Top Ten Tips to Add Value to Your Home
Published at: 26/04/2017
As Colchester's leading estate agents, Jackson & Co sell many homes in the area every year, so we know a thing or two about what prospective buyers are looking for. So whether you are planning to sell now, or in years to come, here are our top ten tips to add value to your home.
1) Build an Extension
An extension increases floor space, living space, usability and creates a more attractive home.
Yes it's one of the most expensive items on our list, but the potential value increase to your home should exceed the outlay makes it a worthwhile investment.
2) Install a New Kitchen
All the best parties may start in the kitchen, but a fabulous kitchen can be a key selling point to potential buyers. Investing in a well-designed, high quality kitchen can be a financially smart move if you plan to sell in the near future.
3) Upgrade the bathroom
A tired bathroom can put off prospective buyers as the thought of replacing it can be daunting. A shiny new suite is worth the effort and can bump up the asking price.
4) Add an Additional Bathroom
An en-suite shower room or bathroom, or conveniently placed extra lavatory, always goes down well with prospective buyers and could add value to your property.
5) Knock Down a Wall
Kirstie and Phil never tire of telling buyers they could knock down walls in the houses they are viewing on Location, Location, Location. And there a very good reason for that.
Redesigning the floor layout can open up a whole new host of possibilities. Buyers love an open plan kitchen/family room and, provided there are no structural issues, you can transform a cramped or awkward space into an airy, light and spacious living area.
6) Convert Your Loft
A cleverly designed loft conversion is another great way to add extra space and long-term value. Turning your two bedroom home into three opens up a whole new market for your property.
7) Get Eco-Friendly
We live in an increasingly eco-conscious world where buyers are becoming more and more interested in the green-ness of their future homes.
You don't need to install solar panels and wind turbines. Simply improving your home's Energy Performance Certificate (EPC) can add value of your property.
8) Create or Restore a Feature
Creating a new feature such as installing a wood-burning stove in the lounge of granite worktops in the kitchen, will add a wow factor.
You may already have features that just need a little TLC. Are there roof timbers you can expose? What about restoring period features like bannisters and decorative mouldings, or stripping floorboards?
9) Tidy Up the Garden
A carefully planned and well maintained garden adds so much potential to a property and is well worth the time and investment.
10) Get the Basics Right
This is our most important tip of all. If you don't get the basics right then that defeats the purpose of doing anything else. Your first port of call is getting the essentials done right: replacement windows or double glazing, central heating, updating electrics, fixing a porous roof and layering in a damp-proof course are basic, sound investments.
If you're thinking of selling your home and would like further tips on maximising its value, get in touch with us at Jackson & Co.