Your house is perhaps your most-prized possession as it grants you comfort and shelter, brings stability to your life, and adds to your assets, providing you with a solid foundation against any prospective challenges you may face in the future. Purchasing and owning your own property is a dream come true event for any individual. However, there are some prerequisites to choosing a house, which include the geographical location where you plan to dwell, the lifestyle of the people around, the value of property in that area and the quality, size and facilities of your potential house to name a few.
People often prefer residing in areas that are relatively tranquil with a classic, natural lifestyle while also accommodating the latest facilities to fulfill their needs and wants. For such people, there are several houses for sale in Wellington Point, a high-value area known for offering a simple lifestyle. Wellington Point is on the outskirts of Redland City, 22 km east of Brisbane. Although it is an urban city, it maintains the seaside, closer-to-nature, small-town environment. Pubs, clubs, and water sports facilities are the major recreational activities in the area.
Whether you wish to buy a flat or a bungalow of your own, bear in mind that you will need some sort of renovation in order to begin its use. If you are contemplating to buy a house for investment purposes, you must add substantial value to it in order to ensure it yields the best return when you decide to sell it in the market.
With the objective to guide you about the creative ways that significantly boost the capital value of your property, we have compiled a list of measures you can take to add value to your home:
1) Enhance its Curb Appeal
Curb appeal refers to the attractiveness of the exterior of a property. It is vital for anyone wishing to add value to their property to enhance their house’s curb appeal. Make sure your house accentuates positive vibes and creates an incredible first impression.
Maintain your outdoor area, keep it clean, trim your lawn, finish up your minor repairs and loose fittings and keep insects and other harmful bugs away from your house. A well-landscaped home provides a great first impression of your house in front of visitors or potential buyers.
2) Install Patios
A patio is the covered outdoor living area adjoining the house that is accompanied by an overhead roof. Patios add great monetary value to your residence, serving as a recreational area for everyone in the house. Installing patios instantly enhances the appeal of your house, provides extra outdoor space for entertainment with comfort and style simultaneously.
Patios protect you and your furniture from the harsh effects of different seasons. They are made from good quality, durable materials; therefore, they are low-maintenance structures. Patios give an upper hand to the house owners during the sale of the property; hence they are vital if you wish to boost your house’s worth.
3) Add a Conservatory
Add some life to your house by incorporating some healthy plants and creating a conservatory. The conservatory makes you feel fresh and gives positive vibes to those who come to visit the house – it gives your home an added advantage over others in a competitive real estate market.
However, the key to a proper conservatory is the accurate execution of an energy-efficient, close-to-nature nursery that complements your home’s overall aesthetic, creating a refreshing environment to relax and unwind.
4) Build a Deck
A deck is an attractive, practical, outdoor space attached to the house. It is basically a small flat surface area that is elevated from the ground and connected to the outside of your property. It can be used for a number of purposes including cooking out, outdoor entertainment, or simply relaxing.
In addition to providing an excellent outdoor space for a variety of activities, a deck is an impressive selling point due to its practicality and aesthetic appeal. According to Remodeling’s 2019 Cost Versus Value Report, constructing a deck in houses generated a 69.1 percent return on investment.
5) Stay Up-to-Date on your Repairs
Those minor renovations in your house can create a very bad image of your property in front of those who visit you to purchase your house. You may think they are not so important; however, they make the biggest difference. It is advised that you fix your repairs including the leaky faucets, cracked plaster, broken window panes, dented doors, and worn-out upholstery, to name a few. Doing so in a timely manner can help you to exhibit a well-maintained house so you can seal a good deal, allowing you to gain a hefty amount as the final sale price.
The Final Word
In a nutshell, there are several creative ideas that you can use to add value to your property. From adding patios and conservatories to add a natural touch to installing a beautiful deck and improving the exterior of your home, there are so many things you can do.
However, you need to choose the option that suits your overall aesthetics, is within your budget and yields the best results in making your house look decent, comfortable and attractive at the same time. Your house is definitely your biggest asset and it only makes sense to take care of it as a top priority. By continuing to make improvements from time to time, you can provide a significant boost to the value of your property.