You don't even have to be thinking about selling your home to be worried about your property value. The housing market has been soaring to record highs, and there's no end in sight.
Even so, there are still things you can do now to increase your property value even further, and maybe secure your retirement later on!
Let's talk about some basic and affordable home improvements you can make to increase your property value!
The solar industry is growing, and it's expected to grow exponentially. In fact, homes with solar panels not only save money on their electric bills, but can even increase their property values by an average of 16,000 pounds!
This is an easy and affordable one, as you won't have to do any installations, you'll be lowering your carbon footprint, and many solar companies will let you pay in instalments equivalent to your electricity bill, so you won't even notice it! This makes solar panels number 1 on the list!
Now, this may be a bigger project than a simple one-day DIY, but it may be what you need! New bathrooms are always appealing to homebuyers. Bathroom renovations often yield the biggest returns on investments when it comes to resale value, making it something to consider!
You can go as far as you want with this, turning them into full living spaces with sinks, cooking equipment, hardwood flooring, and more. You can also add walls to make separate rooms within these spaces! That's if you're handy or you're looking to hire a professional builders.
This can also be achievable with a simple and small budget. Add some drywall, lay down some shag carpet, run some cable extensions, and add a few extra wall outlets. Even these small steps will add up!
A little can go a long way! Homebuyers love a well-maintained property. The first thing you notice when you drive up to a house is the outside, so make a good first impression!
If you have a green thumb, create a vibrant garden space! Even planting a few shrubs around the house will create a nice aesthetic. Maintain your lawn, lay down some bricks for a patio, dig out a pond, and so much more! There's so much you can do, much of it is even free!
That's right, rocks are free, and you can do a lot with them. Add some rocks along a walkway, build a fire pit with them, line a garden space with them, or whatever you want!
Making upgrades like a new heating systems is always a giant selling point for real estate agents, and you may want to see what they can do for you!
If you have old pipes or water boilers, that is a huge turn-off for potential buyers, as they can cause devastating damage to your property. There are some important things to know about the warning signs to watch so you know when your boiler needs to be replaced.
Home improvements can certainly go a long way to building up your property value, and possibly securing your retirement! If you need to upgrade your equipment, it doesn't have to be too expensive, if you find the right team! Check out our services and see for yourself!
Plumb Call Plumbing & Heating Ltd (FRN 810965) is an Introducer Appointed Representative of Tradehelp Ltd, who are authorised and regulated by the Financial Conduct Authority (FRN679812). introduce Plumb Call Plumbing & Heating Ltd customers to TradeHelp Ltd and do not receive a fee for the introduction. TradeHelp Ltd are a credit broker, not a lender, and offer loans from Novuna Personal Finance, a trading style of Mitsubishi HC Capital UK PLC authorised and regulated by Financial Conduct Authority. Finance options are offered subject to status and credit check, which must be completed before commencement of works. A 14 day cooling off period applies to all applications. If cancelled within 14 days, alternative payment of the full outstanding balance must be made.
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