When it comes to home improvements, there are many options that will add value to your property. Not only can you increase your return on investment (ROI), but you can also make the space more comfortable for your family and customise it to better suit your needs.
In this blog, we’ll have a look at some of the best home renovations you can undertake. These will help make your home more comfortable, and add all important value to the property.
Kitchen makeover
Revamping your kitchen can transform your home. It not only gives you a modern cooking space but also increases your home's value.
Adding new countertops and cupboard doors can transform your space, making it feel more current. If you have a larger budget, you could consider ripping out the original units and starting from scratch. This way, you can improve the functionality of your storage spaces.
New flooring can make the space feel fresh and can add another dimension to the room. There are many options for different types of flooring, depending on your budget.
Finally, by upgrading appliances, such as the fridge, oven or extractor fan, you can modernise the kitchen. If your appliances are old, you may be able to add more energy-efficient ones. These can help reduce your monthly bills.
If you're considering making changes to your kitchen, our blog post on 'how to finance a kitchen renovation' could be useful.
Window update
Investing in new windows pays off right away and in the long run. Energy-efficient windows, such as double or triple glazing, help you save money on energy bills and improve comfort.
If you live in a property with old, wooden window frames, they will be more likely to rot over time. Look into PVC windows to help protect against this.
However, be aware that some properties in conservation areas will require special permission to change their windows. If you live in an area like this, you can still undertake repairs and enhancements, but you may need to get permission from your local authority to make large changes to your windows.
Bathroom renovations
Bathroom upgrades typically yield one of the highest ROI. When updating your bathroom, consider getting a new bathtub or new floors. Changes like this can greatly enhance your home’s value.
For more cost-effective improvements, think about replacing showerheads, taps and toilets. You can replace your current toilet with a low-flow system, which will help reduce water wastage, and help bring down your bills.
Flooring upgrade
Paying attention to your floors is a smart move that can make your home look and feel much better. You can either refinish your old hardwood or put in new flooring. Hardwood has a classic look that not only makes your home look better, but also adds real value.
Refinishing old hardwood means giving it a makeover by sanding and adding a fresh protective layer. This not only makes it look great but also makes it last longer.
On the other hand, choosing new flooring lets you pick from different materials like hardwood, laminate, vinyl, or tile, giving your home a fresh style. There are many options that can suit different budgets, helping you save money on home improvements if you need to.
Insulation
Though not the most eye-catching, upgrading your insulation is a smart move. It boosts energy efficiency and gives you a cosy home. The initial cost is reasonable, and you'll likely save money on energy bills over time.
Better insulation will make your home feel more comfortable, especially in the winter. It shouldn’t be underestimated how much of a difference this can make to your life and the appeal it will add to prospective buyers.
Convert a loft
Turning an unused attic or loft into a usable space, like an extra bedroom or home office, can be a great move for your home. While there's a cost to get started, the benefits are worth it.
Converting a loft allows you to create a versatile area that suits your lifestyle, adapting to changes as your family grows. The extra room can serve different purposes, making your home more functional.
The long-term payoff comes in increased property value. When you decide to sell, potential buyers often see a converted loft as a good addition, making your home more attractive in the real estate market.
For additional information on financing options for such plans, explore our blog post on 'loft conversion finance’.
Summary
Upgrading your home is a practical way to enjoy your property, plus, you may add some extra value to it. Whether you're aiming for budget-friendly, swift improvements or considering more substantial and expensive upgrades, there are many options available to achieve your goals.
Remember, every home is different, and the best improvements are the ones that match your lifestyle and goals.
