How can I add value to my property?
How can I add value to my property?
A lot of homeowners have been looking into ways they can increase their house value, especially if they’re looking to sell. Adding value can help you sell for a higher amount, as well as get you a sale much faster. We’ve looked at the best ways to increase your property value below!
Add a bedroom
Adding a bedroom to a house is the best way to increase value, adding as much as 20% to your house price. There are a few ways that you can do this –
- Extend your property to add another room
- Split a large room into two smaller ones
- Redesign a room to create a bedroom.
You can choose the best method for you to add your bedroom, but if you decide to split a large room into two, make sure that they are still a good size. Adding smaller bedrooms won’t have the same effect and could end up decreasing your value if they don’t reach regulation size, so don’t forget to get the measuring tape out and speak to a professional to confirm this will work for you.
Renovate the kitchen
Kitchens have always been the heart of the home, but more and more homeowners are looking for a big room with plenty of space to entertain and host. Renovating your kitchen can let you completely transform the room into a modern, desirable place that will have your viewers dreaming of cooking a meal here.
Extending kitchens is the best options, as having more space is better, but updating the cupboards and the flooring will come together to create a stunning room too. You can look at the latest trends to decide what you like the most; some of the most popular kitchen updates we’re seeing in houses are –
- Handle-free cupboards and drawers for a sleek, contemporary look
- Under-cupboard lighting, drawing attention to all the right places and brightening the room in one go
- Bold colours, such as navy and emerald green
- Statement splashbacks to add more dimension
- A breakfast bar or island, adding a dining element
These changes will make your kitchen incredibly attractive and increase your value in one go – so if you’ve been asking yourself, “how can I sell my house fast?”, a new kitchen could be the answer!
Take care of the garden
An out-of-control garden can decrease your value and put any potential buyers off very quickly, so if you’re looking to sell and want to get the best price possible, spend some time fixing the place up. You should –
- Cut any grass
- Weed the borders and any patio areas
- Trim and maintain hedges
- Remove anything unsightly, such as broken items or things waiting to be thrown away
- Get rid of any plants or flowers that are dying
- If you can, add a seating area, such as a table and chairs or a bench
- Add some healthy plants or flowers to bring a pop of colour to the garden
Gardens are more desirable than ever before, so if you have one, make the most of it. It doesn’t take too much work to get a garden looking beautiful, and this will help you increase your property value and encourage viewers to move forward and put an offer in.
If you’re on a lower budget, some simple redecoration will make a big difference for a much cheaper price. Repainting scuffed and chipped walls or replacing torn, damaged wallpaper will instantly make a room look more attractive. It’s best to pick light, neutral colours as it will make rooms look bigger, brighter, and cleaner – three things that viewers absolutely love.
We’re seeing more colour creeping into homes at the moment, so a feature wall can also be a great option to brighten the place up without it being too overwhelming and risk putting viewers off. Remember, anyone viewing your house is looking at the smallest details and could say no, so try to avoid going too big and bold with the colours. It can be hard for them to visualise their own items in the house if it’s completely out of their style, which is why neutral colours are recommended – it provides a blank canvas and makes it easier for your viewers to imagine their own belongings in the house.
Update the bathroom
Popular bathroom designs have evolved over the past year, with a lot of homeowners now looking for a more luxurious space to practice self-care with spa-like vibes. Redoing the bathroom can boost your property value and attract viewers in one go, especially if you’ve got desirable features such as –
- Having both a shower and a bath – whether they are separate or combined, having both will increase interest as most people like to have the option between the two
- A waterfall shower
- Plenty of space
- Underfloor heating
- Heated towel rails
- Storage to keep it tidy
There are lots of popular design trends that you can look into when redesigning a bathroom, and if you’re concerned about the size, you can choose large tiles for the walls that make rooms look much bigger. White tiles with grey marbling also help to make bathrooms look more spacious – dark colours make a room look smaller, so avoid these in rooms that aren’t as big!
When you’re making these changes looking to add value to your property, make sure that you stick to your budget – the last thing you want is to overspend and then find out that even though your value has increased, it hasn’t covered the costs of the work that you’ve done. Speak to professionals, get plenty of quotes, and see how you can transform your house and your value!
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