Renovating your home can offer several great benefits. This includes making your home more energy-efficient, providing your family with more comfort and space, and increasing your property value if you decide to sell. Home improvements also allow you to enhance your living space without the need to relocate to a new property. With this in mind, here are the top home improvements to add value to your property.
Add a new bathroom
Most home buyers want a property with more than one bathroom, particularly those who have large families. For that reason, a bathroom addition can be a smart investment that will instantly increase your resale value and make your home more appealing to potential buyers. According to advice on moneycrashers.com, adding a new bathroom can give you an impressive return of between 80% and 130%. Having another bathroom can also improve your livability and avoid queues for the shower or toilet in the mornings. Often, homeowners have a spare bedroom or another underutilized space that can be converted into an additional bathroom. You can speak with a bathroom installation specialist to get advice on a suitable location for a new bathroom. Having a new bathroom installed is a major renovation project and you must find a quality plumber with the right skills and experience. Experts at nonpareilsolutions.co.uk explain how finding a reliable and trustworthy plumber can sometimes be difficult. You must take the time to do your research, get recommendations, and find a good plumber who will do a quality job.
Finish your basement
Many properties feature an unfinished basement that is underutilized. Completing work on your basement in order to make it liveable will instantly increase the square footage of your home and create additional space. Fortunately, you can easily finish your basement and turn it into a functional space by installing carpet and drywall, painting the walls, and adding electrical points. Once complete, your basement can be used as an additional bedroom or converted into an office, games room, or home gym. Overall, finishing your basement is a great way to capitalize on the space available in your home and increase your resale value.
Install extra insulation
Installing extra insulation is a simple upgrade that will make your home more energy-efficient and reduce your monthly utility bills. Completing green home upgrades is a great way to attract eco-conscious buyers and give your property a competitive edge in the real estate market. Installing additional insulation in the loft is one of the most effective ways to reduce wasted energy as heat rises and is often lost through the roof of your property. Adding double glazing to your windows, insulating your walls, and sealing drafts will also make your home more energy-efficient and add value to your property.
Final thoughts
Home renovations can transform your living space and greatly improve the functionality and comfort of your home environment. Renovation projects require time and money and some home improvements won’t add any value to your property. For that reason, you must do your research and plan upgrades that will give you a good return on your investment. Try some of the above improvements to enhance your home and add value to your property today!