Increasing their home’s value is a top priority for most London homeowners. And with good reason: for many of us, our house is our biggest single asset, so getting the best return on investment is super important.
Home improvement is a topic without limits! Whether you’re planning to sell your property or simply wanting to boost its value, the options are endless. Generally speaking, the only restrictions are the limits of your creativity and the extent of your budget!
So, what’s the best way to increase home value? The key is knowing where to spend your money. And sometimes it takes surprisingly little to totally change the look, feel, and functionality of your home.
At Combit Construction, we love working with our clients to achieve the best result for their investment. That’s why we’ve taken the time to list out our top 6 tips on how to increase home value in 2021:
1. START WITH AN EVALUATION
You might find yourself wondering “how can I find out how much my house is worth?” Before you embark on any home improvements, it’s a good idea to get a current appraisal of your home. This simply means asking a real estate agent to visit the property and give you an idea of where it sits in the current market. Use this opportunity to discuss your home renovation ideas and get their opinion on whether what you propose to do will add value to your home.
2. GARAGE CONVERSION
Looking for a way to acquire a bit more breathing space without changing the footprint of your home? Welcome the garage conversion North London! Why not turn this dark and uninviting space into an extra living area? For many London homeowners, a garage conversion is a perfect way to gain another bedroom, a home office, or some extra kitchen space, without the expense of an extension. With a team of experts on your side, it’s not difficult to blend your garage into the rest of your home – innovative design and creative use of space can ensure that you add real value to your property while gaining that extra space you so badly need.
3. RECONFIGURE YOUR SPACE
Sometimes a reconfiguration of your space can totally transform the functionality of your home. Talk to your renovation experts about moving internal walls to create open-plan entertaining areas and combined living spaces. Adding a skylight or oversized window helps to enhance that light and airy feel, often making rooms feel much bigger than they really are.
4. UPDATE THE KITCHEN
As we all know, the kitchen is the heart of the home and if yours is tired or outdated, it can negatively affect the value of the home. Giving your kitchen a facelift doesn’t have to cost a fortune: a fresh coat of paint, a new countertop and some contemporary handles and drawer pull can work wonders! And if your budget allows it, consider replacing the old flooring with a more modern alternative such as tiles or vinyl.
5. REFRESH OR CREATE AN OUTDOOR AREA
Outdoor living and entertaining is becoming increasingly popular and a great alfresco area is a sure-fire way to add value to your home. Talk to your renovation professionals about the best ways to integrate outdoor and indoor living spaces and create a seamless harmony between the two. Beautiful outdoor living zones require forethought and planning, but when properly executed they can dramatically raise the perceived value of your home.
6. GO GREEN
Nowadays, energy efficiency is a big deal, and energy-efficient homes are popular with prospective buyers. Adding an extra layer of insulation mightn’t seem particularly glamorous, but it’ll greatly help with maintaining a constant temperature inside your home all year round. Energy-efficient light fittings are a no-brainer and installing ceiling fans is a great way to reduce the need for air-conditioning. Replacing or installing a new window? Modern double-glazed windows are far more efficient than the old single-glazed ones, helping to reduce heat loss during those cold winter months. As well as increasing the value of your property, opting for energy-efficient improvements will help to lift the bottom line on your home expenses too!
Contact Combit Construction today about how to add value to your home. Igor and the team can help you achieve your renovation dreams and ensure that you get the best return on investment for your property in 2021.