Valuable Property Improvements

Do-it-yourself home improvement has long been a hobby of many people who want their creativity reflected in their house. But over the years, home improvement works have become more than just a pursuit undertaken to make the home beautiful and attractive. This is because many people these days do them to increase their home's market value.

Every homeowner must understand, however, that not all home improvements will automatically increase the value of their property. There are substantial projects that are simply not investment worthy, and there are minor improvements that can significantly boost property value. The following are three of the preferred options for making home changes.

First is loft conversion. Several surveys show that loft conversion reaps the highest return on investment (ROI). Its value averages between 10 to 20 percent. Lofts with good roof height are perfect for conversion. Many homeowners use their loft to add a value-boosting bedroom with an en suite bathroom. Compare to basement conversion, loft conversion is more cost-effective and less expensive, allowing homeowners to recover their investment immediately.

Second is bedroom addition. Adding extra bedroom can have a satisfying effect on the resale value of a property. Survey figures show that adding extra room can increase home value by over 11 percent. Homeowners must see to it, however, to avoid cramming their house with so many little bedrooms, because there are home buyers who prefer one or two spacious bedrooms.

And the last but not the least is central heating installation. Although this might not be the most inspiring project, this is a must-do for everyone who wants to give their home equity a boost. This is because fitting a central heating system can add about 13 percent value to a residential property at the least expense.

So as you think about giving your home a makeover, consider the home improvement projects enumerated above.