Houses are where people go to unwind after a long day at work, they are also good investments. After you purchase a house, you’ll want to make sure that you increase your property’s value in the long run by doing some revamping and repurposing rooms if needed. If you’re planning to sell your house, or if you’re wondering how you can increase its value, here are some qualities that make a house more appealing to buyers.
How to Increase The House Value
Swimming pools above ground and in-ground increase the value of the house, but there are certain criteria that you need to pay attention to. Houses with a big yard, adding a swimming pool that isn’t taking up the entire space of the yard adds value to the house if the swimming pool is in great condition. This goes especially if the pool is designed to accent the landscape of the yard and match the overall feel of the house. However, it can greatly reduce the value of the house if it takes up most of the space in the yard.
Eco-friendly Power & Facilities
Eco-friendly building materials are very durable and require very minimal maintenance. That said, an eco-friendly power system that uses solar panels is a very cheap source of power. These features are friendlier on the pocket, which adds great value to the house.
Having facilities in the house can also increase the value. For instance, apartments in a building that provides a gym facility, a communal swimming pool, a small communal space that people can sit in will always make it more appealing to potential buyers.
Structures can get old and lose their value over time, but having a share in the land will add value to the house. After all, land appreciates because it’s in limited supply and as the population increases the demand for land increases, so does the value. Real estate agents from Arazo Estates stress that offering the property with a share in the land is a feature that doesn’t depreciate over time, which makes it essential in adding to the value of your property. Having a share in the land is also a very good future investment, as mentioned earlier, the land value appreciates. For instance, in touristic cities, properties are very expensive, in fact, it is one of the most expensive places in the world, and that is because the land resources that can be used for building houses are scarce compared to the demand.
Small bathroom upgrades can make a house look luxurious. If you’d like to go for a modern look, you can paint the bathroom a neutral shade and add a window to make sure that more natural light is coming in. That said, adding a mirror or two could give the illusion of a larger space. If there is more than one bathroom, make sure one of them has a shower installed instead of a bathtub, as it’s essential for some people. You should also make sure to add an extractor fan for ventilation.
Repurposing a Room
Revamping a space that was intended for something else can be a great way to customize a house. For instance, changing the basement into a bedroom or a game room, or converting unused spaces such as an attic and making it a home office can be a great way to increase the value of your property. But you’ll want to make sure that the change is not so drastic that the new owners can return the room to its original purpose if they please. For example, if the house was originally a three-bedroom house and when repurposing the rooms, you eliminated one of the rooms and converted it into a walk-in closet, when it comes to time to sell the house, it’s going to be marketed as a two-bedroom house which can decrease the house’s value.
A Great Garden
A beautiful and tidy garden will add a warm element to the house, which will make it more attractive to potential buyers. A fence or mature trees that surround the garden will provide more privacy and seclusion to the inhabitants, which will add more value to the property. Consider creating a section area for seating, barbecue, eating, lawn, or work areas. Also, adding a pergola doesn’t require much planning for the area and will not cost you much, but can change the look and feel of the space entirely.
Many qualities could add value to your house. Of course, the more of these qualities you can add, the better, but even if one or two of these qualities are available, this can drastically up the value of your home.