Remodeling & Energy Efficiency in your House
Adding Value to Your Home
Your estate agent may well have told you the most likely type of person that will buy your house in the future so you should remodel your property with this in mind. For example, if you are expecting to sell to a working couple, it might be a good idea to spend some money on enlarging your driveway to allow for two cars. If you expect to sell to an older couple with grown up children, then an extra bedroom may not be needed.
Before commencing any major building work on your property however, it's vital that you obtain any required planning permissions.
Think about what future potential buyers would like to see in your house, especially in an older property. Is there room for a downstairs toilet or an en-suite bathroom? Can a large unused larder space be converted into a utility room?
If you are looking for more living space, it's a good idea to convert a dusty attic to a modern bedroom, but before rushing to convert a garage, consider how much space you already have. Potential buyers may not need this extra space and may prefer to use the garage as a utility room, or even to park their car!
If you own an older property, buyers may appreciate the period pieces and features of your house such as doors and windows. It's important to highlight these features and make sure they remain after any renovations or remodeling work. Central heating is expected in today's market, so older houses without it are at a large disadvantage. Money spent on upgrading your heating system is well worth it.
Nowadays, buyers will consider the energy efficiency of your home so be prepared to budget for modern levels of insulation. Fitting double or treble glazed windows will allow you to maximise the value of your property.
Be careful not to spend your money on the wrong improvements. Increasing the number of bedrooms at the expense of other rooms, such as living rooms may be a mistake. As far as possible, buyers should be given the freedom to decide the use of the rooms.
Although interior design and property programmes on television often feature rooms with open plan downstairs. These may look good but are they really practical with regards to heating your house and providing privacy for family members?
Unless you can obtain a grant, technological features such as solar panels may not be cost effective since they take a long time to repay their initial purchase cost.
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