19/09/2023
🏡 Want to sell? Here are some tips to boost your property's value.
1️⃣ Off-Street Parking: Adding a designated parking area can increase property value by 10-15%, enhancing its appeal to prospective buyers. The application process takes about three months and can be a bit costly.
2️⃣ Kitchen Refit: The kitchen is a crucial selling point. Even minor updates like painting cabinets or changing worktops can enhance its appeal. Consider an off-the-peg kitchen from a big supplier if a total renovation is necessary.
3️⃣ New Bathroom: After the kitchen, the bathroom is next on the priority list. Adding a shower room or guest loo can significantly enhance the property's appeal. Remember to keep the fittings simple and budget-friendly.
4️⃣ Create Some Space: Knocking through non-structural walls to open up areas can make a home more welcoming and brighter.
5️⃣ Guest Room: An extra bedroom suite can attract buyers interested in renting out space for Airbnb guests or under the rent-a-room scheme.
6️⃣ Energy Efficiency: Buyers appreciate good insulation, new windows, and energy efficiency. Adding a stove can also enhance the property's appeal.
7️⃣ Rework Your Hallway: A well-maintained hallway creates a strong first impression. Improvements like fresh paint, carpets, and even adding a downstairs loo can have a significant impact.
8️⃣ Give Timber a New Look: Consider painting over old timber finishes for a refreshed look.
9️⃣ Prune & Cut Back: Trees and shrubs can make gardens appear smaller, so consider pruning or removing them to create an impression of more space.
🔟 Regular Repairs: Keep up with small repairs to prevent them from becoming significant issues later on.
However, not all renovations add value:
❌ Over-spec bathroom, attic conversion, highly personalised hobby rooms, full open-plan design, conservatories, and ambitious landscaping may not contribute to property value.