What is your home to you? Is it a canvas upon which you paint the brushstrokes of your personality in creative and idiosyncratic ways? Is it a museum of your mind where guests are free to wander and get to learn more about you through your style of decor and the books you keep on your shelf? Is it a shelter and reprieve from the stresses of work and day to day life? Is it a haven where you and your family can relax and enjoy one another’s company? Is it all of these things and more? Whatever your home is to you, there may come a time when it stops fulfilling that function or starting to lose its mojo. You may outgrow your home or it may no longer be suited to your lifestyle. If so, when you place it on the market for a sale, you need to know that you’ll get the biggest return possible so that you can put those wonderful profits towards your new dream home.
We all know that flourishes and enhancements like new kitchens and bathrooms or extensions can add value to our homes, but here are some unexpected (and surprisingly affordable) things that you may never have known could add value to your home…
Unless it starts leaking or you see a handful of roof tiles and a cascade of broken glass where your car’s windshield used to be, you probably don’t give a great deal of thought to your roof? Why would you? Most of the time it’s out of sight and out of mind. But believe it or not, replacing your existing roof tiles with architectural / designer shingles- check out this link to learn more, can not only make your roof more aesthetically appealing, it can also add significant value to your home. This is because they are more versatile in terms of design, offer greater wind resistance and in many cases offer a much longer warranty than standard flat shingles.
Your street name
No kidding, the name of your street could actually have a knock on effect on the value of your home. Believe it or not, having a street name with the word ‘Main’ in it can affect the value of your home. According to this New York Times article, houses on roads called “Main Court” are worth up to 75% more than those on “Main Street”. Certain addresses simply have a nicer ring to them, and this can make them more desirable and thus worth more.
All bar none
Whether you like to unwind with a drink after a long day at work, proximity to a bar or pub can also boost the value of your home by up to 23%. Most of us enjoy a cool beer or a glass of wine after a long, hard day, but few of us relish the prospect of being the designated driver. As such, living within walking distance of a bar is a surprisingly valuable commodity which could see you increase the value of your home without spending a penny on renovations.