From the moment you purchase a house, you should be thinking about ways to make a profit when selling your home; if you ever sell it. There are many reasons why you might want to sell in the future, other opportunities could arise or you might just fancy a change. Whatever the reason, here are some ideas of how you can increase the price of your home so you make a profit.
LOFT CONVERSION
If you convert the space in the loft into another room this can add up to 20% onto the asking price of your home which is an ideal way to make a profit when selling your home. It is a great way to extend your home and gain an extra room without having to move. Be sure that you don’t need to gain permission to extend your home, some local authorities require you to get planning permission before extending.
The world is your oyster when it comes to loft conversions depending on the extra space available to you. You can turn it into a master bedroom with an ensuite or separate it and make two different rooms, perfect for siblings. Families looking to buy a home love the idea of loft conversions as they can take it from what you had it as an either keep it the same or turn it into something else, a games room perhaps,
OPEN PLAN
Open plan is something a lot of families are particularly fond of nowadays. The reason behind this is that they can see everything that is going on. If you are cooking in the kitchen then you can see what other people in the house are up to without having to leave the room. Particularly useful if you have children in your home.
It really does open up the space available and makes the interior seem a lot bigger than it is. Open plan is amazing if you have a small space to play with, rather than making it seem smaller with walls, open it up. Open plan kitchen diners mean you can entertain guests and still sort stuff out in the kitchen, it is also great for letting as much natural light in as possible thus saving on your electricity bills.
KITCHEN + BATHROOM
Kitchen and bathroom renovations can bring about a 15% profit when you sell, so it’s definitely worth thinking about as a way to make a profit when selling your home. People love modern kitchens and bathrooms so if your old one is looking tired and old then you should think about remodelling. There are professional house renovators out there who can help you with this, research online and find a good company with impressive reviews and you will be amazed at the transformation.
You might not like the current style of your kitchen or bathroom so by having it refitted you can choose where you want everything to go and in your own style. If you want the bath to be taken out and a huge shower fitted then that is what you can do. Bear in mind that buyers prefer to have both options available to them when they purchase a house. Baths are far more practical if you have children as well, a lot easier than a shower.
We hope this helps to give you an idea of how you can get a profit when the time comes to selling your property. If you do little bits here and there then you can spread out the cost rather than doing it all in one go.
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You may also enjoy these articles: 4 tips to consider when renovating your new home + ideas for giving your homes exterior a facelift
This has been a collaborative post. All thoughts and opinions expressed above are not my own
