5 of the Best Household Investments to Make

For a lot of us a home is an investment, as much as it is a place to live. Even though house prices have at best remained stagnant in some countries, in the UK and other parts of Europe at least it seems that things are picking up again somewhat. So, for those with some extra cash lying about we take a look at some of the best household investments to make and how they can not only enhance your lifestyle but also your property’s worth.

Kitchen

Kitchens are the best place to put your money, unless there is another part of the home in dire need of

repair. When people come to look at homes, generally the first port of call is the kitchen – after all that’s where the magic happens. A well placed, logically planned kitchen made from quality materials that look great and will last, will really help sell a home. For a lot of people the kitchen is the main living area of the home and so the desirability factor here is huge. In short, it’s the first port of call if you’re looking to invest.

Attic/ Basement

With land prices as high as they are in so many countries, it only makes sense to add extra space to the land you already have. An attic or basement renovation can add a lot more room to the home and add instant square foot and equity to your property as an investment. It is added living space that you would pay a lot more for if you extended out of the house. All you have to do is make sure that it’s well insulated and that all property planning and codes are met. It’s the ideal place for a playroom, extra bedroom and bathroom or just a chill out area and it adds notable value and a decent return.

Bathroom

The bathroom is also a desirable current area of the home where renovation pays. Adding some new fixtures, modernising and making the room look a little more sophisticated can go a long way. Bathrooms can repay investment significantly and a little texture and a few improvements can go a long way in monetary terms.

Garage

If you own a home with a connected garage, then this is the place to build onto to provide that extra room. Garages are generally full of junk and stuff that’s not needed in the home and seldom used for much more. As the structure is already there, you just have to make it inhabitable and adding insulation, interior walls and decoration is only the start of making the most of this extra space and provide the most bang for your buck when looking to increase property worth and add desirability for when you wish to sell your home.

Curb Appeal

The curb appeal is the appeal your home has from the first impression from the side of the road. If a

home looks like a junk yard people will tend to give it no more than a look. However, if it looks great from outdoors then it’s far more desirable and so worth more. A decent landscaper, some paint and some other little tweaks can add a lot to your home’s exterior and also its price.

These are just some of the best home improvements to make when looking to increase a home’s price. So, take heed and invest to improve quality of life and also home value. 

Author: Cormac Reynolds

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