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Many people buy homes so that they are able to retire rent-free and one day leave it to their heirs in their will. However, some people purchase homes during a buyer’s market, to flip them, make a profit and or with intentions of acquiring a bigger property.
Below are some home improvements that will not only improve your home while you live there, but can save you money and will increase your resale value.
Maintaining your garden:
Ensuring you landscape correctly will not only improve the aesthetics of your home but trees in the right place can cool your house during our hot summer months. Planting fruit and vegetables, will also reduce your reliance on supermarkets and decrease your monthly food bill.
Jo-Jo tank and grey water sprinkler system:
Investing in a Jo-Jo tank to collect rainwater and directing your bath/shower water to your garden will ensure that your garden looks good during a dry season and reduces your water dependency on your municipality.
Inconsistent renovations:
As their budget allows most homeowners renovate their homes over a period of time. However, you must ensure that your upgrades are consistent with the look and feel of the whole property and that you have not cut corners that you will have to pay to fix at a later stage.
A superior-quality paint:
Nothing improves the look and feel of a property more than a fresh coat of paint. However, you should use high-quality paint to ensure that it looks fresh and clean for longer. Although bold colour schemes may suit your style, they may dissuade potential buyers if they think that they will have to spend a fortune on redecorating, and they may even try to negotiate a lesser purchase price because of it.
Putty your windows:
A relatively cheap fix is to re-putty your loose-fitting windows. Not only does it increase the value it but reduces drafts in your home. Paint window frames neatly, then clean “overpaint” off the glass, straight lines are more effective for the overall appearance of your home.
Solar panels:
Over a period of time not only will this save thousands of Rands off your electricity bill, but it will also reduce the impact of load shedding on your day-to-day life. Don’t forget to speak to us about our New Solar Home Loan deals which have been designed to improve your property by getting you off the grid!
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