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Part 2 of Our Article on Doing Some Work to Your House
Parking – An Issue?
One thing that is very unappealing to a potential purchaser is seeing lots of cars parked in front of your property. Many individuals think just because they don’t have a garage there is nothing they can do about parking their motor vehicles on the street outside their property. If there is no way to add to your drive to incorporate a parking lot, you might want to ask your municipal authorities for planning permission to drop the curb on the pavement adjacent to your house. An off-street parking bay can add up to 10 percent to the house market price.
Swimming Pool/Tennis Court
Installing a pool may prove to be a bit difficult, and depends on where your property is situated and whether you’re adding an indoor or outdoor pool. Think about the weather when making your choice, to attract buyers if your climate is not very warm then look to build an indoor pool. An outdoor pool with a cover on it will, on the other hand, concern buyers since it would stay that way the majority of the year when it’s colder. Although a heated indoor pool with garden doors that opens up to the terrace or decking area in the summer months may be used year-round. A gorgeous, warm indoor pool has the potential purchaser imagining enjoying themselves; maybe throwing a pool party. Building a pool, when completed correctly, is going to be something that will add a nice sum of money to the value of your property, about 10 percent.
A tennis court is another indulgence you can add to your house, but only in certain neighbourhoods it should fit in with the other houses. If well-designed and well-maintained, it can add up to 5 to 10 percent in value.
These items are certainly something you can offer a potential purchaser. But be aware, you may risk a drop in the number of people your house would appeal to. On the plus side, if they are completed right the price your house goes for could daze you.
Installing A Waterside Feature
My experience with dealing Vancouver MLS listings confirmed me one thing. If you are thinking about a waterside attraction then remember that these ordinarily hold their value. A survey indicates that it should add a third to the price of a house. I know many of us wish we had a stream or lake in our property, unluckily few of us do; although there is nothing stopping us putting in a pond. When installing a pond, keep in mind that the difference between a lake and a pond, is that you should be able to see the bottom, that light should penetrate all the way through. Think about what room you have and what room you want to give up to a pond, from a simple water feature to a more complex pond with fish and fancy fitments.
There are a number of things you need to look at when adding a pond, such as the water source, location, depth, and a constant flow of water so it doesn’t attract mosquitoes. If done right it will be worth it, but it is one of those renovation tasks best left to the professionals or at least with the help of a specialist in this area.
Saracco Insurance Agency – Galveston, TX