Even if you’re not selling your Melbourne South East home, you’ll want to increase its property value. There are many different ways you can increase your property’s value, but perhaps the most effective is to install concrete driveways Melbourne South East. Various sources report that adding a driveway can increase your home’s value by as much as 10 percent, but how? Let’s take a look at some of the benefits that come with it, and how these perks can level up your property value.
Here Are 6 Ways Installing a Concrete Driveway Increases Your Home’s Value
1. Increases Curb Appeal
Remember that the exterior of your property offers more than just aesthetic appeal. In fact, properties with a concrete driveway have better curb appeal that’s likely to attract more buyers. This curb appeal is due to a few reasons, one of which is the utility that a driveway provides. The second reason is that concrete looks great, thanks to a number of colours and finishes to choose from. This way, you get a driveway that complements your architecture, and your property sells faster than homes without one.
2. Adds Usable Space
What’s the biggest contributing factor to your home’s resale value? The space. When you install concrete driveways Melbourne South East on your property, you’re effectively increasing the amount of usable space. Since appraisers consider the area of a property when determining its value, increasing the square footage by installing a well-designed driveway is a great idea.
And it’s not just appraisers who see this added value – potential buyers will see it, too! During showings, a well-maintained driveway can highlight the extra space. Adding features like a basketball hoop shows buyers the different ways they can use the driveway. From hosting birthday parties to planning barbecues, the possibilities are endless.
3. Improves Safety
With concrete driveways Melbourne South East comes added safety and security, things that potential buyers will willingly pay more for. When your Melbourne South East home has a driveway, there’s no need to park on the street. This ensures the safety of your vehicle, preventing concerns of accidents and vandalism, and gives you clear visibility of your car.
But the most prominent aspect that increases your home’s value is the addition of surveillance systems and security cameras in and around the driveway. A security system, along with proper lighting, can deter intruders and trespassers.
4. Provides Convenience
5. Gives You a Return On Investment
Because a concrete driveway can last decades with the right care and maintenance, it can continue to provide a return on investment. Unlike asphalt, concrete can withstand heavier loads and is resistant to harsh weather conditions and UV rays. Similarly, it doesn’t need extensive maintenance and upkeep either. With some regular cleaning and yearly re-sealing, a concrete driveway can give home buyers a return on their investment.
6. More Space For Landscaping
If your property has limited outdoor space, a driveway is a great way to extend the landscape. You can integrate the driveway into your landscape design by adding elements like decorative pavers or planters. Doing this improves curb appeal and shows potential buyers the different ways they can personalise the property.
Increase Your Home’s Value With Concrete Driveways Melbourne South East
Installing a concrete driveway on your Melbourne South East property is a great way to improve its value and functionality. Nevertheless, keep in mind that this applies to well-designed and well-maintained driveways that are installed by a professional. The right team of experts can law a concrete driveway that aligns with your preferences and matches your architecture. So, if you’re ready to take the leap, contact our team of professional concreters to discuss your driveway project.