A home isn’t only an investment—it’s also an asset. That’s why many homeowners want to add value to their respective houses.
Making improvements to a home to increase its value can both be an appealing and daunting prospect. On the one hand, it can greatly increase the home’s kerb appeal and make it more attractive to potential buyers. On the other hand, these improvements may end up costing property owners a lot of time and money.
There are many ways to add value to a home without having to create an extension or an entirely new structure. In fact, the rule of thumb here is to utilise what the home already has.
To help homeowners make better, more informed decisions regarding their properties, we’re sharing tips on how to increase home value without having to pay a king’s ransom.
What to Consider
When making home improvements, the first thing to consider is how to maximise its value. What parts of the home need to be enhanced or removed? Additionally, consider using any space that already comes with the house, such as a garage, cellar, or garden. It’s also essential to visualise how all these improvements will look.
To fully bring their plans to life, homeowners can opt to use an advanced simulation software application such as revvis. Equipped with the latest 3D technology, it allows users to virtually step inside their property, so they can experience the spaces first-hand.
Tips to Boost Home Value
Check for and fix any structural issues
One of the most often overlooked aspects of any home improvement project is the home’s structural integrity. Instead of concealing cracked walls, leaky roofs, rotten joists, and insect infestations, among many others, fixing these defects should be the priority. If issues like these are present, the focus then shouldn’t be on doing mere cosmetic repairs.
Prioritising a home’s structural integrity will not only make it structurally sound but also make it safe and secure for the people who live there. When dealing with structural issues, it’s always best to seek the assistance of professional builders, surveyors, or structural engineers.
Make the home more energy-efficient
Energy-efficient homes are becoming a top priority among buyers. For those planning to sell their property, consider making the space as energy-efficient as possible.
Start by upgrading the lights to LED bulbs. Then, opt for solar thermal panels for water heating. Check the heating and insulation as well. For those with an old boiler, consider replacing it with a newer, more energy-efficient model.
Additionally, choose energy-efficient doors and windows, such as those with double or triple glazing. They can reduce heat loss, lower energy bills, and add insulation to homes during colder months.
Convert available spaces
A garden, a garage, and a cellar are all areas that a homeowner will want to maximise. These spaces can be used to create a new room in the house.
A garage, for example, can be converted into an extra bedroom or a bathroom. For those with a garden, enhancements can be made to the decking or patio to give the outdoor space an upgrade. Meanwhile, converting an existing cellar into a living space can increase a property’s value by up to 30%.
Property owners can open up their homes and improve the flow of their living space by knocking down some walls. These open floor plans are a popular trend among buyers. Plus, it’s a relatively low-cost home improvement move.
Note that when knocking down walls, only select those that aren’t load-bearing. To have peace of mind, always consult with a structural engineer.
Clean and declutter
One of the easiest and most affordable ways to improve a home is to clean it. Decluttering can free up more space in the house. Cleaning the windows can help enhance a room’s lighting. Meanwhile, removing dead plants in the garden and pruning any overgrown trees and shrubs will elevate the landscape.
Use a visualisation software
After making plans to improve their space, homeowners should then visualise what their property will look like once they’ve applied their home improvement ideas. Doing so will help them envision how all the planned changes will look together.
To visualise their new space in real-time and experience it first-hand, property owners can use a platform such as revvis. It allows users to take more immersive 3D virtual tours. With revvis, users can open doors, walk up and down stairways, and have the opportunity to explore each room in detail.
revvis also lets users test light at different times of the day, select and position furniture, and visualise outdoor areas, among other features. It’s a user-friendly application that can ultimately save homeowners time and money when planning their home improvement projects.
Find out more on how Revvis can help property owners add value to their homes.