Will These Luxuries Add Value To Your Property?

In every neighborhood, there is one property that stands out. It looks good, and you know it’s worth substantially more than the other properties on that street. It is the property that hits that ceiling price or value for the block. Beyond that, it is often the house we aspire to own, or at least make our property look just as good!

It takes a lot of care and maintenance to achieve a great looking property that the neighbors can be jealous of. Of course, you need to have a quality finish to begin with. And chances are, a few luxuries would be desirable if you were hoping to achieve the ceiling price for your property.

There is a problem with investing heavily in your home, though. That ceiling price may limit what you should do. Spend too much, and you may never get the money back. So how can you be sure the luxuries you fancy will one day ensure a quick sale at the top figure price you desire?

Pool

Owning a pool is good for your health as well as for your financial security in the future. Many homeowners find a swimming pool to be a desirable and beneficial addition. Aside from the upfront cost of installing it, there will be ongoing maintenance costs to ensure it is hygienic. You may need to upgrade the railing, gates or water pumps at some point too. Safety is everything when it comes to a pool.

bathing suit, bikini, daylight

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Check the railing is secure and at the appropriate height. Make sure the gate locks well, and that the pumps are working efficiently. If they’re not, water pump repairs should be undertaken by professionals, but it might be possible for you to find the spare parts you need. Keep the water clean, and enjoy this much-valued addition to your home.

Hot Tub

Hot tubs are highly desirable at the moment. They offer a place for private entertaining, as well as somewhere to sit and relax after a long day. These days, you can find cost-effective inflatable hot tubs at your local DIY store. However, if you invest a little in a gazebo or private structure and planting, you could ensure a greater return. Look for quality spas and hot tubs that are easy to use, and look good in their place.

Does a hot tub add value to the property? If you’re able to allocate a dedicated area of your garden to this, then yes, it could be quite desirable. However, it may not be enough to increase the value of your home substantially. Check your local property listings or ask a property agent for their opinion about your neighborhood prices.

Summerhouse

If you have a good-sized garden, it can be very tempting to fill the space with extra living areas and structures. Always be wary of doing this. It’s best to consider the type of accommodation you live in. If it is a typical family home, then level lawns and clean paths are essential for children and pets to play. An executive home may need the same or additional patio space for entertaining.

Black Wooden Round Analog Wall Clock on Brown Wooden Wall

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With that in mind, plan your summerhouse addition carefully. You will want it to be sizeable enough to be practical, but not overwhelm the rest of your garden or yard. Wooden structures that are well cared for are very attractive and highly desirable. This might push the asking price up for you.

Landscaping With Decking And Patio

If you design your garden with care, you can enjoy it for multiple purposes. Think about safe play areas for the kids and a doggy patch that’s out of the way. Perhaps you’re keen to grow your own healthy produce? Landscaping to create these areas means that you can ensure you have the right space and aspect for a great patio and deck. Create a desirable view with the planting of shrubs and flowers. A small flowering tree or fruit tree might also increase the value of your home when it matures.

chair, coconut, exotic

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If you are showing your home to potential buyers, be sure to set out the patio furniture. This should include a high-quality dining set. Adding place settings to the table can help viewers gauge the size of the space and how many people they could cater for. Give the area a good sweep and power wash to be sure debris and grime are removed.

Garage With Auto Doors

Convenience is everything when people are house hunting. They want easy ways to live the lifestyle they aspire to have. Something as simple as upgrading your garage doors might push the value and desirability of your home all the way up. Remote controlled auto doors offer additional security too. Imagine being able to just drive in and out without having to get wet in the rain. Make sure there are adequate security lights providing illumination along the drive too.

Designer Fitted Kitchen

A high-end kitchen will always be desirable. If it looks contemporary and like new, any potential buyer will be relieved they don’t have to put all the work in. Installing a kitchen takes a long time and a lot of upheavals so most buyers would prefer to have it all done before they move in. Best of all, they’re often willing to pay a premium for it all to be in place and looking grand.

apartment, architecture, ceiling

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Look for minimalist fitted kitchens with all the appliances built in. If it’s all hidden away neatly, this can be far more attractive. Make sure there is space for a dining set here, even if it is only a breakfast table or bar. Choose your colors wisely to make sure they are neutral enough for most tastes but offer a good level of vibrancy and energy to be stylish.

Flooring and countertops are very important to potential buyers. Look for better quality materials like granite with a high gloss finish. The details can make all the difference. Soft-close cupboards and drawers, and a big, roomy fridge-freezer will appeal to most potential buyers and might make for a quick sale.

Jacuzzi Bath

Some people love the idea of jumping into a jacuzzi bathtub in their own homes. They imagine the bubbles caressing and soothing their muscles, while the skin enjoys a gentle cleansing. Those that own jacuzzi baths might be less inclined to have another one. They can be noisy, and difficult to clean. This one is a tricky one to gauge when it comes to being a valued investment for your home. If you have no personal use for one, it might be worth avoiding.

