As a homeowner, it’s only natural to want your home to be the very best it can be. Of course, taking the time to transform your property into your idea of the perfect space can take a lot of time, effort, and money. However, if making these changes allows you to create a home that is smart, stylish, and practical, then it’s more than worth it.
The great thing about having a beautiful home that’s well decorated and designed is that it could just be a fantastic untapped resource. Have you ever thought about getting back some of the money that you invested in your home by taking full advantage of the space? If you haven’t, it’s something that you should most definitely consider. Your home could make your thousands each year, if only you knew how to utilise it.
To help you to do that, below are a few ways you can take full advantage of your luxury home as a valuable untapped resource.
Rent out your loft or basement
Do you have a spare area of your home, such as somewhere that you only reserve for guests? Instead of letting that room go to waste, why not rent it out? You may need to update it and add a few features, such as an en suite if there isn’t already one, but the income potential could be fantastic. If you want to make the most of the unused space in your home and also make back some of the money you spent on doing it up, renting out an area of it could be ideal. By doing this, you could earn between an extra £300 and £500 a month.
Offer your home as a shoot location
You know those properties that you see featured in magazine photo shoots or used as venues for TV programs? Well, if your home is beautifully decorated, it could become one of them. If you have a look online at websites like www.1st-Option.com and read up on the process, you’ll find that it’s much easier than you would think. Of course, you would need to be willing to give up your property for certain time periods while it was being used. However, offering your home as a shoot location could offer you a fantastic extra income.
Open a small studio in your garage
Is your garage an area that is rarely used? If this is the case, why not transform it into a studio of some sort, so that you can display your work there? Whether you’re a photographer, artist, or writer, a garage studio could be an excellent way to increase sales of your work. Or, if you don’t require the use of a studio yourself, why not rent your garage out to someone who does? Just think, you could earn a small amount each month from a room that usually would get little to no use. For some design ideas, use sites like http://www.houzz.com to get inspired.
It’s no secret that we could all do with making a little extra money. So why not take advantage of your home as a valuable untapped resource? To do this, take note of the suggestions above and use them to make back some of the money you invested in doing up your home.