Making some first home improvements will really help you to add to its value before you decide to sell your house and buy a new one. It can also be a great opportunity to explore how you can make various home improvements and allow you to become smarter with money. This article will outline what home improvements you should consider carrying out and why they add such value.
Simple Improvements
One of the easiest things you can do to increase the value on your house is painting, renewing things such as kitchen faucets, door handles, and lights as well as things like putting in new windows. If your home is looking a little under the weather, it will allow your house to show its true potential with only a few little changes.
If a buyer comes to view a house which is peeling paint and the metal taps and switches are rusty or covered in limescale, you will detract them.
You may decide that the most sensible thing to do is to have a first home improvements budget and employ a professional such as a quantity surveyor to ensure that the project is completed within budget. Or you could even do a QS course yourself and learn some tips which you could take with you into your career.
Other improvements that would have an appeal, especially in recent times, is making the home energy efficient. Solar Panels Brisbane experts Captain Green state that the best way to make a home energy efficient is to install solar panels. Not only is it a renewable energy source it is also a financially smart option as it will save you money on your energy bills. Additionally, simply change the lights to LEDs and find other energy efficient electronics.
A well looked after garden is also a desirable feature in a house. Make sure you keep it clean and any hedges are cut back and are neat. You may have a gravelled area outside and it fails to produce the wow factor that many gardens do. Therefore, you could put down grass, lay plants and add some decorations.
More Substantial Improvements
Large home improvements will be the obvious and most noticeable effect on the value of your house. These could include kitchen and bathroom renovations with all new cabinets and floorings. It could also be adding an extension to your house or adding a conservatory. Building additional buildings to your house will be the most impactful on its value.
For the more substantial builds, it may be advantageous to gain some experience or qualifications such as an NVQ. This would allow you to oversee the building project and ensure that all tasks are done to how you would specifically like as well as giving you some experience if you would like to complete more home improvements in future.
The most common home improvement is a bathroom renovation. Many people change their baths, showers, flooring, and paint. With many old houses failing to meet the standard of the modern world (clean, white, and shiny) they are commonly updated.
Why Can It Add Value?
Making first home improvements is a great way to make your home more attractive, therefore leading to a higher asking price. Extra bedrooms will always add value as more space equates to more money. Updated appliances will mean that the house is less likely to break and have to be changed and therefore customers will look for this.
However, you must analyse your budget and be sure that the additions to your property will give you more profit and it would be worth the time and money. It is therefore useful to understand more about the house sale industry and how likely it is that your house will be worth a predicted amount once the additions have been made. You should ensure you get a house valuation and ask for advice.
There is a difference between improvements which are well thought out and ones that could have done with a bit more work and effort. This should be obvious to those that come and look around. Therefore, hiring those who are qualified professionals is especially important. They will know how to do the improvements to a high standard. It is also important to get high quality materials.
If you wanted to do a DIY project, it would be highly rewarding but ensure that you obtain the relevant experience and qualifications. If you enjoyed your first home improvements, you could continue to do this type of work as a profession. You could even become a part of the CIOB which is the Chartered Institute of Building and gain access to many membership benefits such as professional recognition and access to construction related events.
Final Thoughts
In conclusion, if you want to make as much money and profits as you can off your current house in order for you to invest In a new one, there are either simple improvements or more substantial ones that you can carry out.
First, decide what improvements you think will make your home more attractive or the things that need to be updated due to their age. Secondly, ensure that you set a budget and get a house valuation to know how much money your first home improvements will add to your asking price. Thirdly, stick to your budget. Fourth, start your improvement process by either hiring professionals or completing the DIY project with plenty of experience and additional knowledge from courses. Finally, see your asking price able to rise and get a great deal on your first home.
Once many people have edited their home for the first time, they enjoy it so much that they want to do it again. That is why some people enter a career in construction and begin doing these sorts of tasks on their friends and families houses as well as clients.
