Homes are much more than just a place to live, they are an opportunity for investment. The potential returns on home improvements are far better than you will find in a savings account or on the stock market, and with much less risk. Here are five high-yield home improvements everyone should consider.
Smart Home Tech Is A Smart Investment
The homes of the future are going to be much more high-tech than the ones we have now. Digital assistants and smart appliances are just beginning to enter our living spaces, and we have barely scratched the surface of what they can do. Smart lighting, heating, and media controls are already becoming commonplace in UK homes. Over the next few years, even more of our home systems will come under the control of apps and voice activation.
With some subtle changes, you can make your home smart-ready and future-proof. To get as much as you can from the smart device revolution, you should install a smart thermostat and some smart lighting. Adding LED strips and installing new thermostat controls is the perfect job for a handyman. Take a look here for a handyman near me with reviews from people just like you. MyBuilder can connect with handymen and women in your area, and you can read recommendations from previous clients and even see pictures of completed work. This lets you hire a tradesperson with confidence.
Add Rooms To Add Value
Nothing boosts property value like adding a bedroom or two. Though this level of building work is expensive, it yields a massive return when the time comes to sell. If you are looking for a way to invest a large amount of money in your home, then you should build a two-floor extension. This creates the opportunity to add both extra bedrooms and add a living space below, such as a dining room or downstairs bathroom.
Planning and executing a property extension is time-consuming and disruptive. You cannot approach this job with a do-it-yourself attitude, it requires professionals to do the job right. If you do decide to make a property extension, make sure you hire a project manager that can take care of the build for you. This takes a lot of the stress and strains off your shoulders
En Suite Bathrooms Offer Lots Of Value
Bathrooms are one of the most expensive areas of the home. In just a small area, there are a lot of expensive features like plumbing, tiling, and baths and sinks. You do get the money back on your investment down the road, however, and nowhere is this more true than with en suite bathrooms. A master bedroom with an en suite is a great selling point for potential buyers in the future, and a time-saving convenience for the parents in a family household.
If you leave out a bathtub you can fit an en suite into a small space. Having a full shower room can cut down on the amount of fixtures and fittings you need, as well as complex plumbing. This way you can add a bathroom to your bedroom in a sliver down one wall or in a corner without losing too much space in the bedroom itself.
Home Solar Power
Solar panels are popping up everywhere. More and more homes are taking advantage of the technology as the price of energy constantly increases. This home improvement is becoming more cost-effective every day, and begins to pay for itself instantly. Homes with solar panels on their roofs will be in high demand in five or ten years. Making this addition is a sure-fire way to generate interest in your home as well as energy.
Do not stop with panels, however. Homes of the future will have the cars of the future parked on their driveways. Find room for an electric vehicle charging station in your garage or near your driveway. Pairing one of these with solar panels can drastically reduce the amount your spend on energy and fuel.
Invest In The Outside Of Your Home
The exterior of a property is incredibly important to its sellability and to its value. Untidy and poorly kept front and back faces can cost you property value and keep potential house buyers away. The front of a home and its back garden are great places to invest a small amount of money, but get back a high yield on your investment. For just a few hundred pounds you can secure thousands in value.
Spruce up your home’s appearance front and back. Landscape your gardens and clean up your drives. Look for features you can add to the spaces to make them more functional and useable. This will help add both value and desirability. Make the front of your home look picture perfect, read for its photos in an estate agent’s window and on their website.
Making just one or two of these home improvements can have a big impact on your property value. They also give you fun and convenient features to enjoy before the day comes to sell up and move on.
Disclosure: This is a featured post.