How to Add Value to Your Home
Thinking of making your next move up the property ladder? From bathroom upgrades to a loft conversion, there are plenty of ways you can boost the value of your home. Here at Amber Mortgage Solutions we’ve put together our top 8 pieces of advice to help your home stand out from the rest.
Fix Any Structural Problems
Before making cosmetic improvements to your property, the first thing you’ll want to work on are any structural problems in need of attention. Anything from a leaking roof to areas of damp, broken roof tiles to cracks in the walls – these are examples of the types of issues you’ll want to fix first. These particular problems can be pricey, but it’s essential you resolve them if you want to maximise the value of your home.
Only once these bigger structural concerns have been dealt with should you see to any minor structural issues around your property. Dripping taps to shabby plaster work, these things can be easily resolved and may make all the difference to how buyers view your home.
Consider Changing the Windows
Double glazed windows are more secure, energy efficient and easier to maintain, so consider having them installed, if you haven’t already. It’s also important that your windows suit the style and age of your property. However, if they already do – it’s fine to leave them as they are.
Concentrate on the Kitchen
If there’s one room you’re going to invest in, make it the kitchen. The kitchen is the hub of the home and one of the most important rooms to potential buyers when choosing where to live.
An attractive and clean looking kitchen with good work surfaces and modern amenities is always going to prove popular with valuation surveyors and buyers alike. Other important aspects to consider for the kitchen include maintainable flooring, good lighting and plenty of storage space.
…And Next, the Bathroom
After the kitchen, the bathroom is arguably the second-most important room when it comes to a property’s value and potential in the eyes of buyers. However, getting your bathroom up to scratch doesn’t have to be overly complicated or expensive. Keep things simple. Think about ways to modernise and clean up your bathroom’s amenities. From fitting a new shower head or shower door/screen, to installing a heated towel rail or new tap heads, there are plenty of ways to update this room at little cost.
As long as everything is sound structurally – no cracks, mould or shoddy plastering, there really isn’t much you can do with your bedrooms. Bedroom décor is personal to the individual and chances are, your buyer will redecorate these rooms anyway. So other than keeping them clean and tidy for viewings, leave them be.
Opt for a Loft Conversion
An extension of any kind is going to add value to the price of your property. However, compared with adding a conservatory or installing a basement conversion, a loft conversion is going to be the easiest way to add space and value to your home, causing the least amount of disruption and cost. After all, a loft conversion can create an extra bedroom and bathroom for around £20,000 and add up to £40,000 to the value of your home.
The most important thing to remember when opting for a loft conversion is that there is easy access into the loft and that the conversion blends in well with the current style and structure of the house. A conversion doesn’t have the same impact when it appears grafted on.
Don’t Forget Planning Permission
Thinking of extending your home? Or of opening up a room by knocking down a wall? Having the correct planning permission is a sure fire way of increasing the value of your home and any extensions you may have added. With planning permission, you help to eradicate any doubt in buyers’ minds, potentially helping to speed up the sale.
Refurbish the Front of the House
Does your home have kerb appeal? First impressions count for a lot when trying to sell your property and to get buyers through your front door, you’ll want your property’s exterior and any front garden looking its absolute best. Unblock any gutters, clean windows and consider a lick of fresh paint for the exterior of your home. If you live in the countryside, then a well-maintained front garden with plants will be well appreciated. However, if you live in a busy urban area where parking is sparse, consider concreting your front garden to create a parking space – not forgetting to secure that all-important planning permission first.
How are you planning on adding to the value of your home? Tweet us your ideas or questions at @AmberMortgage_