Choosing a home to live in doesn’t come easy. There are plenty of routes to go down, whether that’s a countryside estate, a city-based penthouse, or pad on the beach. Whatever you envision yourself living in is hard to find in any market, but that’s when the world of renovations comes into play. Finding a property to conduct renovations on is a million times easier than finding something that’s done to perfection – and the best bit? It’s cheaper! A doer-upper, as it’s called, will not only make sure that the property is completed to the finest of standards, and personalized to you; but it also adds a bunch to its value.
Now, we are not just talking about the regular improvements that increase the value tenfold, we’re diving into the wild and wonderful world of home improvements that you can splash the cash on. That’s not to say that changing carpets, doors or windows isn’t enough, because it is. In fact, 2022 alone saw that new doors on the front and back gave a 90% return on investment for the average household and adding a conservatory gave a ROI of 108% when it came to selling. Now, there are things that jump out at you and are obvious as to what to change about your new dream home, but let’s take a look at something a little bit different…
- Sports Bar
A sports bar, games room, or anything that can be used as a form of entertainment will always add value to your property due to the added square footage. Not only is this a brilliant improvement that the whole family will love, but it is also a development that you can make to your home that will ensure an easy sale when the time comes. Creating a room you can host a games night where you and your friends can sit around trying out best casino slot games will make your home lifestyle 100% better; and the upsell will be great, too. Whether you incorporate a home bar and use it for casual drinks with some online betting, or an actual in-house poker room, you can create your very own Vegas – all a few steps from the heart of your house… brilliant!
If you’re more of a drinker and want to offer up some craft beers, then a stock filled bar that’s decked out to the max is also a great way to use a space. Gather all of the memorabilia of your favorite sports bar and get your friends over for the next game; you’ll be the talk of the town and the envy of the crowd.
- Swimming Pool
This one is understood, but it’s definitely worth a mention. Building a swimming pool in your home is a great improvement because, again, it improves your lifestyle, but it also increases the value. Building them isn’t cheap, and they can start at $20,000 and go into the region of $200,000 – but gosh it’s worth it! Indoor ones are more favored when searching for properties as they can be used all year round and the square footage of your property will again, be increased.
Though people love indoors, and outdoor addition is great for all kinds of summer parties and hosting. Teach your kids to swim in the comfort of your own home, and even add an outdoor kitchen/bar to the sides to create the ultimate summer event space.
We know this isn’t attainable for everyone, but the investment that you’ll make towards a pool will almost certainly be repaid when the time has come to sell your beloved home.
- Home Gyms
Home gyms, spas, or wellness spaces – the world has turned into a more home-body ethos, and we are all looking for ways to improve our daily life from home. This improvement to your home isn’t just talking about a garage gym that can be made from most small nooks and crannies, this is about a whole space dedicated to leisure. Wellness is now the biggest trend in the property market, and buyers are on the hunt for spaces that are used in replace of a gym. Luxury materials should be used to create a breathtaking luxe spa-like bathroom, and even an in-house sauna, too. This creates a Zen space within your home, which is often being selected over a home gym.
Alternatively, a fancy home gym will give you the privacy you require and the luxury standard that you are thriving for. Add the spa element to the side of it with a jacuzzi, steam room and shower room, and your home will see a rise in its value instantly. Eventually – you’ll never need to invest in expensive memberships across the city when you have everything you need to relax, unwind and destress from the very comfort of home.
Regardless of whether you can add these premium additions to your next renovation project, anything that you can do to your dream home will be an increase on its own. Depending on what feel you are going for in the space, even a lick of paint will add value when it’s being viewed by a potential purchaser.
Barry Lachey is a Professional Editor at Zobuz. Previously He has also worked for Moxly Sports and Network Resources “Joe Joe.” He is a graduate of the Kings College at the University of Thames Valley London. You can reach Barry via email or by phone.