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You are here: Home / Words of Wisdom / Squeeze More Cash from Your Home: These Renovations Pay Off!

Squeeze More Cash from Your Home: These Renovations Pay Off!

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home extension renovation

Home extension renovation.

People who are interested in renovations are often interested in the ones that can add a bunch of value to their property. Of course, it is always worth remembering that any renovation should be something that you will actually want to use and enjoy for however long you intend to stay at that property. Even though there are renovations out there than can give your property value a healthy boost, it is usually not likely that any given renovation will actually pay for itself completely or bring you a profit.

We are going to look at the more practical side of things as well as the monetary side. These are the renovations that you can use while you are living at the property. In addition, when it is time to move on and sell up, these additions will definitely help when it comes to increasing the price at which you can sell your property.

DIY repairs

DIY repairs

Fixes

First, you may find that the best renovations you could possibly make come in the form of simple fixes! Many people start getting to work on renovations that seem outlandish, fun, and fantastical, but will completely neglect to actually resolve problems they already have. Maybe because it seems like a sort of boring project. Get your home inspected and look towards fixing problems that can decrease your home’s value!

landscaping

Landscaping

Trees and low-maintenance landscaping

Trees and plants in your garden can make a massive difference. I am not talking about growing some elaborate garden, here. Something that adds some character and nature to the backyard without looking like it demands much maintenance. Moreover, “low-maintenance” is the keyword, here. For many, a garden that looks like it will take a lot of effort to maintain may actually make a home seem like it’s worth less to people who don’t have green fingers!

Outdoor storage

Outdoor storage

Additional outdoor storage

People who are searching for new homes often feel that you really cannot have enough storage. I cannot say I disagree with them! Storage is important, and people love the idea of having a place to keep things that means they can collect mementos and appliances without having to worry about drowning themselves in their own belongings. With this in mind, a storage facility in the backyard can be very attractive. Something simple and tough, like a steel building, can definitely help add value to the property. Check out Armstrong Steel reviews to find out more.

Loft bedroom

Loft bedroom

Loft conversions

The more bedrooms your property has, the more likely it will be sold at a price that will please you. Moreover, something that homebuyers have proven themselves to be very keen on is a bedroom in the loft. These days, many people see lofts as junk areas that they hope to convert into something of real use and pleasure at some point in the future. If the loft has already been converted, then the entire property becomes a very attractive proposition! A good loft conversion is definitely the most expensive option here, but it can also add around 8-10% of a home’s values.

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