Sauna

Saunas are a very healthy way to take care of your body, mind, and skin. They can offer a great deal of relaxation as well as a handy, natural way to detox the skin. Saunas at home don’t need to be very big. You might have one in the corner of your home gym, or it might form part of your family bathroom. They are reasonably easy to maintain and can be used every day.

If you install a sauna in your home, this may attract buyers that are particularly health conscious. The installation cost can vary quite a lot. If you keep the sauna area clean and well-maintained, then it might offer a valued add-on for any potential buyer.

Luxury Bedroom Decor

Buying a new home is often more about buying the lifestyle you desire. Luxury finishes will always be desirable and can indeed demand a higher price for the property. If other homes in your neighborhood are finished to this kind of standard, then it makes sense for you to invest in the right style of decor to compete with them.

architecture, bed, bedroom

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Luxury decor should look like a luxury hotel suite. Imagine a well-dressed bed in a room with plush rugs or carpets, enormous headboards, and designer bedside cabinets. Your master bedroom should be the most attractive room in the house. This is the room where you spend most of your hours when you’re at home, especially if you work full time. It needs to be opulent, luxurious, and comfortable.

New Driveway

Don’t forget – the front view or curb appeal of your home is the very first thing anyone will see. It has to impress, and it has to welcome visitors toward your front door. A big part of this is the driveway. If it’s a little dated now, consider having it re-blocked, bricked, or paved. Some surfaces can look as fresh as new if they’re power washed.

Consider bordering the driveway with green planting. Lawn, shrubs, or even a hedge can look beautiful here. Keep all planting trimmed and tidy. Of course, you might prefer to use artificial plants to keep them low maintenance. Avoid gravel and loose surfaces as they can quickly become untidy and invite neighborhood cats and other animals.

Some luxury touches to your property might make it appear more attractive and become more desirable. This could, in turn, hasten a sale. To really add value, consider the add-ons that are most likely to appeal to the type of people that would want to live in your home. These are the ones that could help you reach that ceiling price.

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5 Stunning Patio Styles To Inspire Your Outdoor Dining Space

When you’re looking to add an outdoor dining space to your garden, you can often feel completely overwhelmed with choice. Because there really are a lot of options to consider. Not only do you have to pick out the perfect furniture, but you also have the accessories, plants and even the patio style to think about too. To help you hone in on the right design for you, you might want to consider a few very different options. When you’re looking online, you can often be inundated with styles that all look and feel the same. But if you want something that feels completely your own, here are five to think about.

Small & Simple

If you only have a small outside space, you might want to keep your dining area as cute and compact as possible. And you totally can. You don’t have to go big and brash and ruin the rest of your garden. Instead, you can create a small patio area, even if it’s super narrow, add a chair or two, and a French style bistro dining set along with a few potted plants and you’ve got the perfect alfresco area to enjoy all summer long.

chair, coconut, exotic

[Photo courtesy of Pixabay/pexels.com]

Classically Influenced

Regardless of the space you have, you might want to go for something classic. A traditional patio area can look completely charming in any backyard. Old cobbled stones make for incredible patio areas, and lots of vegetation can give off a rustic vibe. If you’ve always wanted to make your outside dining space feel like it was taken from your favorite vacation spot, with a classic look, you can.

Hamptons Style

If you want to go for a super chic summer look with your outside dining space, why not think about styling the area based on your favorite Hamptons beach house? Here, the look and feel of the patio should be very light, bright and airy. Blues, white, grays and neutrals are always good options to go with. With a minimal yet still stylish vibe, and the odd nautical element or two, your outside space will give you the relaxed air you’ve been hoping for.

Water Inspired

Sometimes, a tranquil eating space is exactly what you need. If you love to feel apart of nature, enjoy a glass of wine as the sunsets, or even read outside, you might like the idea of having a few water features around your patio. While the flooring choice itself may not matter, you’re going to want to make sure that you choose fountains or features that make you feel calm, relaxed and facilitate an easy evening.

A Space For Entertaining

Or maybe you want your patio area to be all about entertaining? When you love to have people over and let out your inner social butterfly, you’re definitely going to love outdoor entertaining. Your focus here should be on the flow of your furniture layout, having enough seating or relaxation areas, and of course – the food and drinks areas. A grilling area and bar could really make your dining space the talk of the town.

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Hotel-style Home Décor

If you have ever been fortunate enough to stay in a fine hotel or upscale resort then you know that hotel style home decor is different than what you have at home – the luxury pillows and bedding enhance the experience and you leave feeling relaxed, refreshed and invigorated. With some savvy shopping it is actually possible to experience many of the best hotel amenities at home in your bedroom and bathroom for less than even the cost of one night in a luxury hotel.

Start with bedding – look for fine quality Egyptian cotton sheets with a high thread count and invest in the very best set you can afford. When you think about it you spend almost a third of your life in bed and the sheets are in direct contact with your skin; this is not the place to cut corners. If you spend money on nothing else than top-quality sheets you will still have invested wisely and will enjoy a more restful and comfortable night’s sleep.

