How To Add To The Value Of Your Luxury HomeMonday, April 04, 2016
If you have a million dollar home, you may think that there isn't much that you can do to increase its value. This is not the case. It's always a good idea to give your home a luxury treatment and it can up the retail price of the property. In high-end properties, there is, even more, scope to do this as buyers have raised expectations.
Whether you home is old or new, if you are looking for a top to bottom renovation job speak to a company like Million Dollar Makeovers. Getting a renovation is an excellent way of updating your home and adding to its value. You can address structural issues like moving walls and installing extra bathrooms and modernise the decor at the same time.
Another way to increase the value of your home is to add to the square footage. The higher the price of the home, the more space a potential buyer will expect. Most high-end homes have at least five bedrooms, so if yours doesn't make sure that you extend according. Buyers also expect ensuite bathrooms and dressing rooms in these types of properties. If you can't renovate to accommodate this, you will need to seriously consider extending.
What high-end home is complete without a swimming pool? You can choose to go for an indoor or outdoor pool depending on the local climate. If things get a bit chilly in the winter, you may want to opt for the indoor option as you will be able to use it all year round. If summers are hot hot hot in your location, then an outdoor pool is perfect for cooling off in the heat. Remember too that having a pool is often a deal breaker when selling a luxury home.
Its is no good if you house is kitted out in all the latest trends and luxury and your garden look like a wasteland. The garden of a high-end home should be an extension of the living space. It should contain ample room for relaxation and quiet time. The plants and walkways should be well maintained, and weed free and the design should reflect the style of the home. You will need to use the services of a professional garden designer for this. Also, remember to employ someone to help you keep on top of the regular maintenance to get the best look possible. This way they won't be a lot of work to do if you do decide to sell.
Another way of increasing the value of your luxury home is to have features that are original and unusual. Games rooms and home cinemas are trending right now. Games rooms can include pool and air hockey tables or even a home gym. Home theatres should have projectors and real cinema seats for that movie illusion. The idea is that you have all the luxury of going out for the evening while staying in. Perfect if you need to avoid the paparazzi.