Real estate prices are booming at the moment. If you’re considering different ways to add value to your home, here are four ways that a builder can help add value to your home.
1. GO OPEN PLAN
Many older homes are composed of small rooms. Buyers today are looking for open plan homes. A builder can knock out non-structural walls or add a beam to a structural wall and knock it out. The cost of knocking out a wall is usually less than the value it creates. Anything that makes your home feel lighter, and more spacious will add significant value.
2. ADD A BEDROOM
Adding a bedroom to your house is a good way to add value to it. A builder can help you find the most cost-effective way to add a bedroom. Some ways they might include:
• Moving internal walls
• Enclosing a patio or balcony
• Adding a home extension
3. BUILD A GRANNY FLAT
A granny flat can add value to your home in two ways. Granny flats can be custom built, or come in flat-pack/kit forms. While you’re living in your home, you can rent the granny flat. When you sell your home, the granny flat will add to its value.
The first thing buyers see is your exterior. If your home has curb appeal, its value is instantly increased. A builder can do a number of things to modernise the exterior of an older home. Even cosmetic improvements can make a big difference to your home’s value. While you’re at it, have your house painted and do some landscaping.
4. CREATE AN OUTDOOR LIVING SPACE
Home buyers today are looking for indoor/outdoor living spaces. Creating an outdoor living space doesn’t have to be expensive but will add significantly to the value of your home. Some outdoor living spaces to consider with your builder are:
• A sunroom
• An outdoor kitchen
• A living room extension
• An outdoor dining room