Add Value to Your Home
If you’re thinking about selling now, or just planning for the long term, here are a few sure-fire ways to add value to your home.
1) Structure before cosmetics
You might be tempted to just cover up issues like cracked or damp walls/ceilings. Unfortunately for you, this won’t fool a valuer, meaning these glaring faults will be showing up in a home report for all to see. You could be beaten before you begin trying to sell. Sure, these structural repairs could cost you now, but if you don’t get them taken care of, they’ll cost you much more later in lost value.
2) Make sure utilities are up to date
As a rule, updating utilities will always add more to the value of a property than it costs, even if it may not seem like it at the time. Why? A modern central heating, plumbing, and electrical system is an absolute essential for home buyers. Consider it; would you buy a house with a twenty year old wiring and plumbing system? Then how can you expect prospective buyers to? An electrical redux will need a modern consumer unit with a residual circuit device (RCD). An old plumbing system can be noisy, unsafe, and have poor temperature flow, a huge turn off for buyers. With a new central heating system, you can also highlight increased energy efficiency, which is become more important every year for buyers.
3) Now it’s time for cosmetics
To get the very best price for your property, you want to make sure everything looks in top condition. Even a period home or barn conversion, while retaining lots of character, shouldn’t have peeling paint or mould. If you’re a DIYer of any skill, you can probably do most of this yourself. If not, hire a professional for the best job possible. Defects you should sort out include paint jobs, squeaky doors, loose tiles, and bad smells from sewage or drains. Also, before any valuation or viewing, floors, countertops etc should be sparkling.
4) Convert your Loft or Garage
Converting a loft is a great way to add accommodation, but it’s worth noting, in order to add real value, you’ll need to make sure it has a full staircase. If you don’t have the space for this, it’s a no-go. If you can spare the space, make sure your loft conversion complies with all building regulations (this means LOTS of insulation). Loft conversions are typically a lot cheaper than a garage conversion, but if you have the latter, they, of course, don’t require a staircase, and are far easier to manoeuvre materials in and out of.
5) Replace/Update your Kitchen
Kitchens are typically a showpiece of any home, for sellers as well as buyers. Small changes can make all the difference here, from replacement worktops to a new hob unit. If wholesale changes to you kitchen are in order, it’s worth getting in a kitchen expert to draw layouts that make the most of space and your home’s other features.
6) Replace/Update Windows
PVCu double glazing windows are well worth a purchase to add value to your home, particularly at the lower end of the buyer market. They are energy efficient, secure, and typically don’t require an awful lot of maintenance during their lifespan.
7) Refurbish your Bathrooms
For some buyers, a home where they don’t need to refit the bathroom will get points. Touches here and there can make all the difference, with new taps or a shower head completing or redefining a look. If you do need a complete bathroom refurbishment, it’s not as expensive as you may think. A full suite with a luxury look and feel can cost under £500. It’s well worth a look if you’re bathroom is lagging behind the rest of your home in terms of aesthetics.
A garden that is neat, tidy, and eye-catching can make your home more valuable, but also more sellable at that price. It could be the feature that seals the deal in your sale. Obviously, you’ll have to work with the space you have, and with that in mind, it’s worth getting a landscape gardener/designer in to take a look, so you make the most of that space. If you aren’t sold on a complete garden re-do, at least cut the grass and do some weeding before a viewing.
9) Kerb Appeal
The entire facade of your house can be a deal-breaker for prospective buyers. You could have the most gorgeous interior out there, but if the outside is a disgrace to your street, it’s likely you’ll have difficulty selling. Ways to improve your ‘kerb appeal’ include repointing, replacing and repainting. Make sure all of your walls are clean and crisp, your doors aren’t battered and faded, and your brickwork and roof aren’t crumbling or dirty.
This is particularly important in congested areas. Adding off-street parking options can add huge value, because no buyer wants to squeeze their car into a space after work every day. If you live on a road that isn’t an A or B, you likely don’t need planning permission, but you’ll still need to build a drop kerb.
It’s likely your home won’t need even half of these measures to bring it up to speed for a sale, but undoubtedly, a few licks of paint or small purchases here or there can add thousands of pounds of value, with very little effort on your part.
If you would like one of our experts to come out and offer a full appraisal of work needed, we'd be only too happy to help.