Renovating the garage increases your home’s value

Whether you are in the process of selling your home or planning to renovate it, your main interest is to increase the value of the house. Although there are countless home renovation projects that you can engage in, not all of them are worth the investment. Generally, viewers are impressed by kitchen renovations or bathroom remodelling projects since these are the fix ups that catch your eye. However, you are also able to boost the market value of the property by converting the garage into a functional room. This type of conversion, nevertheless, implies an investment as well and  storage racking for garages in UK are not all that cheap if you plan an extensive transformation, so the questions becomes is this investment worth it?

Garages and home appraisals   

Mortgage lenders typically require home owners to have at least 20% equity in the home. In other words, if the home is not appraised for a high value, then you may not be able to reach the equity level. Any seller is first and foremost interested in having the house appraised for at least the asking price. Therefore, you should take into consideration all the factors involved in determining the value of the home. While it may seem surprising, garages add real value to the property due to the fact that buyers consider them an attractive addition. Appraisers do consider the garage when establishing the value of the house, not to mention that it is a typical home improvement.

 

What do buyers really want?

From the buyer’s point of view, the garage is not necessarily an option, but rather a necessity. You have to understand that each buyer has different tastes, which means that they may not appreciate if you’ve converted the garage into a living space. For example, some buyers are exclusively interested not only in houses with a garage, but also in double-sized garages, as they own several cars and they don’t want parking any of them on the driveway. Other people are simply looking for a garage that gives them enough storage space for all of their gardening tools, sporting equipment and children’s toys and belongings, which is where storage racking for garages in UK come into play.

 

Getting around the clutter

In order to maximise the value of your home, you have to organise the garage in the most neutral way as possible, which is why racking and shelving is a good investment, because they can be easily moved around or even disassembled should your buyer have different ideas for the garage. Real estate experts agree that the way in which an area is used and presented affects the overall value of the property. Therefore, the more you present your garage as a room with endless possibilities, the more buyers you’ll attract and the more you can ask for your home. If this means investing in some storage racking for garages in UK along the way, then so be it, it’s definitely worth it.

 

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