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Bathroom in Loft Glasgow, Scotland

What do you do now that you’ve unexpectedly come into some cash? It might have been a well-deserved bonus at work, an unexpected
inheritance, or even a very fortunate lottery winner, but now you’re faced with the delightful issue of deciding what to do with a sudden
cash windfall. While it may be tempting to spend the majority of your money on a vacation or the newest gadgets, the wise person will see
this as a chance to save for the future. The house is still one of the safest and wisest investments you can make, as it allows you to enjoy
your money while possibly increasing its future worth and marketability. This post will look at a few different methods to invest different
amounts of money, based on your personal tastes and long-term goals. A modest windfall today, if wisely invested, may have a significant
effect on the future value of your property. Here are some of the most effective methods to put money into your house.

While we’d want to get right in with ideas for home renovations, there are a few things to think about first. Before you make any
investments, you should think about paying off or paying down any high-interest credit cards you may have. If you pay £5,000 in interest
and fees over the years, increasing the value of your house by £5,000 is pointless. Debt, on the other hand, is not created equal. While
credit cards and minor loans should be paid off first, low-interest loans such as student loans or a mortgage may be worth retaining.

After you’ve paid off any high-interest debt, you’ll want to consider what alternatives you have for investing in your own house. The
amount of money you want to invest, how long you intend to remain in that house, whether you choose to improve the home’s worth or
improve your personal livability, and your long-term objectives will all influence your decisions. The following are some common choices
to think about:

Smaller budgets (sub £5,000)

Minor Kitchen Remodeling

Most homeowners are aware that the kitchen is one of the greatest areas to get the most bang for your buck when it comes to investing.
While £5,000 won’t cover a complete renovation, it should cover aesthetic improvements (such as painting the cabinets, changing the
knobs and hardware, and updating the lighting fixtures) as well as perhaps some appliances. When it comes time to sell your house, a
dependable, energy-efficient dishwasher may be extremely attractive.

Replace 10 old windows with vinyl windows that are double-paned, simple to clean, and energy efficient.

Replacing your windows can not only increase the value of your house, but it will also reduce your heating and cooling costs while you
are still living there.

Landscaping

Landscaping is another area where you can make a huge difference with a little investment. Start with your local nursery or gardening
centre to get the most out of your money ” some may provide free lessons or consultations. Consider the plants you have, as well as the
rainfall and everyday sun on your property. Also, when contemplating improvements, consider more long-term expenditures such as a
flagstone path, stone retaining wall, or lovely flower beds.

Allow Light to Shine!

A gloomy and dimly lighted house is not only uninviting to visitors and potential purchasers, but it may also be dangerous to live in. Most
houses can substantially enhance their lighting systems for £5,000, from adding dimmer switches to a room to installing sun tubes to take
advantage of natural lighting, replacing drapes with lighter curtains, changing light fixtures, and adding track lighting where required.

Mid-range (£5-10,000)

Bathroom Renovations

A modest bathroom renovation project is one of the greatest ways to increase the value of a house. You should be able to build a new
floor and tile walls, as well as a new tub, toilet, and sink, as well as some fancy fixtures, for between £5-10,000. New bathrooms are a big
selling point for house purchasers, and they’re usually one of the greatest resale values.

Exterior

Many homeowners do not consider upgrading the appearance of their house until they are ready to put it on the market and their real
estate agent meets with them to discuss curb appeal. However, making an early investment in your home’s exterior may have a
significant effect on its value and the amount of time it spends on the market. You may be able to get away with replacing some of the
wood and then painting or pressure-washing the walls, or you might be able to get away with replacing some of the wood and then
painting or pressure-washing the walls. Consider adding some colour or perhaps constructing a dramatic entrance through a new porch
or rear deck. Before making any promises, be sure to check with your local authority planning department.

Maintenance

When big-ticket components like the air conditioning and heating system or the roof eventually fail, homeowners often seek to replace
them. While there is some sense to that strategy, you may be able to save money and get rebates if you shop for these items at your
leisure. In the foreseeable future, new roofs or heating systems may also significantly reduce your heating expenses. If preventative
replacements aren’t your thing, try putting this money away in a separate savings account that will be used only for these future
expenditures.

Higher budget (£15-20,000)

Remodeling a Kitchen on a Budget

While you are unlikely to have the money to completely demolish and rebuild a kitchen, most houses may benefit from a £20,000 kitchen
makeover, which includes new cabinets, appliances, counter tops, and other improvements.

Make a bedroom out of your attic or basement.

While a complete attic makeover may easily treble this cost, a simple conversion that uses existing roof lines and walls may be possible
within this budget and will immediately enhance your home’s usable square footage.

Consider green energy, e.g. solar panels

You may be able to build a modest solar panel array, wind turbines, or other green energy alternatives depending on your location,
zoning, and the face of your house. This kind of investment will not only improve the value of your house, but it may also reduce your
electric costs while also protecting you from neighbourhood power outages and energy price changes.

For home improvement builders including loft conversions in Glasgow & the West of Scotland contact Luke Lloyd Builders. Click here to find out more