The most valuable add-ons for your next home alteration or addition
Building or renovating a home requires careful planning and strategic decision-making. One particularly important decision we encourage our clients to consider right from the beginning is the inclusion of any valuable add-ons that will improve the overall value of their home.
Whether you’re planning an alteration or addition to your family home or an investment property, there are specific value-add options that can enhance the appeal, increase market value and attract potential tenants or buyers.
Let’s explore some of our favourite methods of value-adding your renovation.
Incorporating sustainability and energy-efficiency
Investing in energy-efficient home upgrades not only reduces the property’s environmental impact but also appeals to cost-conscious tenants or buyers if and when you sell.
This includes options like installing energy-efficient windows, LED lighting, programmable thermostats and energy-efficient appliances. These upgrades help lower utility costs (perfect for those renovating their family home with the aim to remain there) and increase the value and appeal of the property.
If you’re renovating a property with the intention of making it an investment, including sustainability and energy-efficient elements can help create a home that will have more appeal to prospective buyers or tenants.
Some additional options for your renovation plans include features like solar panels, rainwater harvesting systems, water-saving fixtures and even geothermal temperature control and hot water systems.
Designing a futuristic home with smart automation
As technology continues to advance, the ideas of smart homes and home automation are becoming more popular, making them a great area to add value.
Install features such as integrated smart lighting systems, voice-controlled assistants, automated blinds or curtains and security systems that you can control remotely. This adds value through convenience, builds on those energy efficiency aspects and incorporates a futuristic touch to the property.
We also recommend designing modern living spaces such as the kitchen and bathroom; two areas that significantly impact your property’s value.
When planning the design of these two key areas, focus on using high-quality materials, modern fixtures and stylish finishes. Elements like granite or quartz countertops, stainless steel appliances, ample storage and updated plumbing fixtures are perfect here.
Supporting flexible work and playing with extra storage space
With the rise of remote work and flexible schedules, having a dedicated home office or study nook has become increasingly important to many of our clients.
You can easily create a functional workspace that includes built-in desks, storage solutions and good natural lighting.
When paired with smart home support, incorporating technology, such as high-speed internet connectivity, to support remote work requirements can increase the value of your home significantly.
We also love to focus on maximising storage during a renovation because storage space is always in high demand for tenants or buyers.
Incorporate well-designed storage solutions throughout the property, which can include built-in closets, garage organisation, pantry shelving and functional storage spaces in cabinetry. Ample storage not only adds value but also enhances the overall functionality of the home.
Need strategic design help?
The most appropriate value-adds for your renovation will depend on your goals and objectives, your budget and the long-term plans you have for your property.
If you’re looking to explore the various ways you could increase the value of your renovation, contact us today. We’d love to see your space and help you design a functional, high-value home alteration that suits your needs and lifestyle.