Your property is a long-term investment and one day, you want to release the equity in it.
We can be drawn into thinking that every improvement and renovation we make to our property will add value, increasing the profit we will eventually make on our home.
But, are you making the right changes? Are you doing too much and out-pricing your property from the local market?
Making the Right Renovation Choices
Trends come and go but it is important that you add the right value in the right places when it comes to property renovation, as the infographic explains further.
The one statistic that is on every buyers mind is the Energy Performance Certificate (EPC) rating for the property. If it is near the top of the scale – from A to D – the property should be cheap to heat as it is well-insulated.
Anything lower than a D rating can make for an expensive house to heat. If your EPC rating is low, consider adding value by updating not only the insulation of the property but the type of heating system too.
Underfloor heating costs less to install and run that most traditional heating systems. Coupled with additional insulation measures, your home will be tasty warm and an attractive purchase for potential buyers.
What Else Adds Value?
From a new kitchen to a modern bathroom, there are many changes you can make to your home to add value. Find out more with this fantastic infographic from Balustrade Components.