Seven Ways to Add Value to your Property
Thanks to a year stuck inside our homes, it’s no wonder we’ve all become obsessed with renovating rooms wherever we can. There’s countless TikTok videos out there demonstrating how to take renovations into your own hands, making it easier than ever to spruce up your home on a budget.
Not only will you be giving your house a lovely new look, but you’ll inevitably make it easier for yourself when it comes to selling it. To help you out in the process, the team at www.onlinemortgageadvisor.co.uk have put together a list of their top tips on adding value to your property.
Convert your loft
If you’re able to convert your loft, it’s definitely something you should take advantage of. You can turn them into an additional bedroom, office or even a cinema room. An extra bedroom can add as much as 15 per cent to the value of your home, especially if you have an en-suite up there too, and as many can be converted, it’s a great way to add value to your home.
Make sure the outside areas are as aesthetically pleasing as the inside
With people being confined to their four walls throughout the working-from-home stint, having a property with a nice outdoor space has become a priority for a lot of people. Make sure every area in the garden has a purpose, whether that’s a place to host and dine, a place to sunbathe when the warm weather comes or even your very own veg patch. Just make sure it’s easily reversible as what you decide to do with the space may not be everyone’s cup of tea, but it will help them to visualise themselves in the space and what can be done.
Upgrade your bathroom
Installing a shiny new bathroom will definitely increase the value of your property. However, it can be an expensive project to carry out. To keep the price down, it’s worth keeping the existing layout and just updating the shower/bath and sink area to something more modern.
Make your downstairs area open plan
Gone are the days of having separate rooms downstairs for entertaining. Those playing host want to be able to chat with their guests and cook a three-course meal all at the same time. That’s why an open plan layout is highly desirable and worth investing in. If your budget allows, look to install patio doors so you can create an indoor/outdoor feel.
Get planning permission before you come to sell
Planning permissions can take a long time to come through, so if you can show your buyer that they’re able to get straight into any building work they want to do, it can be a huge encouragement for them to buy your property.
Highlight original features
While a lot of people want modern decor and furniture, having original statement features can really increase the property’s value. Original fireplaces, decorative mouldings and panelled doors are a great addition to any home.
Convert your garage
Much like loft conversions, garage conversions can add a lot of value to your property. Whether you decide to turn it into an extra bedroom, a games room, or even a home gym, this move will certainly add value to your home. Make sure you’ve got the budget and don’t go too niche with the space as it might put some potential future buyers off making an offer.