Which renovations add the most value to your home?
If you’re looking to sell your home soon and need advice on how to maximise its saleability, then the Rollo Developments team is here to help you ensure your property ticks all the right boxes for potential buyers.
Renovations are the best way to add value to your home but some will add more value than others. Let’s take a look at the top projects we have found add the most value to your home…
Adding or updating a bathroom
When it comes to the bathroom, there are tons of ways to add value in a way that benefits you now as well as any potential future buyers. Simple projects like regrouting and replacing the taps can keep your bathroom feeling fresh and hygienic looking, but by thinking just a little more creatively you can turn your bathroom into a relaxation haven.
By keeping the walls a neutral shade and replacing any shower curtains with a simple, yet luxury looking glass screen, a bathroom can easily become the favourite room in the house. Really deep bathtubs are also very trendy at the moment, and no wonder why! Who wouldn’t want to lie back and let the stress of the day melt away in a tub like this?
Furthermore, 29% of homes sold in the last year had a new bathroom fitted, so a full refresh, or a further bathroom added, might be the key to selling fast and earning more.
Kitchen makeover
Kitchens are often the main focus for the bulk of buyers these days, so it may be the first thing they look to replace if they can’t imagine living in yours as it stands at the moment. So, it’s no surprise that 65% of homeowners have renovated their kitchens before selling!
Buyers are far more likely to pay more for the property if it saves them the hassle of having to buy a new kitchen. Try and think through the eyes of your ideal buyer and make the amends to your kitchen that you think they would most appreciate. Need help deciding? We’re always happy to consult and help you come up with the perfect design.
Extensions and conversions
Loft conversions, adding a conservatory, or converting a garage are great ways to maximise the space of your property and radically increase its value. In fact, 22% of homes sold last year had an extension added, which not only increased their value but also made them more appealing to buyers.
However, before deciding on your conversion or extension it might be wise to consider your target audience and try to reflect their needs. For example, is your house most likely to appeal to young professionals? If so, then the loft could be converted into a dedicated office space. Or, if young families are the most likely buyers, you could renovate the garage into a playroom with integrated storage. The options are endless, but it’s important to think about what your buyer would want that would make them happy to pay more for your property.
Obtaining planning permission
If an extension or conversion isn’t on the cards at the moment, it might be worth at least obtaining planning permission for the future buyer to utilise at a later date. You would have to spend some money on drawing up the designs and getting a survey, but it would remove a big element of doubt from a potential buyer’s mind if they knew your local authority had already approved an extension or a similar big build.
Through our vast network of contacts, we can help point you in the right direction of the best architects and surveyors to get in touch with.
Unsure what the best option is for your property?
Let’s figure it out together.
Rollo Developments are the leading name in Edinburgh renovations.
Email info@rollodevelopments.com or call 0131 210 0074 with your questions and queries.