It is not an easy job to measure the value of upgrades. Often, during resale, even the very best upgrades manage only 80% of the amount that was spent on making them possible. But here is the other side of the equation. If you do not spend money on them, you will have prospective buyers throwing a cursory glance at your property but never actually buying them. One good reason why these home improvement projects must be seen in a broader light.
Outdoor projects
The idea is to make your home all the more fetching. There is a consensus that the outdoor projects bring back maximum amount during resale. This said, the crowd is drawn (especially the female prospects) by a purposeful kitchen and bathroom quite a bit more.
Green code of living
Today, when Australia has understood the importance of green living and environment-friendly home design equally-if not more- to the global homeowners, the value placed at such renovations has shot up. While the absolute necessity for the ‘green’ transition is beyond debate, from an aesthetic viewpoint, the concept of open-plan living has begun to do the rounds.
Open plan living
Already, the pace of our lives has limited the frequency at which we are interacting as a family. The traditional dining space- as we know it- has all but vanished and what has come in its place is the kitchen island, the new focus of such interactions. There is however quite a pleasant noise growing around the idea of open plan living and designers are putting their best foot forward, working right from the level of reorientation of the floor plan. Open plan is the new plan, one might contest.
Man-environment fit
I reiterate that the present decade will be commanded by green living; what with the world rallying against the scourge of global warming. The man-environment fit will be a crucial question we will be asking ourselves. Just as ergonomics makes a thorough study of the natural body posture and aims at creating furniture that answer to this need, homes will be designed, renovated, added to or extended, keeping in mind the man-environment fit. Let us see if we have enough designers ready for the creative and architectural challenge of the task at hand.