If you are thinking about putting your home on the market, either in the near future or in a few years, it would be wise to contemplate how to increase the value of your property. With so much competition on the market from other properties of a similar size and features, you need to make your home stand out from the crowd. Getting the most money on your property will allow you to reap a substantial profit that could otherwise be spent on purchasing a larger home or putting it away in the bank for a rainy day. In this guide, we’re going to look at a few key ways that you can increase the value of your home.
1. Updating the bathroom
One of the main factors that viewers look for on the property hunt is fresh and modern bathrooms that are hygienic-looking and feature all the key amenities. If it has been several years since you had your bathroom replaced, now might be the right time to think about a renovation to entice potential buyers to book a viewing of your home, as well as adding to the value. There are many different styles of bathrooms to consider; therefore, it would be worth carrying out a bit of research to find out the current trends on websites such as beautifulbathroom.net.
2. Deal with structural issues
Structural issues can become a real problem when putting your home on the market as they will not only off-put buyers but can also seriously dent the value of your home. With this in mind, it would be in your best interests to solve structural damage prior to putting the property on the market, despite the expensive outlay. Some of the most common structural issues to be aware of include:
- A sagging roof
- Bowing walls
- Damp and mold
- Insect infestation
- Subsidence
- A damaged roof
3. New windows
One of the most overlooked projects for upgrading a property is to install double-glazed windows to the property, as they are designed to keep the noise out and the warmth in, however, you need to be considerate to choose windows that match the style of the house. If it is a period property, you could end up devaluing your property with modern fittings. To bear in mind that for properties with a higher value, the appearance of your windows and doors becomes much more of an issue, therefore, it would be best to carry out research or seek the advice of a professional if you’re unsure what to choose.
4. Give the kitchen a makeover
For many viewers, the kitchen is one of the focal points on the house search as is often deemed to be the most important room. If the kitchen does not meet their expectations, they may make the instant decision that the property is not suited to their needs.
As a result, 65% of homeowners decide to either refurbish or replace their kitchen before putting their home on the market which not only attracts more viewers but also boosts the resale price.