Five Great Ways To Increase Your House’s Value
In life, one of the greatest investments you can make goes towards a house. With that said, the value of a house can be drastically increased in just a few simple ways.
Whether you are looking to buy a house for the first time or are looking to flip the existing house that you have for a higher price, this guide has outlined five great ways to make that dream a reality. Read on now for the full overview.
Protect Against Water Damage
I think water damage is the most common disaster your home can ever experience. It is also considered as the costliest. It may cost you billions of dollars on an annual basis.
Water damage can drastically decrease a home’s value. To ensure that water damage does not affect your house too much. Make sure that your gutters are kept clean. You can also do a routine check up for your pipes. Lastly, you must ensure that your basement is water resistant.
Secondly, you must check all drainage processes. Water must be drained away from your property. Seepage is usually worsened by the soil, which makes the water flow towards the building.
If the soil is already saturated after a storm, water starts to flow toward the building. As a result, it may enter through leaks or cracks in the wall. Thus, it is necessary to drain the water away from the premises and keep the soil unsaturated.
Lastly, you must reseal your basement. Water can enter the basement due to cracks in the building’s foundation. You may have overlooked the water seepage after the storm, but now it is time to find a perfect solution.
You must apply water sealant in those vulnerable areas. This way, you can easily prevent seepage.
If your house has already been affected by water damage in the Dallas area, then check out the great services available at Deep Water.
Kit Out Your Basement
You can easily increase the value and livability of your home by renovating your basement. Whether you are looking for potential buyers or want to create a functional space, the basement is a great place to start.
Assess the current condition of your basement. Check if there is any mold, or if the area is prone to flooding. Does your basement have a low ceiling? Or maybe the lighting is a bit low?
Your basement should not just be a place to do laundry or grab beers from a second fridge. Instead, it can become an entire room of its own. Once you have securely made it waterproof, you can turn it either into a chill-out zone for friends to visit or a games room for extra fun.
You can also do more than just make it a single-purpose room. You can turn your basement into a multipurpose space. So that, later on, you can easily make changes based on your needs and aesthetics.
Do you know that quality matters once you double your home value? Thus, you should always consider durable and high-quality materials that can improve overall aesthetics.
Whether you are choosing water sealant or energy-efficient lighting, you should always focus on the overall quality. This will add more value to your house and set it off for the long run.
Adding another room to the house through the basement can increase the house’s value by over 10 percent.
Split Your House Into Flats
There is no need to sell your house as a single unit. In fact, one way to drastically increase the property’s value is to split it into flats. It may cost you a lot of money. But, in this process, you must ensure each section has its own kitchen and bathroom. On top of that, you must check if it is abiding by all the rules.
As a result, it will increase the overall value of each property section.
Additionally, you can still live in one of the flats and then rent out the others, providing a passive income for yourself.
Loft Conversion
Suppose you have a small house but can still consider a loft conversion. Who knows? A dormer loft conversion may allow you to stay in your own house rather than look for a bigger space.
Just as your basement can be a worthwhile investment in your house, it might be worthwhile to convert your loft into a stylish top-floor bedroom.
Having an extra room in the house will drastically increase its value, as potential buyers will know that they have more rooms to accommodate their family or to invite friends. Moreover, it can potentially increase the sale of the house as well.
It may involve a lot of money for the entire process. However, it can potentially increase the overall value of your house.
Tend To The Garden
Your garden is just as important as your house. Make sure that you turn it into a true extension of the house, whether that is by planting a variety of lovely flowers, making sure that the lawn has enough water, or creating decking for people to sit on in the summer months.
By having a garden that people will enjoy living in, you are basically extending the parts of the house that people can hang out in, easily increasing the value of your home in the process.
Wrapping it up!
Not all renovations and improvements can increase the overall value of your home. You may plan for lots of upgrades, such as new heating or building a conservatory. I mean, who does not want to add more features to their house? But you may end up pushing it a little too far.
You may end up making your house look less desirable. In such cases, you can always consider consulting with a professional real estate agent. They can help you by giving a rough idea about how much it will cost you or what changes you can make to your house.
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