7 Simple Ways to Add Value to Your Property (4 Video Links)
Being a homeowner is a great way to invest in yourself, as you can constantly add value to your property by doing some simple changes every now and then. If you need ideas, here are 6 simple ways you can add value to your property.
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#1 Redecorating
The most common way that a large number of people will go about adding value to their property is by simply redecorating. This can be done easily and fairly cheaply by just getting a little paint or wallpaper and freshening up each room.
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#2 Hiring professionals
A simple way to add value to your property is by investing your money into professional work. For example, if you had a little more work than just mowing the lawn you could hire a gardener to transform it for you, or maybe your ceilings and walls need a touch up in which case, you can hire The Patch Boys, as they specialize in drywall repairs.
#3 Loft conversions
If you have a loft that is doing nothing or just storing old unused items, you may want to reconsider how you use this space. A great way to add value to your home is to convert your loft into an extra living space, for example, another bedroom, a small office, or even just somewhere to sit and relax away from the rest of the house.
#4 Extensions
Similar to loft conversions, property extensions are also another great way to add value to your home just by creating a bit more of it. The two most common rooms that people will extend are their living rooms by adding a conservatory onto the end of it, generally creating a larger and brighter area. The other commonly chosen option is to extend the kitchen, as this is an area that everyone has to spend time in on a daily basis.
#5 Flooring
Often flooring is overlooked, but it can have a huge impact on how the property feels and is perceived. There are many different options for you to choose from. For example, you can install carpets, tiles, laminated flooring, and even heated flooring for the cold winter months.
#6 Modernizing rooms
Sometimes just painting, wallpapering, or changing the flooring isn’t enough to add the desired amount of value to a property. The next step to consider is whether you actually just want to completely redo a room and modernize it. Most commonly bathrooms and kitchens are chosen to be modernized as these will have the biggest impact on the value of your home.
#7 General maintenance
Just by keeping on top of your property maintenance, you will be adding value to your home. This means that small problems won’t become big costly issues and end up causing damage or leading to disrepair. This will help maintain its value, and in some cases, increase it.
There are many other ways in which you can add value to your home, with some being more complex than others. But if you are looking for somewhere to start, try any of these simple ways.
Ken Boyd
Author: Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies and 1,001 Accounting Questions for Dummies
(amazon author page) amazon.com/author/kenboyd
(email) ken@stltest.net
(website and blog) https://www.accountingaccidentally.com/