Before you even think about selling your home, consider looking at some smart ways to add value to your home that can be achieved with a few small but worthwhile investments.
The kitchen is the beating heart of any home, so remodelling your kitchen to include an island will transform the way you use and enjoy the centre of conversation. A kitchen island will also provide more storage space and a pivot point for preparing, cooking and cleaning, and can potentially increase the value of your home by a staggering 20 percent.
Conservatories add value to your home and offer you a bright and airy space to relax with the family and catch the summer sun. A quality lean-to can actually help you beat the economic slump, adding around $9,000 to the value of your home.
If your home has more than two bedrooms and you have the capacity, it would be more than fitting to extend a bedroom with an ensuite. Ensuites can increase the value of your home by an impressive 6 percent.
For many people, the bathroom can often be the deal-breaker when purchasing a home. You can actually give your bathroom a makeover without gutting the entire room by simply changing the fixtures. Dark mosaic tile accents can liven up a plain white bathroom, and installing a more stylish vanity can drastically improve the functionality and appearance of any bathroom, all for a relatively small investment.
Throw a bed in there or a set up a sofa – creating a reason to venture up in to the attic other than storing your old camping gear will add thousands to the price of your home. Make the space you have more useful.
These are just five of many ways you could improve your home. If you are thinking budget, consider taking 5% of the home value and spending it on a low-maintenance but quality improvements and you could increase in resale value by as much as 15%, earning you back 150% or more on that budget. You can quickly find the cheapest quotes by posting the job on ServiceSeeking.com.au and comparing the best local businesses.
