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Top 5 home upgrades that’ll boost the value of your home in 2024


London estate agent, Grant Bates, has revealed the top 5 home upgrades that’ll boost the value of your home in 2024 – with the best return for your wallet.

 

From the return of ‘avocado’ colour schemes to hotel-style bathrooms, Grant’s expertise comes in response to new research by renovation platform, Beams, which has revealed that three quarters (78%) of us would rather ‘improve, than move’ this year – but the majority (61%) are unsure which home upgrades will add the most value to their homes.


But, what are the interior trends for 2024, and how much value will they actually add to your home?




🛁 HOTEL STYLE BATHROOMS AND PRINCIPAL SUITES:


“We all spent more time at home in the last couple of years and started to upgrade our spaces, leading to a boom in hotel-style living. This can particularly be seen with bathrooms, and people are increasingly demanding design-led sanctuaries to escape to. I’d advise you to go bold with the aesthetic to give the wow factor (avocado is back!) and look for simple upgrades like double sinks and separate toilets for a touch of practical luxury.  If you have the space, why not integrate the bathroom with a wardrobe & bedroom to create a sumptuous principal suite; by far the most sought after feature in properties right now.”


🔨 LAY THE FOUNDATIONS:


“When you set out to renovate, it can be easy to skip to the ‘fun bits’ of design and style. But to maximise your ROI, make sure you’re working with trusted contractors, and you’re sourcing good quality materials from reputable third parties. Beams are godsend, and can do this for you, dealing with all the nitty gritty details that can slip through the cracks in a busy life and guaranteeing flawless, top-quality results”. 





🍳KITCHENS THAT ARE THE HEART OF THE HOME:


“If you have the budget to transform one space, it should be the one that we all spend the most time in; the kitchen. Buyers are impressed by light and lateral spaces, and I’ve spotted a huge trend towards maximising storage to make life easier, think pantries and utility rooms, people are willing to pay a premium for them. And likewise, if you have a spare nook, try and embed a WFH spot there and really make it the heart of the home.”


💚GREEN UPGRADES:


“A third of homeowners say that they want to cut their bills with energy efficient renovations, and they’re good for the planet too. Renovations are one of the best times to make your home greener and there are lots of ways to do this, for example updating your windows in line with Energy Performance Certificate requirements - something I get asked about a lot or using recycled construction materials.  Ahead of renovating, Beams offers a free home energy assessment to identify where to invest.”





🎨SPACE WITH PERSONALITY: 


“The homes that I sell that hit the biggest premiums have one thing in common; they’re all design led, and their owners have let their individual characters shine through. Avoid here today, gone tomorrow trends, but renovate in a style that you love. That’s where designers like Beams’  expert team come in. They work closely with their clients to ensure that they co-create a space that they’ll love to live in.”  

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