If you would like to sell in a tricky market, then this article is here to help you out. The tips in this article will help you increase the value of your property and help you attract potential buyers. From minor improvements to large extensions, here are tips for increasing the value of your home:
Find Out as Much as You Can About Your Target Market
When you want to sell your home, research your target market before doing anything else. Doing so will help you avoid wasting your time and effort on things that will not increase the value of your home.
Doing research on the internet will help you know the type of buyer that would like to buy your property such as a retirement or young family opportunity. Knowing what your potential buyers are looking for will help you know the alterations you need to make to attract potential buyers.
Make Your Home’s Exterior More Attractive
First impressions are lasting impressions. Therefore, it is good to ensure that your home’s exterior is attractive to increase the value of your home. You can accomplish this by trimming hedges and grass, cleaning windows, clearing gutters and so on.
The appearance of a property from the road is usually known as kerb appeal and is among the most important things to focus on if you want to increase the value of your home. If you would like to improve your home’s kerb appeal, it may be good to consider bold, coloured statement doors.
Country Living has found that 2018 was the year of bold, coloured statement doors with purple regarded as the most popular colour. Find out how other sellers in your local area prepare their homes for sale to get tips on how to prepare yours.
Remember the Hallway
Majority of the homeowners make a mistake of forgetting their hallways when selling their homes. While hallways are often narrow, cramped spaces for coats, shoes and general junk, they are the first spaces potential buyers see when they enter a house. This has made hallways hold more importance when it comes to selling a property.
It is a good idea to have your hallway painted a pale colour as this will maximise the light. Also, consider putting up a mirror to make your hallway appear larger. To limit the amount of visible clutter, put coats and shoes in discreet storage places.
Consider Loft Conversions
Converting a loft is among the easiest ways to add square footage to a property. However, it is good to consult an architect or surveyor before converting a loft as these professionals know all about the required building regulations and also know how to do loft conversions in the best way possible.
Research has shown that a loft conversion can increase the value of a property by 12.5%. Adding an en suite bathroom to this can help you create a secluded master bedroom which can add more value than the cost of completing a conversion.
Convert Wasted Assets Into Selling Points
If you have a spare room that has a lot of junk, a garage that you never use or an unnecessary well, convert them into selling points. You could transform that cluttered spare room into a study or snug. Turn your unused garage into a workshop or home office and knock down that unnecessary wall to create more space. All these tasks, if presented suitably in floor plans for estate agents, are not only inexpensive but can increase the value of your home.
Renovate Your Kitchens and Bathrooms
The National Association for Estate Agents recommends renovating your kitchen in case your budget can only renovate one room. This is because of the fact that the kitchen is a key area that a potential buyer will look closely at. Can’t afford to upgrade your tired-looking kitchen? If so, replace or paint cabinet doors or its handles.
Also, declutter the worktops and ensure that it is very clean and neat. This also applies to bathrooms. If you are not going to change any fixtures in your bathroom, consider replacing old taps with new ones, buy new towels and extras to add some colour or freshen up the grout.
Are you looking for further inspiration? If the answer is a big yes, look for home renovation programmers offered by property experts like Kirstie Allsopp and Phil Spencer. These experts offer advice that will help you a lot when selling your home. Your local estate agent can value your property and then give you tips for increasing the value of your home. For a fresh perspective on your home, consider contacting an architect.