Not all home improvements are the same, or offer benefits to homeowners and buyers. If you are thinking strategically, you should consider home improvements which add most value to your home. Thinking with a business mind as opposed to a homeowners mind help you generate more income, creating more freedom with your next property move.
Replacing your garage door
If you have a garage at your property, your home is going to generate interest. Buyers want space, and whether they view a garage as a secure space to store their car or additional room to keep their belongings, this is an important room.
Buyers may even convert your garage into a living space, increasing the size of the home. Of course, there is nothing to stop you from taking this course of action. However, you may decide it is best to leave the garage as it is and allow the buyer to convert it to best suit their needs.
An interesting point about garages is they topped the list of most searched for items in the Rightmove keyword search term facility. This facility was introduced in May of 2018, and a year later, Rightmove announced their most popular searches on its anniversary. Garage came top, so you can be confident buyers want to see a garage in homes.
However, when it comes to home improvements, upgrading your garage door is likely to bring about the best results. Improving the security and functionality of a garage door is highly effective in generating additional interest in your home. You’ll also find it adds a significant value in relation to cost, so if you’re looking for an effective way to add value at home, install a new garage door.
Improve or adding decking to your property
If you have an external area at your property, it makes sense to maximise its potential. Buyers want to find a home with space to relax and make the most of their surroundings. A high-quality decking area is a fantastic addition to a home, and it provides benefits for every type of buyer.
Some home improvements are only suitable for certain buyers or demographics, but virtually everyone interested in a home appreciates the chance to sit outside in pleasant temperatures and weather conditions.
You can choose from many different decking options, but you should find opting for a reasonable standard of decking helps you generate a good return on your investment.
Other home improvement options to consider include:
- Minor kitchen refurbishment
- Replacing your entry door
- Replacing window frames
If you are planning on selling your home and would like to arrange a valuation, contact Austin Property Services, and we’ll be happy to help. We can advise on improvements you should make, and how to maximise the value of your home.