Making improvements to one’s home can have many fantastic benefits both to the property and for the quality of life for those living within its four walls. In fact, renovating your home not only makes it look and feel better, but it can also add substantial value to it. In fact, a property in Leicester valued at £200,000 could add a further £74,000 to its value by making three desirable changes to it.
So, what are some of the most important aspects of a home renovation? And what should you consider before moving forward with it? The advice below will help you better understand the complex processes involved and, hopefully, help you decide as to whether a home renovation is the right choice for you.
Understanding the Renovation Process.
The renovation process [1] involves several key steps, which begin with the evaluation of the existing property layout and exploring the potential for an increase in profitability. Once this has been completed, the next step is the design process. The design process involves taking every aspect of the current building’s design into consideration and then working out how to improve upon it. This can be a complex and at times frustrating task to complete, especially if you struggle to see the completed picture in your mind.
Once the design process is complete and the plans have been laid out, the restoration and repair of the key features can begin. This step allows the home to retain some of its original features that lend themselves to creating a sense of character. It is important to know whether you should repair a feature or if you should replace it. Removing too much of the original outlay can leave a property looking sterile or as if something is not quite right. In fact, the renovation and restoration processes are as much of a science as they are a skill.
Structural changes may also play a big part in the renovation process and help you create more usable space throughout your home. Structural changes such as a loft or garage conversion not only help provide more space but also add an increase to the value of your property. It may also involve the removal of internal walls, and this is where expertise is required. Removing a load bearing wall could see your property reduced to the ground at the very worst or structurally unsound at the very best.
Other Things to Consider
There are also many other factors such as updating the electrical wiring throughout the home, adding or removing windows and doors, repurposing the function of a room, and adding or removing exterior extensions. If you are considering performing a home renovation in Leicester, then consulting with a dedicated and professional company who understand your desires would be your best option.
Deciding to renovate your home can be a stressful and time-consuming choice. However, the end result can create a property that you have always dreamed of while increasing its value by up to 21%[2].
- https://en.wikipedia.org/wiki/Renovation
https://www.policyexpert.co.uk/insurance-blog/house-home/how-to-add-the-most-value-to-your-home/