How to Add More Value to Your Home
Whether you're looking to sell your property in the near future or simply want to enhance your living space, making strategic improvements can significantly increase your home’s value.
From modernising interiors to implementing energy-efficient upgrades or even completely remodelling the kitchen, there are several ways you can boost your home's appeal and functionality.
In this blog, we'll explore a variety of ways you can achieve a higher market value while creating a more comfortable and enjoyable living environment for you and your family.
Here are 6 ways you can add more value to your home:
1. Improve Energy Efficiency
When it comes to energy usage in our homes, the benefits of being as energy efficient as possible and reducing our energy consumption can have a bigger impact than just reducing our bills.
Not only can homeowners benefit from cheaper energy outgoings, but reduced energy consumption in turn also means a lower carbon footprint. It’s a win-win for both yourself and the planet.
But that’s not all. Having an energy efficient home can improve its value considerably and therefore attract buyers who are looking for a home which is both cost effective and more environmentally friendly to run.
How to Improve Energy Efficiency in Your Home
There are a number of ways you can improve your home’s energy efficiency:
Installing energy efficient windows and doors to reduce heat transfer and improve insulation
Replacing old heating and cooling systems with high-efficiency models
Switching to high-tech LED lighting, which uses less energy and has a longer lifespan
Installing solar panels to generate renewable energy, which can significantly reduce or even eliminate electricity bills
Upgrading to ENERGY STAR-rated appliances that consume less energy
To learn more, check out our blog on energy efficient home appliances and accessories you should know about.
2. Add Built-In Storage Solutions
Another way to increase the value of your home is to maximise the space with built-in storage solutions. This is especially valuable if certain rooms have limited space and storage.
These solutions can come in the form of built-in wardrobes, vertical shelving, pull-out pantry shelves and cabinets, which will all utilise the use of available space. They can turn unused areas, like under stairs or awkward corners, into functional storage, making the home appear larger and more organised.
Unlike freestanding furniture, built-in storage is a permanent improvement that stays with the home, which can positively influence appraisers' and buyers' perceptions of the home's overall value.
Here at Cwtch Haus, we can help you to optimise your space and tailor it to your needs. Pop us an email at info@cwtchhaus.co.uk to learn more.
3. Remodel the Kitchen
The kitchen is often the focal point of a home, and a well-designed, modern kitchen can create a strong first impression, making the entire home more attractive to potential buyers.
With this in mind, if necessary, remodelling the kitchen is one of the most effective ways to improve the value of your home, as well as the added benefit of helping it sell faster!
In fact, you can ‘increase the sale price of your property by 5% to 10% when you renovate or build a new kitchen’, which emphasises that a kitchen remodel can be a worthy investment before moving.
What’s more, kitchen remodels typically offer a high return on investment. And while the exact ROI can vary, Better Homes and Gardens claims homeowners can expect up to a return of 52% on their investment in a kitchen renovation if they plan to sell the home.
If you’re unsure where to start, check out our blog on how to plan a kitchen renovation.
4. Renovate the Bathroom
Along with kitchens, a bathroom is one of the rooms that potential buyers will pay most attention to when looking around. For this reason, renovating your bathroom can be a great way to boost the value of your home, whether it’s updating the bathroom with contemporary fixtures or completely redesigning the layout for improved functionality.
Of course, the exact value added varies depending on your design and build, but typically speaking, an updated bathroom can potentially add between 4-5% to the value of your home.
Does an Ensuite Add Value to Your Home?
The simple answer is - yes! Ensuites are highly desirable for many homebuyers and the convenience of having a private bathroom attached to the master bedroom is a major selling point.
In recent years, ensuites have been in high demand, with data from RESI stating that ensuite bathrooms have the potential to add an additional 4-5% to the value of the home.
If you’re interested in a bathroom renovation, be sure to give us a call on 01437765960 or book your free consultation today.
5. Add Smart-Home Features
With an increasing number of people turning to technology to make life more convenient, it’s no surprise that smart home features are growing more and more popular.
Due to this new demand, the effects of these systems on the real estate market is also beginning to take shape, and in turn, often increasing the value of the home.
Some popular examples of smart-home features include:
Smart lighting: This provides automated lighting control for convenience and energy efficiency
Smart appliances: These optimise energy usage and can be programmed to run during off-peak hours
Smart locks: Allow homeowners to lock and unlock doors remotely
CCTV security cameras: Provide real-time surveillance and can be monitored via smartphones
Smart entertainment systems: Offer seamless integration of audio, video, and gaming systems for an enhanced entertainment experience
6. Upgrade Interiors & Make Necessary Repairs
Last but certainly not least, you can also increase the value of your home by upgrading interiors and making necessary repairs to enhance its aesthetic appeal, functionality, and overall condition.
For example, if your living room is looking a little small and cluttered with perhaps a vibrant pattern wallpaper plastered across the walls, try using neutral colours to make the feel larger and more inviting, appealing to a broader range of buyers.
You might also want to modernise key areas of the home with new appliances, cabinetry, countertops, and fixtures that can significantly boost a home’s appeal and value. It might also be a good idea to replace old carpet with hardwood, tile, or high-quality laminate to improve aesthetics as well as reduce allergens.
Look out for any leaky faucets, broken roof tiles, and squeaky doors that could hinder the home’s overall condition and appeal, and fix any repairs that need doing.
How We Can Help
Are you interested in renovating your home before selling? Look no further than Cwtch Haus.
Our experienced home designers are on hand to help make the remodelling process seamless from start to finish.
Cwtch Haus dedicates time and attention to understanding our customers’ lifestyles and habits to create a space that is perfectly tailored to their needs. We work to ensure that your space is not only beautiful but practical for your everyday use.
For more advice, head to our blog page or contact us about our renovation services.
Written by Kate for Cwtch Haus.