Even if you think you’ve found your Forever Home, life can always throw a spanner in the works that means you need to pack your life away and move somewhere else. This could be a new job, a need to care for an elderly relative back home or a child on the way that demands more space.
So, if you need to move, you want to make sure you can get as much money from your property as you can, so here are four ways you can boost your property value.
Upgrade Your Systems
If you live in an old house, your heating and water systems are not up-to-date with modern homes. This can impact your home’s energy efficiency, which can make it more expensive to run. Upgrading these systems can solve this, and this will have a direct effect on your property value. If you want to entice a range of potential buyers, you could also consider smart home technology, such as smart meters and other smart appliances that will automate your home and make it a house that is ready for the future.
Renovations are a surefire way for you to boost your property value. Whether you want to extend the kitchen or complete a bathroom renovation, it can add a significant amount to your overall property value. However, you need to make sure you choose the right renovations, so look at what new houses include and consider the current trends that people look for when buying a property. The more modern, the better as you will be able to appeal to a more extensive pool.
Increase Your Curbside Appeal
Curb appeal will attract buyers to your home even if you aren’t currently planning on selling it. As few people will get to see the inside of your house, you want to make sure the exterior is the most attractive in the neighborhood. This means adding a splash of paints to any chipped window frames and doors, cleaning the porch of any dirt and grime, and finally making use of that lawnmower you were given for Christmas. Add a flower bed to provide some color, too.
Consider Dual Occupancy
If you have already decided to move out but still want to boost your property value as much as possible, dual occupancy builders are a fantastic solution. This effectively creates two dwellings on a single plot, allowing you to double your investment. This is a useful approach if you don’t want to sell the home but rather rent it out. You can get twice the number of tenants without adding another home.
Through the Roof
There are several ways that you can boost the value of your property, even if you don’t plan on moving any time soon. Some of these options are projects that you can take your time on, whereas others will demand more investment. Whichever you decide is right for you, these improvements will ensure that your property is the most valuable in the neighborhood, giving you plenty of options when you move out, whenever that might be.