We tend to approach home improvement projects for a particular reason. Some of us just want to change the way the house looks or refresh the ambience a little bit. Others take on home improvement projects to boost the value of the property before deciding to sell it. Regardless of your goal, considering the potential return – and benefits – of home improvement projects is one of the best ways to determine if the project is worth investing in.
Some home improvements are known to bring about a large return in value. In this article, we are going to take a closer look at some of them and review the benefits they bring to you as the homeowner.
After a few years, it is not uncommon for your bathroom to show signs of wear. Bathrooms usually age more quickly than the rest of the house. It is a high-traffic area that needs a lot of maintenance. A quick refresh is usually enough to make a bathroom look beautiful again, but a complete remodel is an investment worth considering.
On average, a bathroom remodel costs around £4,000 to £6,000. This includes the cost of changing the bathtub, the surrounding tiles, the sink, toilet and fixtures. It also includes some additional cabinets to expand the storage capacity. It may seem like a large amount of money to spend on a bathroom, but the final results are well worth every penny.
According to the latest market surveys, a brand new bathroom could boost the value of a property by as much as £15,000. On average, however, you can expect anywhere from £10,000 to £12,000, which means you’re looking at a potential return of around 20%, making it a great investment to make.
New and Smarter Windows
Windows are a popular home improvement. Energy-efficient windows with double glazing and better insulation can help reduce energy bills by as much as 30%. If you have cracks and leaks, window replacement is definitely a home improvement project to prioritize.
Today, there are also special features you can add to your home windows. Electronic openers and window systems that can be integrated with your smart home system or pre-programmed are becoming increasingly popular as they get more affordable. We have brands such as Teal Products offering solutions at an affordable price.
Don’t just focus on the property itself or the interior of the house. For a home to feel really welcoming, it also needs to give off the right first impression. For many properties, this means having a gorgeous front garden and a beautiful entrance.
Investing in landscaping can be the solution you need if you want to make your property more appealing and warm. It doesn’t cost much to make a beautiful front garden. Most projects will set you back £1,000 and help you boost the value of your property by as much as double that amount. Add the previous home improvements we talked about in this article and you will have no trouble at all getting top value for your home.