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How to increase the value of your home with an extension/renovation?

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how to increase the value of your home?

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The extension or renovation of your home often meets a specific need: a new office, an additional bedroom for the arrival of a child or a parent, a need for more space, something new... But, in a second phase, the extension or renovation of your home can also prove to be a profitable financial investment since it can increase the value of your home. Maisons SIC, specialist in home renovation and extension, tells you more.

 

Increase the value of your home by following new trends in expansion

Expanding your home is no longer just about adding square footage. Today it is about follow new trends to maximize space while increasing the value of your home. Here are three main axes to achieve this: the creation of multifunctional spaces, the integration of green technologies and home automation.

 

Multifunctional spaces for a modern house extension

Multifunctional spaces have become an essential trend for optimizing space in modern homes. By creating versatile pieces, you can meet current needs while anticipating future changes.

For example, a room can serve as desk during the week and a guest room on the weekend. This adaptability is particularly appreciated in the current context, where teleworking is increasingly common.

So you not only meet your immediate needs, but also increase the value of your home by offering varied and practical usage options to future buyers.

 

Green Technologies and Sustainability in Your Home

Incorporating green technologies is another effective way to increase the value of your home. Buyers are increasingly sensitive to environmental issues and reducing the carbon footprint.

Install solar panels, improve insulation with ecological materials or using rainwater harvesting systems are all ways to make your home more sustainable. Not only do these improvements reduce energy costs, but they also increase your home's appeal on the real estate market.

Energy efficient homes often sell faster and for a higher price because they meet a growing demand for environmentally friendly homes.

 

Home automation and connected home: the “extra thing” to increase the value of your home

home automation and connected homes are trends that add significant value to your property. Add smart systems for lighting, security or heating can transform a traditional house into a modern and practical one.

For example, a smart heating system that automatically adjusts the temperature based on the time of day and the presence of occupants can not only improve comfort but also achieve energy savings.

Similarly, connected security systems provide additional peace of mind. These technological improvements make the home more attractive and easier to manage, which is a powerful selling point for potential buyers.

By following these new expansion trends, you can not only meet your current needs but also increase the value of your home. Multifunctional spaces, green technologies and home automation are all innovative ways to transform your home and make it a profitable long-term investment.

 

For more advice and personalized solutions, do not hesitate to consult the experts of Maisons SIC.

 

A successful extension or renovation to increase the value of your home

how to properly renovate your house to increase its value?

Whether you decide to enlarge or renovate your house, you necessarily have to make a choice, even if only financially speaking. Here are some elements to help you choose.

Renovate strategic rooms: kitchen and bathroom

These are clearly two of the most important rooms in a house and they can both cause a crush and reduce the value of your property if they have not been modernized.

In addition, due to the electrical and plumbing installations, these are often the two rooms that will be the most expensive to renovate. So a buyer who discovers these two pieces without any work to be done will buy more easily (and more expensively).

How can you renovate these two rooms to increase the value of your home? For the kitchen, if the wall connected to the living room is not load-bearing, we can decide to knock it down to create an open and bright space, very popular these days.

For smaller renovations, you can modify handles and cupboard doors of the kitchen as The bathroom, to give a boost of freshness.

Finally, if your tiling, your work surface, your bathtub are a little dated, you can opt for the paint/epoxy resin option, choosing neutral colors if possible. If your budget allows it, you can also opt for plates to stick on top of the earthenware.

 

Renovate floors and paint to “refresh” your home

If it's not the most expensive thing, peeling or stained paint will put off a future buyer somewhat.. Redo your paintings and offer “clean” pieces can really help increase the value of your home.

As a reminder, you need choose light shades instead (beige, pastels, etc.) if you want to brighten up a somewhat dark room and visually enlarge it. Conversely, you will opt for a darker color (blue, green, etc.) or sparkling (yellow, orange, etc.) to warm up a room or give it character.

Don't forget to also paint your shutters and doors and, if you have the budget, your facade, for a big facelift.