Black and Grey Bedspread on Bed and Pillow

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A mattress pad can help to improve the sleep surface, especially if your mattress has some age to it. There are mattress pads designed to address a variety of issues so if you seek a less firm or more firm sleeping surface you can achieve it. Look for memory foam mattress pads along with mattress pads and toppers designed to reduce motion transfer and relieve pressure points. Much like sheets, mattress pads are available in a variety of sizes ranging from twin and twin extra-long to queen, king and California king.

Pile on the pillows – hotels use lots of pillows to make the bed the focal point of the room plus they are comfortable to lean against while relaxing, reading or watching televise while in bed.

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Planning On Renting A Spare Property? Here’s What You Should Take Care Of

In the world of property rentals, there is a spectrum. Bad landlords and great landlords are to be found in any country, in any location, in both affluent and deprived areas alike. No matter what house or room you are letting out, as a landlord, you have a whole host of responsibilities for your tenant.

The monthly fee you charge them isn’t just a fee for the right to live there, it’s also a bonded contract that ties you to deal with their issues and maintenance woes. It is also a symbol of trust on the part of the renter that you will keep the property safe and up to housing code for them to live there.

As a new landlord or letter, it can be difficult to figure out just what responsibilities you have to your client, and how to be considered a ‘good landlord.’ No one intends to enter into a business relationship without aiming to hold up their end of the bargain, so most ‘bad landlords’ are a result of incompetence, ignorance, and lack of care.

[Photo courtesy of noona11/flickr.com]

This article will allow you to figure out if you’re on the right track, and if not, how to correct it.

Fees

To begin with, a new renter will want to identify how much the property will cost them, and what fees they will need to pay upfront in order to secure the property. This is where plenty of landlords and letting agents lose their way. ‘Signing fees, holding fees, administrative fees’ are all terms you might have heard if you’ve rented property yourself. These are, for the most part, meaningless, and renters know it too. There’s just no reason to charge a renter $50 to have the luxury of signing your contract, especially when they have a deposit and likely one or two months worth of rental investment to give you.

Try and limit these unnecessary fees as an independent landlord. If you’re going through a letting agent, discourage them from doing the same. It only serves to dissuade interest in your property and starts the whole business relationship on weird terms.

Health Code

It is your responsibility as a landlord to ensure your property is up to health code before your tenants enter. There should be no leaks, the boiler should be up to date and serviced, and the place should be well insulated. It should also be free of pests and other hygiene issues.

This is not to say it’s your responsibility to clean up and pay for any damage sustained by your tenant while they are in the property. If they take matters into their own hands to repair a fault and end up compromising the safety of the property, you are well within your rights to charge them for that or penalize their safety deposit sum. Lay all of this out in the contract so the tenants know what terms they should live under.

Safety

Your property should be secure and allow your tenant to live safely at all times. You should secure the property with combi-locks and strong window supports. If the property has seen better days, taking the time to review all the methods of security issues that could occur will be beneficial. It will also prevent unnecessary damage to your property.

Energy

You have a responsibility to provide your property with electric/gas and water. It is not your responsibility to include internet usage in the energy bill packages. You can come to an agreement with your tenant when the contract is being drawn up as to how they will pay for it. If they would like to change the service that they’re being supplied with, you must stipulate that they ask you, in writing, permission to change it.

Maintenance

Any repair faults of a sizeable quality should be dealt with from your own property. General wear and tear is bound to happen. Tenant induced damages are not your responsibility. Small fixes, such as light bulb replacement, should be taken care of by the tenant.

Be sure to hire the services of a professional repair or construction firm to help fix big issues at a moment’s notice. Always be quick to solve the genuine worries of a tenant, because holding out on these fixes might cause the tenant to withhold their rental payment, and that can be difficult for everyone involved.

Amenities

If the apartment is furnished, you must provide basic amenities. Providing good amenities like washing machines can help you raise the monthly rental cost justifiably, and can pay for themselves in a matter of months. Consider what would be best for your domestic requirements, such as weighing the home benefits of a gasoline vs electric pressure washer. It’s good to provide refrigerators, and you may need more than one depending on the number of people you bring into the property. If you’re letting out 8 rooms, 1 refrigerator is most likely not going to meet the requirements of those living there.

Despite living as a landlord, remember the times when you first moved out into your own rented apartments, and consider ‘would I be happy with the amenities that I have provided if I was living here.’ If you would be, you’re good to go.

Fair Use

If you decide to ‘bills inclusive’ in the monthly cost of the rent for your tenant, they should adhere to a ‘fair use’ policy. This basically prevents them from leaving the heating on all the time and racking up extortionate bills that through a contractual loophole, you’ll be responsible for. Stipulate clearly in your contract that a certain monetary amount if fine, but past that, the tenant should contribute more towards the payment.

Being a great landlord is as simple as identifying how you’d want to be treated if the roles were reversed. The renting relationship should be one of the best business relationships around if everyone upholds their side of the contract. A bad landlord is constituted as someone who doesn’t fairly adhere to their side. Remember, your tenants are living, breathing people, and have their lives to live. You’re not in the business to make best friends, but if your tenant respects you, be sure to pay it in kind. You’re sure to have a fruitful and lucrative relationship if you do this.

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