It is widely acknowledged that moving home is perhaps one of the most stressful things that you can encounter in your lifetime. In such a competitive market, it is crucial that you gain the ‘ceiling price’, for your home.
Here, our friends over at Resapol give us the lowdown on changes that you can make within your home to potentially increase its value.
Add value with an en suite
According to Nationwide Building Society, adding an en suite bathroom to your property can add approximately 5% to the value of your home. However, be mindful not to impose on the space of a double bedroom as this will have the potential to de value your home.
Implementing small changes to your home to ensure that it is energy efficient can not only save you money in the long run but also increase the value of your home. Adding the likes of solar – panel heating and insulation can make a substantial difference to your annual energy bills.
An energy efficient house hold can also be one of value as property seekers will actively seek homes that are more energy efficient.
Curb appeal can play an instrumental role in the value of a home. If a home looks good from the outside, then potential buyers will feel more positive about the proposed price. With Spring finally making an appearance, now is the perfect time to spend some time outdoors and up your home’s curb appeal while the weather is warm, and you’ll enjoy the results all year. You can do this by repainting your front door, installing new mailbox name plates, mowing your lawn, etc.
Say goodbye to the garage
90 percent of British garages do not contain a car. A permanently empty garage can be considered a wasteful asset. It may be worth considering changing the garage space into a living space. This will not only add a substantial space to your home but hugely increase its value.
Who is your target consumer?
Determine what kind of person is likely to view and purchase your property, this will help in deciding whether to market the spare room as a nursery, a gym or an office.
Mirror mirror on the wall…
The hallway is the first thing a potential buyer will see. Mirrors on the wall will automatically portray the hallway as a bigger space and therefore give a great first impression.
Let the light in
Allowing natural light into a room can be incredibly aesthetically pleasing. Where you can, it is vital that you let natural light fill the rooms where you can.