When looking to add value to their domestic property, many people look to cladding as a way of improving the desirability and offering an additional wow factor. Steel cladding in particular is a great way in which you can make your property more valuable without causing yourself too much hardship. But what is cladding, and why is it a good investment idea?
What is cladding?
Cladding is simply a material that is applied to the external side of a property, on the walls or the roof. Cladding can come in a variety of different materials, including vinyl, brick, or metal. Whilst all kinds of cladding can provide aesthetic improvements to a property, metal cladding is one of the more durable and reliable options, with steel in particular offering some excellent properties.
How does it improve property value?
Steel cladding is a striking and aesthetically pleasing sight. It instantly provides buildings with a sense of intrigue and excitement. As such, it increases the marketability, and subsequently the value, of a property. Those homes that can boast a character and uniqueness are more likely to bring the higher profits, and therefore steel cladding offers a simple and easy way to increase the market value of a home.
Whilst many people pour lots of capital into home renovations in a bid to raise the value of the property, these projects often tend to run over budget and reduce returns. Steel cladding is a relatively cost effective way to liven up a home exterior, with a one-off cost that doesn’t run over and cause spiralling expenses.
Another way that steel cladding makes homes more desirable and therefore profitable is the effects it has on energy efficiency. More specifically, steel is an excellent material for keeping the warmth (or cool) in the house, and preventing escape. This means reduced heating or air conditioning bills. This isn’t just a bonus for you, but also for anyone who is looking to buy the property should you choose to sell. Those homes that offer higher energy efficiency rates are more likely to command higher market prices.
Inclement weather is never far away, and while homes are subjected to all of the elements throughout the year, steel is a tough and durable material that can withstand the vast majority of weather conditions. Whether it’s strong wind, heavy rain, or even baking sun, steel cladding offers great protection to the home. As a result, this added protection means that repair work and maintenance is very infrequent to the exterior of the property, which frees up capital for interior renovation or other investments. And it also provides peace of mind to potential suitors that the property is sturdy and able to withstand rough weather conditions.
In seeking to make domestic property more valuable, many people focus on the interior aspect and neglect to improve the exterior. But after all, the outside of a home gives the first impression, and if your first impression is made with a striking and modern-looking steel cladding, you could already be on to a winner.