Regular updates to a property can help to maintain its value. But how can we be certain that we’re making the right choices? Which ones will enhance our living space? What adjustments could make it more sellable?
If you ask yourself these questions a lot, you’re not alone. Between 2014 and 2018, there was a five-fold jump in the number of people who opted to renovate their homes rather than move.
So, how can we make the most of our money? Here are three worthwhile investments for your house or apartment.
Heating is responsible for 55% of annual energy bills. If your home has proper insulation, you needn’t worry. But if it doesn’t, this could be a worthwhile investment.
Installing this material in your roof, walls and loft could reduce heat loss from the building. It may enable you to manage your finances better, too. This project is paramount to increasing the comfort of your home, for whoever ends up living in it.
2.Garden or Balcony
Do you intend to rent or sell your property at some point soon? If so, don’t under-estimate the power of curb appeal. Our first impression of a building is based on its exterior look. If you want to guarantee happy visitors, aim to please from the word go.
You can achieve this in several ways. For example, if you want to set a specific mood for your house, why not select a colour to help with this?
If you live in an apartment, you can boost value by creating a balcony garden. Choose seasonal or evergreen plants to ensure that this investment stays worthwhile for years to come.
If you’ve got a loft, you could generate more living space with a conversion. Who knows, you may even eliminate the need to move altogether!
For those who love their home but are conscious of their growing family and need for more space, this could provide the ideal solution.
Converting a loft into an extra room might also boost the overall value of your property. In fact, it’s reported that an additional bedroom in a house can heighten its worth by up to 11.2%.
When it comes to refreshing your home, you needn’t worry about making the wrong decision again. By following these three tips, you can spend your money wisely, making your house more comfortable and profitable at the same time.