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15 ways to add value to your home
15 ways to add value to your home
If you’re thinking of selling a property, it’s worth considering how you can maximise the value of your home. Even if you’re simply looking to update a room, it’s important to understand how much this could add to the price of your property, when you come to sell. Adding value to your current property is essential if you want to move up the property ladder so take a look at our tips and tricks for adding value to your home.
It’s the most obvious DIY job but also the most important. Breathe new life into every room with a simple paint job or a change of wallpaper. Keeping walls a neutral shade will ensure that your property appeals to a larger number of potential buyers.
Update the bathroom
When it comes to buying a new home, there are some rooms that shouldn’t look like they need lots of work. A modern, fresh and clean bathroom is usually high on buyer’s list of things to look for, so consider spending some time here. Remove limescale, replace taps and re-grout any discoloured tiles.
Update the kitchen
As the heart of the home, kitchens in a good and working condition are usually a high priority. If you can’t afford to put a new kitchen in, replacing cupboard door handles and doors can be a cheap alternative.
Create a good first impression
The front garden is usually the first thing that a potential buyer sees so make it special. In addition to this, a well-maintained garden can add value to a property. Consider adding a seating area, some outdoor furniture, and a few plants.
Consider open-plan living
Open-plan living is very popular especially when it comes to the kitchen and dining areas. If you’ve got enough money to do so, knocking down a wall could hugely increase the sale price of your property.
Add double glazing
Double glazing doesn’t only keep homes warm but it can also reduce noise from traffic – which can be very useful if your property is near a main road.
While this may sound like an expensive task, it could add thousands of pounds to the value of your home. You’ll need to get planning permission before starting any work but an extended living area or kitchen can have great results.
Convert the loft
Though a loft conversion can be one of the most expensive tasks to carry out, it can provide the best value for money. Expanded lofts can offer great space for growing families – just remember to get planning permission first.
Add a downstairs toilet
The addition of a downstairs toilet can be very appealing to some people. A section of a large living room or space under the stairs can easily be transformed.
Create a driveway
Parking on your very own driveway is practical and can also create an extra source of income. In some areas of the country, people will pay good money to park on your drive instead of pay and display car parks. Get in touch with your council to see if you’re permitted to drop the kerb.
Fix structural issues
A broken roof, insect nests, damaged floorboards, and damp/mould are just some of the most common structural issues. Cast an eye around your property and identify any issues. If a potential home buyer notices these problems, they may use them to negotiate a cheaper price.
Ensure the central heating is working
Adding effective central heating will add more value to the property than it costs to do. Underfloor heating and heated towel rails also add to a property.
Update the services
Rewiring a property and inserting new and more plug sockets can be beneficial. Similarly, updating the plumbing work and pipes can also increase the potential property price.
Add a conservatory
A conservatory can add lots more value than it costs, providing it’s built well and matches the style of the property. Plus, you usually don’t need planning permission.
Find space for more bedrooms
More bedrooms often mean more money so if you’ve got a large bedroom, consider splitting it into two. However, you need to be aware of the bedroom/bathroom ratio and remember that rooms that are too small, will have an adverse effect on the property price.
If you’re looking to sell your property in Yorkshire, get in touch today and one of our experts will be more than happy to help.