If you want to increase the value of your property, whether you’re looking to sell soon, prepare your home for sale as a retirement project, or just have some money to invest and want to spend it in a positive way, you’re in the right place.
We’re here to discuss four ways that you can increase the value, from smaller more affordable options to more extensive investments that can really drive the value up.
Improve Energy Efficiency
Firstly, you should improve the energy efficiency of your property to help increase its value. When you focus on implementing eco-friendly features, then it can give it a competitive edge and really increase its value.
So many different types of home improvement come under this category, from insulation through to appliances, your windows, and doors, if you have any forms of renewable energy, the standard of your boiler, your methods of heating and cooling, and so much more.
Here are a few ways that you can increase the value of your property by making it more eco-friendly:
- Get roof, exterior wall, floor, or conservatory insulation
- Upgrade your built-in appliances to more eco-friendly and energy-efficient versions
- Change your light bulbs to LEDs
- Consider new double or triple-glazed windows
- Get a smart meter so you know which appliances are using the most energy
- Upgrade your boiler to a new, more energy efficient, model
Improve Curb Appeal
Another thing you can do to drive up the value of your property is to improve the curb appeal. First impressions are everything, and if you don’t focus on how your house looks from the road then it can quite quickly reduce the value in the eyes of the buyer.
So, you should focus on your landscaping, and outdoor lighting, clean windows, fix any issues and potentially replace the roof, paint your front door, consider having your drive redone, and generally just make everything look clean and welcoming.
Perhaps take a chainsaw to clear up trees and bushes, then add some evergreen plants too!
Something as simple as jet washing the front of your house can clean everything up and make it look nice and fresh.
This is especially important if you’re planning on selling soon, so spend some time cleaning everything up and doing some renovations, it’ll be worth it.
Update Bathroom and/or Kitchen
Two of the biggest things that people look for when they’re buying a house, after the actual size and the potential, are the bathroom and kitchen.
If a house has an old-looking bathroom and kitchen, immediately the buyer will see them and think that replacing both of those rooms will be costly.
So, if you can make improvements whilst you’re there, it can make a big difference to the offers you get and how much you can put the house on the market for.
Even if you can’t afford to have both rooms completely refitted, you can do smaller things like paint cupboards, get new tiles, change handles, and look at new worktops to transform the space visually and just give the property that extra bit of appeal.
Consider An Extension
Lastly, something else you should do is consider an extension. Taking your home from a 3 bedroom to a 4 bedroom, or having a large and impressive kitchen dining room, can really transform the value of your home.
It’s worth speaking to a local estate agent to find out how much value it could add, and then basing your budget on that.
If you are going to get an extension, it's key that you have it done properly with a reliable company, as the last thing you want is for poor craftsmanship to result in a survey presenting issues that could seriously impact the value of your home.
If you’re not ready to move yet, this is a great thing to do, as it makes the space nice and comfortable for you whilst you’re there, with the added benefit of it being worth more later down the road.
So, if you want to invest quite a bit in your property, then look to get an extension and it could be transformative.
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