This is a collaborative post.
Since probably a 15 years ago when property prices really started to rise. And in the last few years, especially around and in London prices went crazy. Especially, in the London travel zones where people live and then commute to London, in “suburbia” and of course slightly outside of London too (say about an hour each way commute away from Waterloo and the city). We live in zone 6 in South West London and prices have doubled in the last 8 years (when we bought our place).
But thinking about the difference between how much our parents had to fork out for their house to own and how much we had to – it’s a jaw dropping number. Imagine if someone bought a house in South West London in the 80s or even earlier for a few tens of thousands and now it could well worth over a million pounds! In fact if you want to find out how much your property’s value increased over the years, there is a great online tool called How much my house made me.
Whilst some new properties are still being built, a lot of owners are looking to improve their homes, not only because it will then provide a better and more tailored living space they can enjoy more, but also to increase their home’s value when they have to move on. Thinking about moving to a different area for a new job, for a new school, to help their children, downsizing after the children have moved out, or simply just changing lifestyle.
Turn your garage into living space
As long as you can park your car on the front porch or on the street, go for it! Most of the time the garage is a wasted space: just get rid of all the unused items you store in there. It can be transformed to an office, a guest room, conservatory – they would all add value to your house. If you need extra storage just check out Now Storage self storage in Basingstoke.
Transform dead space as storage space
It’s good to have lots of storage place, but don’t hoard useless old stuff in your garage as I pointed out before. Instead, use the dead spaces like the ceiling voids or under the stairs.
Make it more energy efficient
Even nowadays, but in the near future the energy efficiency of the building will add to the value of the home as on a longer term it will save you money. (And the environment.) And you probably need to start this in the kitchen! Blinds for instance can help to make your home even more energy efficient. Plus, you can even improve the appeal of your indoors when you buy mini blinds
Look after your garden
If you have a garden, maintain it either by yourself or by hiring professional garden service. Not only for you to enjoy your beautiful garden, but when you want to sell it this will mean a good selling point. No one wants to deal with an unmaintained garden as it means a bit of an upfront cost for the buyer to sort it out when moving in.
Update your bathroom
Nothing more disappointing than an old and in need of renovation bathroom. Luckily small updates don’t even cost more like a shower panel, and changing the cracked tiles. But it would give you a beautiful new bathroom feeling to live with.
Improve the appeal of your indoors when you buy mini blinds
I have redecorated my flat a few years ago and I know how much a small change can raise the value of it. For example, I changed the carpet with wooden floors which were the same price but look so much better and are so much easier to maintain.
I can’t wait to own our home so we can actually take all of this into consideration! Great ideas!
We rent at the moment and can’t see when we will be able to get on the property ladder with housing prices only ever increasing. However some of these tips are great for tenants to, even if just to make a house more of a home x
I know someone who turned their garage into another bedroom, making it now a 5 bedroom home, was a good idea considering it’s also got a little bathroom – quite nice
These are some great tips and I’ll bear them in mind for when we own our own home – hopefully soon! I know of a few people who have converted their garages.
These are great ideas to increase the value of an existing property which not many people thing of. Thank you for the share
I can’t wait to get my own place so that I can put cute little personal touches to it to show it is mine! I try doing that to my bedroom at home right now but it just doesn’t feel the same!
Love the idea of transforming a garage into an office space!
I agree with all these and think they are super important! I currently rent but simple things can change a house.