Add value to your property with a home gym
Some people are too shy to go to a commercial gym and some just don’t have the time to go during normal gym hours. Yet others just prefer to have their equipment to themselves, but whatever the reason, home gyms are becoming an increasingly sought-after feature among homebuyers. With some forward planning, it’s relatively easy for homeowners to convert an unused spare bedroom or garage into a great workout space.
What you need for a home gym
Here’s a list of things you’ll need to make the perfect home workout space:
- Good ventilation, which might mean installing a powerful overhead fan or adding an extra window
- Smooth, cool floors that can take lots of wear and tear, so you might have to take out a carpet and lay tiles perhaps, or put rubber matting in over a concrete floor
- Enough electrical outlets if you want to run power equipment such as a treadmill, bike or orbital trainer
- Soundproofing if you like to exercise to loud music
- A large mirror on one wall to enable you to observe form and technique and so reduce the chances of injury from certain types of exercise.
However, the experts say, if your home does not already have a gym, it’s best not to spend a lot of money on making these changes or buying expensive exercise equipment until you’re sure you will make frequent use of it. The treadmill that has become a clothes-horse is a cliché for good reason.
So set aside the space you would like to convert and start small with some simple items such as a yoga mat, a basic set of dumbbells or kettlebells, and a stability ball for resistance training. If you want to get your heart-rate up, try skipping, a basic stepper, or a cardio dance “class” on your laptop.
If after a few months of consistent training you find that you still want a “big ticket” item like a stationary bike, start by looking in the classifieds (the best time is about two months after Christmas).
Bring in the professionals
At that stage, it will probably also be worth starting to upgrade your spare space and turning it into a slick home gym that will add value to your property, something particularly useful for if and when you decide to sell one day. But as with any DIY, unfamiliarity with the tools and process can be dangerous. If you live in an upstairs apartment, for example, you need to make sure that the floor of your gym space will support the weight of any heavy equipment you plan to install.
Similarly, if you are planning any changes or additions to the electrical system such as adding more lights or plug sockets, you really must get the work done by a qualified electrician who can then also update your electrical safety certificate. And finally, if you need to access some of the equity in your home to make some structural changes, you should consult with a reputable mortgage originator like BetterLife Home Loans about extending your home loan.
Please note: If you are at all uncomfortable or inexperienced working on DIY projects (especially projects involving dangerous tools or tasks), please reconsider doing the job yourself. It is very possible on any DIY to damage your property, create a hazardous condition, or harm yourself or others.