There are so many ways you can add value to your property, and not all require a big budget. Value can be added by embarking on a series of home improvements or by simply ‘staging’ your home in a way that can drum up demand and so increase its value.
Home improvements are a pretty surefire way of increasing your property’s value. Infact, it can add as much as much as an extra 10% to the value of your home.
Last year the National Association of Estate Agents revealed the home improvements most likely to bump up your property value.
- Add a bedroom: Get converting that loft space if you can, it’s been voted the best value-enhancing modification.
- A quality kitchen: It’s one of the most important rooms to a buyer, and the one they are most likely to be overhauled upon buying. Adding a quality kitchen can make a massive difference to buyer decisions.
- Conservatory: They are a staple home improvement these days and can be easy to develop thanks to relaxed building permission laws.
- From garage to living space - More sellers are transforming spaces such as garages into additional living spaces. It increases floor space while ensuring buyers don’t need to go down the planning permission route if they need extra space.
You can make more money and inspire a speedier sale if you can present your home in the most impressive way possible. Staging is about preparing your home for viewings and adding instant value through artful and clean presentation. Here’s some simple staging tips all sellers can act on today;
- Declutter: Buyers like a blank canvas they can project their dream home onto when viewing. Remove all distracting furniture or touches that make your property look busy or stylised. Make the most of areas with natural light and make sure buyers can easily see the shape of each room. You don’t need to banish all personality from your property, leave a few nice prints on the walls and scatter with plants or flowers for bursts of colour and fragrance. Mirrors are also a great way to expand a space and create a light and airy feel.
- A lick of paint: It’s amazing how much difference a link of paint can make. Go for neutral, light tones as they make spaces appear bigger and brighter. Also, it’s easier for a buyer to move into a freshly painted home so save them a job.
- Look at your property with fresh eyes: You’re blind to certain details and problems when you’ve lived in a place for a while. You might have totally forgotten about that dodgy light fitting or unkempt garden, and it’s these things that could cost you a sale. Go through each room and make a list of any little bits that could do with a clean or fixing.
The more time and money you put into your value-bumping mission, the greater the results will be. Many home improvement projects can require certain permission and permits so it’s always a good idea to check in with your local authority or seek advice from your estate agent.