***Collaborative post***
You may have just moved into a new house. Buying a house is definitely an investment worth having. There may come a time when you need to sell up and move elsewhere. As soon as you move in you should be looking for ways to increase your chances of making a profit when you sell.
Here are four things you could consider if funds allow.
A Pool
Everyone loves a private pool. Getting one installed at your property will add a huge amount to the asking price, especially if you have a garden that gets sun all day long. You get to enjoy the benefits of it for a number of years then you give that enjoyment to someone else. That someone will pay the price for that pool you installed and you will reap the benefits. In total, a pool can add around 8% of the value to the asking price.
Remember that shade may be necessary to protect you and your family from the sun’s rays. Take a look at outdoor umbrellas that will give you copious amounts of shade.
Ample Storage
When the time comes to list your home on the market one of the USPs can be ample storage. This is one of the most sought-after things that buyers look for when shopping for houses. If you have the space then create lots of hidden storage places as well. One of the best ideas around is converting your under stair cupboard to hidden storage, This could be in the form of a pull-out shoe and coat rack.
Make sure if you buy shelving and storage units they match the home so new buyers won’t need to change much when they move in.
Loft Conversion
Loft conversions can add up to 20% to the asking price of your home, this is a huge amount when you think about it. You may need some extra space so rather than move out prematurely get a loft conversion. It is much cheaper than finding a new house to live in and you get extra space in the house you love. A loft conversion typically adds two double rooms or one huge master room. They can be used for just about anything including bedrooms and games rooms.
Think about what buyers might want when you are designing your loft conversion. Make it easy to convert from room to room as it may not be used in the same way you use it.
New Kitchen
Finally, have you got a dream kitchen in mind? If so, go for it. Kitchen renovations can add up to 5.5% to the value of your home. Be careful with how much you are spending otherwise it may not be worth it. A kitchen renovation is the most sought-after renovation, this may be because people spend a lot of time in their kitchens.
If you aren’t able to get a completely new kitchen then think about ways you can make it look brand new. One way you can do this is to paint the cabinets and place new handles on them. This will instantly transform them making it seem like you shelled out a fortune.
