultimately, it’s going to be about being sensible and making the most of the time and the space you have.
On a final note, home improvement ideas are so many, but first of all, think that which of those might pay you off and increase your resale value to your property in future. Therefore, it is a better to think carefully about what home improvements to spend on…
And before you take a leave, if you are interested to do many other home improvements, here we have a useful blog for you: