Many people look to make improvements to their homes where they can and, where possible, add value in preparation for selling in the future. This post contains various tips on adding value to your home.
Loft or Cellar Conversion
Converting a loft or cellar can increase the value of your home significantly. Conversion will use the space that you already have (usually used for storage), and convert it into additional living space. By doing this you are effectively increasing the size of the home in the eyes of a buyer. If you can create an extra bedroom, for example, possibly including an accompanying bathroom, then the value of the property is likely to go up to more than cover the costs of the conversion.
Just like a loft or cellar conversion, adding a conservatory adds to the indoor living space. Rather than typically being for an additional bedroom, though, they are generally used as a relaxation/lounge room. The nature of a conservatory is attractive to many; with them typically being surrounded by windows thus keeping them light. It is important, though, to think about garden space prior to having a conservatory built. If it eats into the garden too much – meaning little garden space is left – then it can be a negative rather than a positive in the eyes of a prospective buyer.
Modernising the Kitchen
If you are living in an old house with a dated kitchen then it can devalue it and you should consider modernisation. While many are willing to redecorate when they purchase a new home, an out-of-date kitchen will put off many potential buyers – or reduce the price they are prepared to pay.
Most people expect double glazing these days. They have got used to it and don’t want to live without it. If your home isn’t already double glazed then you really should think about getting it done. It will keep the cold out in winter, save on energy bills, and even offer noise protection.
Interior Window Shutters
Interior window shutters are seen as attractive so can increase the value of a home from an aesthetic point of view. It gives you flexibility in terms of letting in the optimum amount of air and light. Their adjustability is the main benefit and this, along with the look of them, will increase the value of your home.
As with double glazing, central heating is something that people have come to expect and they have got used to its convenience. Without central heating installed the value of your home will be significantly lower than that of similar properties where it is. It will increase the comfort of a home as rooms won’t need to be heated individually.
Does Decoration Make a Difference?
The problem with decoration is that it all depends on who is considering buying your home when you come to sell. Some are happy to redecorate whereas others dislike it and would rather purchase a home where it isn’t required. However your home is decorated, though, there are going to be some who like it and some who don’t. The reality is that this isn’t the most important factor in the value of your home, but in some cases it can put particular buyers off. If you are going to redecorate prior to attempting to sell your home then you should go for uncontroversial, neutral colours and décor. People are unlikely to be turned off by this and even if they would like to redecorate at a later date, they could live with it in the meantime.
Finally… Don’t Leave Things Unfinished
You shouldn’t leave decoration or DIY projects unfinished when trying to sell your home. When someone is buying a home they don’t want to have to finish something someone else has started. If there are any unfinished projects you should ideally complete them before you put your home on the market.
Andrew Marshall ©