Building a brand new home is an exciting adventure. New home buyers have the advantage of being able to personalise their home to match their lifestyle. Building a new home allows you to create a living arrangement that fits your life, rather than having to adapt to an existing home.
When designing a new home, the family lays down the foundations of their own dream, but at the same time, it pays to consider options that can increase the value of your home in the future.
“We encourage people to make sure they’re creating a home that fits their needs first and foremost. And we encourage everyone to get the guidance that helps add value to their home in the long-run.”
One of the first aspects to take into consideration is the location. Whether it is a new estate or an established neighbourhood, the surrounding suburbs and infrastructure can have an enormous impact on the property value of your new home. This means, the home’s proximity to schools, shopping centres and parks. Considering location doesn’t necessarily mean that inner-city is always best, access to major roads and public transport are also paramount to the value of your home.
Energy efficiency is another key value-adding feature for any modern home. Living in Australia, it would be crazy not to make the most of our climate and the sunlight we receive. Adding renewables to any infrastructure adds value to it because they become an extra asset. Solar panels reduce energy costs over time, while thermal insulation warms the home in winter and cools it in summer. Spending extra on these options in the beginning can save you a lot in the future, and make your home more marketable as energy efficiency becomes more important.
Kitchens and bathrooms are always the most important rooms in a home.
They get the most use and are always the most expensive and time consuming to renovate later because of the plumbing and electrical work. Buyers naturally plan their own lives in their new home, but it can pay to choose options for resale value too. Getting these rooms right from the beginning will minimise the need for renovations in the future and add to the value of a home when it comes time to sell.
It’s important to consider the design of your new home carefully before building begins. Making changes during the design phase is far less expensive than attempting to make changes during construction. Think ahead, and consider any growth you or your family plan to experience. Visualise living in the space. Consider potential issues that could arise and how they may impact on other people if they were living in the home. It’s easier to add an extra room or square-foot to the design than adding it after construction.
Good landscaping is a surefire way to add appeal to any property. The aesthetic of a home is important in adding economic and visual value. Yard space at the back of a house is always a major selling point for families and those who enjoy entertaining. It may be surprising that pools no longer add as much value to a home as they used to. They tend to be high maintenance and can be expensive to run, something future buyers always consider as an added cost they might not be up for.
With these value-adding tips in mind, you’ll be able to choose the ones that will suit your home and lifestyle best. Don’t forget, the most important part of all is that your home fits you, everything else is a bonus!