Every so often you may look around your humble abode and think that it needs a lick of paint here, some maintenance there and the odd furniture reconfiguration here. We mostly change up the look of our homes with minimal effort and at little cost. However, it’s just enough to refresh and make our homes feel new once again. Sometimes, it’s good to go just that little bit further. If you have saved some money for some home renovations, you can make some dramatic changes to your humble abode and reap some financial rewards. While you might not be considering selling up anytime soon, there is no harm in keeping one eye on the trends of the moment and one eye on the property market. If you are thinking of moving to pastures new, then it is always wise to spend a bit of money with the aim of making some profit when you come to list your home.
Renovating a home shouldn’t be stressful, but it inevitably is as unforeseen problems always arise. However, if you set yourself a contingency within your budget, you should be able to mitigate this risk. You want your money to stretch as far as possible, but there is always that worry that you’ll end up creating a money pit. Set a budget and stick to it, no matter how tempting that expensive quartz granite kitchen worktop might be. With your eye for creativity, your ability to manage a project and your determination to make money from your renovations, you can complete a successful scheme of works. So, what are the key areas to focus on if you’re looking to speculate to accumulate?
Kitchens And Bathrooms
The old adage that kitchens and bathrooms sell houses is still as true as ever. These are the rooms that can be given a show home or boutique hotel room feel. There’s nothing worse than hot-footing it to use the loo in someone’s home only to be greeted with an avocado suite and carpet on the floor. If your bathroom is a hue other than crisp white, it’s time for a change. Consider ripping out the suite that you have and replacing it with a simple and elegant white design. If you have space, think about adding a wholly separate shower cubicle. Companies like Kohler Showers specialize in working out the perfect shower for your bathroom remodel. Always try and stretch to that extra rain-head shower attachment – it oozes luxury.
You need to focus on the space that you have, the square footage and the ergonomic design of the room. The bathroom in your humble abode tends to be one of the smallest rooms of the house, and on occasion, there won’t even be a window. If we are not careful, our bathrooms can be the room that actually puts buyers off if it feels poky and unloved.
Focus on the walls and the flooring once you have a luxury suite in. If you can, tile from the floor to the ceiling. It doesn’t matter whether you select ocean blue mosaic tiles or large stone effect tiles, if they cover the entire surface of your wall, they can bounce the much needed natural light across the room making it appear brighter and bigger. For the floor, select a lino rather than a carpet. This is more hygienic, easier to clean and will give your bathroom a fresh appearance. Keep it simple and your bathroom could make or break the sale of your home.
The area where you should be spending the most money in your kitchen. All too often we can let our kitchens become tired. If you are struggling to find the cash, sometimes changing the cabinet doors is all that’s needed to revolutionize the look of your room and give it a more sophisticated feel. However, if you have deeper pockets, you might want to consider an entire reconfiguration of your kitchen. Nowadays, the kitchen is the real heart of a home and if you can knock down a wall or extend to make a kitchen dining family space, you will be increasing the value of your home by thousands.
Kitchens are now the room we choose to socialize in – have coffee with friends, cook while watching the kids do the homework, and enjoy eating an evening meal with the family while chatting about the day. Consider the style you want to go for. Don’t be too eclectic and opt for a bright purple kitchen with lemon yellow walls, especially if you’re thinking of value in the long term. Instead, opt for a shaker style country look with wooden worktops and tiled splashbacks. Or alternatively, consider a high gloss white finish to exude all things modern. Always spend money on top quality integrated appliances and enjoy using your home and your living space in a way more conducive to twenty-first-century living.
By adding square footage to your home and creating new rooms, you are making your home larger to appeal to more people. Families with more children often find it hard to locate homes that are fit for purpose. If you can go up into your attic space to create a new master suite complete with a bathroom or a couple more kids bedrooms, your home will be more appealing. If you need some extra space, you could choose to install a dormer window onto your roof to increase head height, you could lower the floors, or you could put Velux skylights into your roof. Whatever you choose to do, make sure that there is enough natural light in the room and that you don’t run the risk of damp or mold entering your newly renovated space.
Extending any property by going up or extending outwards will add value to your home. Check out the homes around you and see if any of your neighbors have extended. This sets a precedent and will signify how easy it will be for you to get planning permission for your home.
While decor is a highly personal thing, and it can be changed readily, the fact is buyers are still seduced by a lifestyle. How many times have you heard that you should bake a loaf of bread just before potential buyers come and look around your home? This homely smell (although totally irrelevant to the condition of the house) can influence an individual’s thoughts and feelings about your pad.
If you love interior design and think you have a flair for being creative, consider changing up your fixtures and fittings. Opt for the very much on trend vintage, and retro-inspired Scandinavian pieces of furniture. If you want something of the period, head to thrift stores and auction houses where you can pick up 1960s G-Plan sofas for much less than you would a modern-day equivalent. You can even make the piece unique by having it reupholstered to fit into your current decor. You can accessorize with a range of different fabrics, drapes, and cushions to build a wonderful homely vibe for your pad. If you are trying to appeal to the family market, make sure you utilize plenty of storage solutions. Families have junk and stuff, so you can never have too many nooks and crannies in which to hide stuff away. You need to create the impression of space at every opportunity when considering your renovation.
Trying to spend money to make money on a property is difficult. However, if you’re planning to enjoy your humble abode for a while after you’ve completed your renovations, simply stick to your budget and reap the rewards. Think of your remodeling as an investment that you and your brood can enjoy for years to come.