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While buying a home is an exciting milestone, it’s also a serious commitment! At times, paying off a mortgage will put a strain on your finances, but in the end, it all pays off. Whether you plan on flipping your new purchase or renting it out down the line, there are a few affordable ways you can boost the value of your home while still paying off a mortgage. Try these cost-effective upgrades to make your home more attractive to potential buyers and double your investment!
1. Upgrade your finishes
Although small, finishes make a big difference. Whether you’ve purchased an old or new house, nine times out of ten the appliances will either be outdated or of poor quality. By simply swapping out the fittings and upgrading the furnishings, your home will look more modern, chic and appealing to big-budget buyers.
2. Freshen up the walls
A little bit of paint can go a long way in freshening up your home. If your home is small and doesn’t get a lot of natural light, the colour white works wonders. With a few fresh coats, your space will feel brighter and even appear bigger! You can also incorporate a pop of colour with an accent wall, using a bold, geometric shape or pattern to give it a trendy touch.
3. Rejuvenate the garden
Whether you have a large garden or a small patio, sprucing up your outdoor space is a simple and cost-effective way to add value to your home. Vertical planters, fast-growing creepers and hardy herb gardens are a few affordable and low-maintenance options for small spaces. If you have a bigger budget and outdoor area, adding a deck or fire pit will be a hit with buyers who like to entertain.
4. Invest in clean energy
With a greater focus being placed on the environment, more homeowners are investing in eco-friendly features. Installing clean energy alternatives such as solar panels and energy-saving bulbs is not only a great way to cut down your ecological footprint but your monthly expenses too!
5. Increase storage space
It doesn’t matter if you’re a mom of three or a bachelor, everyone needs space. While storage is essential, it’s something many people struggle to find in a home. Installing a few floating in the living room, hooks behind the doors or a cabernet in the bathroom will ensure this box is ticked!
Self storage is a safe and affordable way to store your prized possessions during the renovation process or to simply free up space at home. At Storage King, we offer a variety of different size units, flexible lease agreements and convenient access, giving you the freedom to store your belongings for as long as you need. Contact us at 0800 0852 954 to find out more or get a quick and easy quote online.
