Top House Improvements That Raise the Property Market Value
Nov 25, 2022
Are you looking to improve the value of your property? Investing in some house improvements is a great way to add significant value to your home and make it more attractive to potential buyers. Plenty of options are available, from small, cost-effective changes like replacing fixtures and fittings to larger projects such as an extension or loft conversion.
This guide will explore the top house improvements that raise the property market value so you can decide which investments will give you the best return.
Improve Curb Appeal
The roof is the most visible exterior feature of any home or business. And it’s one of the first things potential buyers notice when evaluating a property. The team at amroofingva.com can help you improve your curb appeal by assessing how much life is left on your roof and replacing old shingles if necessary. Replacing an aging roof with new shingles featuring the latest technology will dramatically impact your property's look and significantly increase its market value. Modern materials are available that are designed to reflect more heat for better energy efficiency, are easier to maintain, and come in stylish designs that will add beauty and character to any structure.
A team of professional roofers can also help you to choose the right color scheme for the roof. If you have brick walls, a team of experienced professionals can suggest colors that will complement them. By choosing an appropriate color, your home or business will stand out in the neighborhood and attract more potential buyers.
Convert Your Loft
Converting your loft can add up to 20% to the sale price of your home, making it one of the most cost-effective ways to improve your house while also increasing its market value. Aside from its financial benefits, converting your loft provides additional living space that can be used in whatever way suits you best. Whether you would like an extra bedroom for visiting family and friends or a home office for working from home, converting your loft gives you the freedom and flexibility to design the perfect space for you and your family.
Converting your loft is relatively simple and straightforward; all that’s required is the installation of a staircase and insulation, as well as adequate ventilation. Then, all that is left to do is decorate your new space, with options ranging from stylish wallpaper to sleek paneling. Once the conversion is complete, you can enjoy all the benefits of additional living space without compromising storage or style.
Upgrade Your Kitchen
Upgrading your kitchen is one of the most popular home improvements that can drastically increase the value of your home in the real estate market. Refresh your kitchen with up-to-date appliances, modern materials and designs, and other features like a custom island or new countertops. By making these changes, you’ll create a more desirable look for potential buyers and make more money when it comes time to sell. From increasing appeal to potential buyers to improving your home's overall atmosphere, numerous benefits are associated with upgrading your kitchen.
These changes will add more “curb appeal” to your property by giving it a fresh and inviting atmosphere that draws attention from passersby. Potential buyers may be drawn in by a newly updated kitchen, giving you an edge in selling your home. A quality kitchen renovation can also significantly boost the value of your property, as it’s one of the most desired features for potential buyers.
Convert Your Garage
Converting your garage into a useful space is one of the most cost-effective ways to increase the value of your property and make it more attractive to potential buyers. A well-converted garage can add as much as 10% or more to the market value of your home, making it an excellent way for you to get a great return on investment.
One of the main benefits of converting your garage is that it adds extra room to your house without building from scratch or taking up any valuable garden space. This additional room gives you greater flexibility when using and furnishing your home while also providing a valuable asset if you ever decide to sell in the future. Adding another room to your property can save you money on heating bills, as it reduces the need for a larger home.
Another key benefit of converting your garage is that it significantly improves the curb appeal of your home. An attractive and well-converted garage can make a positive difference and enhance the overall appearance of your property, making it more desirable to potential buyers. The additional space also gives you added flexibility regarding storage solutions and other practical uses, such as an office or gymnasium.
Making improvements to your property is a great way to increase its value on the market and make it more attractive to potential buyers. Hopefully, this guide has given you some insight into the top house improvements that raise the property market value so you can decide which investments will give you the best return. This list is not exhaustive, so research before committing to any investments to get the best return on your money. And don’t forget - always consult a professional when undertaking any major renovations or remodeling projects.