October 14, 2018

Real Estate

3 Practical Ways to Give Your Property a Boost in Value

For many of us, our homes are our most significant investments. While the purpose of any upgrades and improvements to our properties are meant primarily for the comfort and convenience of our family, friends or any potential guests, we’re also contributing to either its increase or decrease in value, whether we are aware of it or not. As such, it’s essential that any changes or modifications we opt for result in the former rather than the latter, especially when the time comes to sell. To this end, here are a few practical ways to give your property a boost in value.

  1. Future-proof your home with energy-efficient technology

More and more homeowners have started to make the transition towards energy efficient technology like solar power and LEDs. This happened for a good reason: not only does it help keep the monthly expenditure towards the electric bills at a minimum, but it also significantly affects its resale value and desirability. Best of all, the cost of integrating these types of technology with our properties has become much more affordable in recent years and is well worth the investment when considering the results it can potentially produce.

  1. Use old furniture rather than buying brand new items

It might sound odd that using old furniture can lift the value of a home but with the rise in popularity in the art-deco and casual themes, a lot of aspiring homeowners today have started to find value in the rustic look more so than the modern and sterile equivalents. Because of this, it makes sense to refurbish and reuse rather than buying brand new items. In this way, you’ll risk less money that you may not potentially get back.

  1. Acquire the services of professional designers

The design is one of the elements that many of us often take lightly, but it actually plays a far more crucial role in boosting the value of a home, more so than it is usually given credit for. While we may undoubtedly have ideas of our own in the aesthetic direction that we want to take with our properties, it is good standard practice to seek and acquire the services of residential design specialists first before making any decisions. In this way, you’ll not only be minimising the chances of having to rectify any potentially costly mistakes, but you’re also maximising the results too.

Boosting the value of a home is not as complicated nor as expensive as some might think. The key is always to prioritise the improvements and upgrades that are much more functional rather than merely serving to enhance the aesthetic appeal of the property. The same good standard practices still apply when looking to acquire equipment, items and services too: it’s crucial to always put in the effort looking for inexpensive alternatives. Tedious as this might be to some, it’s well worth the investment of time when considering the potential savings that can be achieved.


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