Another option for refreshing a house: change the floors. The operation requires more maintenance and has a higher cost but the result can be very positive. You can, for example, opt for these new vinyl imitation parquet floors to reduce your budget. Parquet remains, however, the most popular and safest option for increasing the value of your home.

 

Expansion: adding surface area and value to your property

For those who have a larger budget, increasing the value of their home can be achieved through an extension, by adding surface area.

Several options are then available to you :

  • The layout of the attic
  • The creation of an additional room, an extension
  • Creating a veranda
  • Fitting out a garage or cellar
  • ...

Creating additional living space naturally increases the sale price of your home since it is $ calculated on the price per m2. But be careful, however, not to forget that the property tax is also based on the habitable surface area of ​​the property and that it will also increase.

 

The impact of an extension on the value of your home

renovate to increase the value of your home

Enlarging your house is a major project that allows you to meet increased space requirements, to improve your comfort of life or enhance your real estate. But what is the real impact of an extension on the value of a house?

Buyers are today looking for functional and modern spaces. A house with an extension offers these advantages, making it more attractive and allowing it to stand out on the market.

To know precisely the impact of your expansion on the value of your property, it is important to have your home appraised by a professional. It will be able to take into account the characteristics of your property, the work carried out and trends in the local real estate market.

With its expertise, Maisons SIC offers you tailor-made expansion solutions, carried out in compliance with construction standards and architectural styles. Contact us today for a personalized study of your project.

 

5 factors influencing the valuation of your home

  1. Location

The location of your home is crucial. A well-located house gains more value after an extension. The extension must be of quality and well integrated into the initial design.

  1. Added surface

The added surface area plays a major role. More space means more comfort and possibilities of use. This makes the house more attractive to potential buyers.

  1. Material quality

The quality of the materials used is essential. Durable, aesthetically pleasing materials increase the appeal and value of your home. Investing in quality always pays off in the long term.

  1. Local Real Estate Market Trends

Local real estate market trends also influence valuation. In high-demand areas, every square meter counts. Following local trends ensures a good return on investment.

  1. Buyer Preferences

Buyer preferences are changing. For example, demand for home offices has exploded. Adapting your expansion to these trends maximizes its value.

 

Follow real estate market trends

The local real estate market influences the value of your enlargement. In high-demand areas, every square meter counts. Following local trends ensures a good return on investment.

Buyer preferences are changing. For example, demand for home offices has exploded. Adapting your expansion to these trends maximizes its value.

Ecological improvements are also very popular. A house with green features sells for more and faster. Investing in sustainable technologies makes sense.

 

Cost of expansion versus increase in value

The initial investment for an expansion may seem high. However, it often pays for itself by increasing the value of the home. The cost and benefits must be carefully evaluated.

A good addition can significantly increase the value of your home. Comparing the cost of expansion with the added value is crucial. A professional assessment helps you make an informed decision.

The return on investment varies depending on the project. Well-designed and executed extensions provide a better return.

Call on experts like Maisons SIC then optimizes the results.

 

Why choose Maisons SIC to increase the value of his house?

how to increase the value of your home?

Maisons SIC, Those are more than 50 years of experience in the construction and renovation of individual houses. Our expertise allows us to offer you tailor-made solutions to increase the value of your property.

Whether you want to extend your home to gain space or renovate your interior to modernize it, Maisons SIC supports you in all your projects. Thanks to our know-how and experience, we guarantee you quality work that will increase the value of your home. A renovated or extended property is more attractive on the market and sells for more.

Our team of professionals is at your disposal to advise you and support you throughout your project. We take the time to understand your needs and offer you personalized solutions that meet your budget and your expectations. Maisons SIC offers you guarantees for your peace of mind.

Do you want to increase the value of your home? Do not hesitate to contact us today for a free study of your project. We will be happy to provide you with information and support you in carrying out your work.

 

Maisons SIC : the key to a more beautiful and valued home!

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