Improving the home is no longer limited to those wanting to climb their way up the property ladder. These days it’s the norm to add value not just with the goal of selling for a profit, but for bettering day to day life.
Having said this, you can rest easy in the knowledge that whatever changes you make to enjoy your maisonette now, if done right, will pay off in the future.
It’s all about insulation, insulation, and more insulation! While many methods don’t come cheap, these costs will pay themselves back in saved energy bills, and added value to the property.
Fitting the home with double glazed windows has become a more popular option within the past few years, and quite rightly. While the initial fittings can prove expensive (roughly £500 per window), in the long run this will save the homeowner roughly £50-£80 a year on energy bills, depending on the size of the maisonette.
This is not only attractive to future homeowners because of the financial rewards, but also has environmental benefits. It has been estimated that eco-friendly homes can sell for up to 6% more than a standard one.
Adding a bathroom
While this may not be applicable to every maisonette owner as it’s dependent on size, if you have the space, adding a bathroom can be one of the best ways to add value to your home. It has been said that future buyers only really focus on two rooms: the kitchen, and the bathroom.
Converting an unused room into a bathroom can cost between £2500-£6000. However, if you’re planning on selling your maisonette this can be paid off in returns, as bathrooms have the potential to add between 4-5% to our home’s value. Plus, it will save the dreaded morning arguments as to who gets to use the shower first.
Installing underfloor heating
While in days past this was considered a luxury reserved for those properties with rooftop jacuzzis and gift-wrapping rooms, underfloor heating in recent times has become a popular option for those looking to efficiently heat their homes at a lower cost.
However, because this method of heating has retained this luxurious reputation, this can mean a heightened appeal to future buyers. To add to this, underfloor heating provides a level of comfort that is not achieved by conventional radiators… because really, is there anything worse than waking up for a shower on a winter’s morning and having to tiptoe across ice cold bathroom tiles?
Renovating your kitchen
Perhaps one of the best ways to add value to a maisonette would be to undergo a kitchen renovation. Gone are the days of kitchens solely being used for food and cooking, the kitchen is now a focal room with more than one purpose - a concept that is especially prevalent in maisonettes, where space is sometimes limited.
A well designed kitchen can often be the pull factor for future buyers, so it’s crucial to get it done right. Perhaps the best way to add value to your kitchen is to renovate appropriately with the space that you have… don’t try and cram too much into a smaller sized kitchen, while similarly, take advantage of the room you have in kitchens of a larger size.
Here are some of the top design features that can add value to your kitchen:
Image credit: Sellhousefast.uk
Landscape your garden
This is a perfect value adding project for maisonette owners, as these properties often come with a garden. Before you begin your renovation, you’ll have to decide what you’re capable of doing yourself, and what you’ll have to hire a professional for. This is subject to your skills and trust in your own green fingers…
Here are some features you might consider when landscaping your garden:
- A rockery
- Vegetable beds
- A pond
- A shingle path
- A new patio
However, if none of these projects appeal to you, simply maintaining your garden and trimming back those rose bushes can be beneficial, as a well-maintained garden has the potential to increase your home’s value.
Thinking of improving your maisonette? Book in a free consultation call with Resi, to find out how to get your project underway.