Whether you are looking to sell your home or not, it makes sense to think of ways in which you can add value to your property. There are many different things you can do in and around the home and here are 10 tips to add value to your property.
One of the most blatant tips for adding value to your property is to add more space. Virtually every buyer and home owner will benefit from having more space and you’ll find that there are a number of ways in which you can make the most of the space you have and the space in your property.
One of the most regularly cited ways to add value to your property is to convert your loft. If your loft is just storage or wasted space, converting it can provide you with more room and it will significantly increase the functionality of a room. Depending on the current space, size and nature of your loft, this may be a costly job but there are significant benefits to be gained by converting your loft.
Even if you aren’t looking to sell your home soon, a conservatory is a tremendous addition to any home. Being able to enjoy the best of outside living without worrying about the rain or wind is a great bonus. A conservatory will also provide a lot more space, which will have a positive impact on what buyers are looking to pay.
There are statistics which suggest 90% of garages in Britain are not used to house a car. This seems slightly high but it does mean that many people have garages which are no more than a glorified storage unit. Converting a garage into another living area, or a games room, or gym or a room with some purpose, can have a positive impact on the property.
There are ways in which you can improve the appearance of a property and positively impact on its value through decorations and improvements.
No matter what improvements or decorations you decide to make, they should be undertaken with the buyer in mind. This means you should think about who is likely to buy the house and then decorate with them in mind. This may not be to your tastes but it will add value to certain buyers, which is the key element of decorating to add value.
Continuing with the idea that space is crucial; if you cannot actually add space to a property, make sure you create the impression of space. You can do this by adding mirrors to rooms and hallways, making the space you have seen longer or wider.
Creating a positive first impression is vital and as your front door is the point where people move from outside to in, investing or upgrading your door is a sensible move. Your door should be in the same sort of style as the rest of the doors in the area, it should be robust and it should be welcoming. It is best to play it safe, stylish and traditional with a front door as opposed to taking any major risks.
It can be easy to forget about the outside of the property when there is so much to do inside the home but this would be a mistake. There are a number of steps you can take to improve the exterior of your property with the aim of adding value.
If you have spent years on caring for your garden or you are in the countryside, this isn’t the greatest idea. However, if you have a garden in an area that is short on space, paving over the garden and creating a safe parking area within the property can add value to your home.
While some experts will tell you to install new windows, the most relevant suggestion is to make sure the windows match the style of the property. If you have a traditional home, try and fit traditional windows or at least choose a refurbishment style that matches with the traditional style.
If your windows jar with the home, this can cost money and turn people off from buying the home.
Similar to the paving idea, this may not appeal to everyone but if you offer a space where people can relax and enjoy themselves, you may find that there is a greater level of demand for your property, boosting its value.
Lastly, if you only have the time and/or budget to focus on one room, the kitchen is where you should spend your time and money. This is because the kitchen is the hub of modern homes and it is the room where people cook, eat and socialise these days. Improving the look and utility of your kitchen can go a long way to improving the value of your property.
There are many ways in which you can add value to your home but you’ll find that adding space is a common theme.