Buying a home is a big life step. It’s something many people strive towards, saving every cent they can to get the deposit together. While it can be a struggle to get there, once you’ve secured a mortgage on your home, the monthly payments are securing a bright financial future as the equity of your home builds up.
When owning a home, it’s important to ensure the value of your property keeps going up, and this can be done by improving it bit by bit. Whether you’re looking to increase its value so you can afford your dream home, or you’re investing in your future wealth, small DIY projects can go a long way.
Below, we’ll cover the top 6 ways to boost the value of your home.
1. Convert Your Basement
Basements are usually a great space inside your home, although many of us are guilty of letting it overflow as a storage area. If you’re looking to utilize the space in your home then why not clear out the clutter and do some simple renovations to turn it into an extra room.
Whether you’ve always wanted a home gym, you need an extra family room or would love a guest room, it’s a great place to start and adding an extra space that could be used as a bedroom could significantly boost the value of your home.
2. Expand Your Space with A Metal Building
Need an extension? Steel buildings are ideal if you’re looking for an affordable way to create additional space in your home. Metal buildings are ideal for garages, sheds, workshops, container covers or even a remote working office.
Metal buildings are highly durable and long-lasting structure, making them a low maintenance option. Be sure to find out everything you need to know about metal buildings to ensure it’s right for you before you invest.
3. Apply Some Energy-Efficient Home Features
When considering how to boost the value of your home, why not invest in your tech stack. As environmentally friendly homes become increasingly important to home buyers, fitting some simple features like a smart thermostat, solar panels on the roof or a smart home system that can turn your lights off remotely will impress eco-savvy buyers when it’s time to sell.
Not to mention, it will also help you reduce the amount of energy you use and reduce your bills in the meantime too.
4. Upgrade to Better Finishes
If you have a small budget for home improvements, even the smallest of changes can make a big difference. Do you have outdated handles on kitchen cupboards? Replacing them with stainless steel ones and a fresh lick of paint could transform your kitchen.
You could also replace standard light switches with a dimmer switch, upgrade your lighting to LED lights or spotlights and if you have the budget, install some luxury appliances like a dishwasher.
5. Rip Out Those Old Carpets
While carpet was once seen as a luxury that only wealthy households could afford, today’s modern buyers prefer wooden floors. Not only are they easier to keep clean if you have children and pets, but they’re more suitable for people with dust allergies too.
If wooden flooring is out of the budget, try opting for laminate flooring. It’s a cheaper alternative that still provides all the same benefits, and laminate technology has vastly improved in recent years.
6. Landscape Your Front Garden
First appearances are essential when it comes to your home, in which a good-looking front garden can make all the difference. If your driveway is looking a little drab, try contacting a landscaper to improve the space. Or if it’s out of the budget, adding some greenery and cleaning up stained paving stones can make a big difference too.