Advice on increasing the value of real estate
Making a few changes and investing where they matter the most can greatly increase the value of your property. So if you’re planning to sell your home, consider making some small changes that make a big impact. You will see the value of your property increase dramatically.
If you are considering selling your home, making some changes to the property before the sale can help you add more value and get a better profit. Some changes are small, while some involve more time and more money. In the end, each of them and all of them can help you boost the value to your home.
Update the Bathroom
The bathroom is one of the most important rooms in a house and everyone appreciates a well-made, functional bathroom space. Upgrading its current layout and design is sure to add value to your home.
You can make from the smallest value-boosting changes to your bathroom to total gut jobs. You can even create a bathroom space where there wasn’t one. For instance, en suite bathrooms are definitely a feature that any buyer will appreciate. Investing in this addition if you don’t have one is sure to pay off in the long run.
If, however, you would rather start small, there are still plenty of things you can do. First of all, you will need to make sure that all the installations function properly. Second, make some design changes such as:
- changing the light fixture with a more suitable one or adding more lights
- update the space with some light paint and maybe paint or change the tiles to a nice, neutral shade
- replace the sanitaryware if its days are numbered or if they are in a less-than-neutral colour
- add a ventilator
- change or add a mirror and a towel rail
Change the Heating System
On the list of upgrades that will absolutely pay off and help you sell your home for a bigger profit is replacing the heating system. That is unless it’s been recently upgraded, of course.
Underfloor heating systems are currently making a huge splash on the property market. They are a very appreciated feature of modern homes. So, if your budget and the house’s condition allows, consider making this investment to add value to your home. The costs you incur will definitely be returned.
That said, if underfloor heating isn’t an option or it would require a whole-house remodel, there are still some improvements you can make that increase the cost. Changing the boiler, for example, will make the house very attractive to buyers. This will give them peace of mind knowing that this is an issue they won’t have to deal with for at least a good few years.
Transform the loft
If you have an unused loft in your home, don’t ignore its potential. Adding a loft can increase the total living space by adding another bedroom or study to the layout. Investing in converting unused space into livable space will greatly increase the value of your home.
Depending on what function and options you choose for the loft, you can complete a conversion or renovation for as little as £450/m² and gain thousands when it’s time to sell your property. The more expensive features you will have to watch out for are adding natural light if there is none or any planning permissions you may need to carry out the works.
Replace the windows
Another aspect every potential buyer will want to know is the energy efficiency of your windows. Double or even triple-glazed windows are becoming the norm nowadays. So, you should definitely put this on the list of upgrades for your property before you sell.
Always take into account the character of the house when choosing new windows. Pick a style that fits and complements the home’s façade. Depending on where your home is and what architectural style it falls under, you may even have some restrictions as to what type of windows you can install. So, do a little homework before.
Try a Garden Makeover
The garden is yet another space that can make potential buyers feel instantly at home when it is well-designed and accentuated. Any changes and additions you make that can help buyers envision enjoying their time there are sure to add value to your property and take it off the market faster.
A clean, well-organized garden that feels private and inviting is what you should be going for when you make any upgrades to this space. Cut out any dead trees, remove any withering plants, tweak any overgrown shrubs. Instead, plant some colourful flowers, set up a table and some chairs, or a reading nook. You can even invest in a pergola and some privacy fences, or a new, state-of-the-art barbecue.
Upgrade the Exterior
When you want to make an impact right from the beginning, consider the front of your home for an upgrade. A fresh lick of paint on the façade, replacing the main entrance door, adding a new frame to it. These are all not so big investments that will add great value to your home and make it more appealing to buyers.
Check for cracks in the brickwork and chipped paint. If there are any, make local repairs or repaint the entire surface. Also make sure all hardware in doors and windows are functioning properly and make any necessary repairs or replacements. For added design, add some planters to decorate the house.