Making home improvements on a strict budget can be tough, whatever its size. The trick is to focus on those changes that will transform the way you feel about your home and add value to the property.
But what exactly can your budget get you?
£1,000 isn’t a massive budget when it comes to making home improvements, however if you use it in the right places, it can add value to your property and make it easier to sell when the time comes, as well as making the place feel more like home until then.
Lighting is a great place to start. Good lighting can be the difference between a fresh, modern feel and something that feels dark and outdated. When it comes to selling your house, it’s all about how it makes visitors feel, and if it feels drab, you’ll find it really difficult to sell, regardless of how nice everything else may be.
With a significantly larger budget of £2,500, why not turn your focus outside? After all, it’s the first thing that people see when they come to your home. And remember, first impressions are everything.
Ensure gardens are low maintenance and look as nice in autumn and winter as they do in spring and summer. If you like the look of grass but not the upkeep, take a look at getting a good quality artificial turf. Alternatively, try decking or paving, and spruce it up with nice to haves such as a fire pit and a table and chairs so prospective buyers can imagine spending their summer nights there.
The bathroom is an essential part of the house, but it can be overlooked and forgotten about when it comes to making improvements. First things first, make sure everything works. Then focus on making it look modern and up-to-date.
If you have the space, look into adding an extra bathroom as this could significantly increase the value of your home, whether it’s downstairs or en-suite.
They say the kitchen is the heart of the home, so if you're looking to add value to your property you should consider upgrading. According to research by Which?, a new kitchen costs an average of £8,000, but gives you a good return on investment and could significantly increase the value of your home by up to 6%.
With a hefty £20,000 investment, you could afford a loft conversion which, according to property expert Phil Spencer, could add an average of 12.5% to the price to your home – well worth the investment. Use the space for whatever you want, but remember, an additional bedroom to a 2 or 3 bedroom house can be extremely valuable – particularly if you have space for an en-suite bathroom too.
|If this article has inspired some home improvements of your own, let us help you spread the cost with our dedicated low cost Home Improvement Loans. Rates start from just 3.3% APR Representative between £7,500 and £25,000.|
10 tips for a brilliant, budget-friendly ChristmasOur 10 top tips on how to make your money go further this Christmas. 2018-11-28
The Personal Loan Bible – Everything you need to knowPersonal loans are a popular payment option, but how much do you really know about the borrowing process, and how can you be sure that you’re getting the best deal? 2018-11-19
The best European countries in which to buy a holiday homeWhether your main priority is getting somewhere for you and your loved ones to enjoy the summer months, or you’re hoping to make some decent money by renting a place out to sun-seeking tourists, our guide to the most popular places to buy a holiday home in Europe is sure to give you some inspiration. 2018-10-22
Should I buy or lease my next car?Motoring 2018-10-30
Top tips for bagging a bargain this Black FridayMoney 2018-10-11
5 places to add to your bucket list immediatelyTravel 2018-9-28
Weird and wonderful Halloween traditionsNews & Guides 2018-10-22
10 tips for a brilliant, budget-friendly ChristmasMoney 2018-11-28
The best used 4x4s and SUVs on the marketMotoring 2017-8-31