Home Business Insights & Advice Three ways to increase the value of your property

Three ways to increase the value of your property

by Sarah Dunsby
22nd Oct 18 10:40 am

Owning a home is a huge achievement, but it’s also a hefty responsibility. With owning a home comes a significant amount of upkeep needed to maintain value and good quality of life. But if you want to not just maintain the value of your property, but also increase it, there are a number of improvements you can make. Here are the great ways to increase the value of your property.

Improve the kitchen area

Any real estate agent will tell you that one of the best ways to increase the long-term value of your home is by making improvements to the kitchen. And these improvements don’t have to be major overhauls – making a few minor upgrades can have a significant impact on the impression your kitchen makes and its aesthetic appeal to potential buyers.

Visual upgrades, like changing the paint on the walls, painting the cabinets, and retiling the floors make a substantial aesthetic impact. In addition, splashbacks are becoming a popular way to leave a mark on your kitchen in a unique and memorable way. You can opt for some custom tiling, or install Glass splashbacks to add a nice pop of colour and character in your kitchen. All of these changes make a big statement for minimal impact to your wallet.

Another great improvement to make to your kitchen area is upgrading the appliances. This will improve the functionality of your kitchen, as well as the visual appeal.

Update your flooring

Another upgrade that can make a significant impact in any apartment or house is upgrading the floors. By installing a newer style of floor, such as hardwood, vinyl or laminate, you’ll not only improve the visual of your home, but also the longevity. Many of the newer models of floor material are water-resistant, and extremely durable, which is better for the long-term life of your home. There are so many affordable options in the market for flooring upgrades, which makes this a very feasible upgrade for homeowners who are looking to improve the value of their property.

Modernise your bathroom(s)

When it comes to the rooms that get the most use in your home, the bathroom (or bathrooms) is definitely up there. From that vantage point alone, this makes the bathroom a great place to make improvements that will make an impact. Since bathrooms are used so frequently (and by every member of your family), they are especially subject to wear and tear. Chances are, your current bathroom could use some improvements!

You could definitely opt for a full-scale bathroom remodel, but same as the kitchen, little changes in the bathroom can make a big impact. You can choose to update the fixtures – like the lighting or the shower and bath handles – to change the design tone of the bathroom. Or if the appliances are in good shape, make a more visual upgrade by painting the walls or adding some unique tiling.

Regardless of where you decide to make improvements, any upgrade you make will help to increase the value of your property. To get the most value out of your efforts, consider consulting with an expert to see where they think a small improvement would go a long way.

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