This year might be the year that you’re thinking about putting your home on the market. If so it might be time to give both your interior and exterior a number of upgrades that will undoubtedly add value to the overall cost of your property. Don’t worry; this doesn’t mean that you’ll be spending a lot of money; there are plenty of things you can do to boost the price of your property with money in your piggy bank.
Refresh your windows
You might not want to spend money on new windows on your property if you’re thinking of selling. However, first impressions matter and that is why making sure your windows are double glazed and kept up with maintenance might do wonders when trying to sell your home. This will build interest from new buyers to your property but also increase the overall property price.
Enhance your home’s character
Following on from the previous tip. Adding practical features such as extra sockets, working door locks, and more storage space can be cheap for you but a real selling point for buyers. Make use of every bit of space that you can find, whether that be under the stairs, in the loft or garage or in empty alcoves, to build shelves or create cupboards. Storage space still tends to be at the top of the list for the majority of homebuyers.
Depending on the age of your home, period features can add a wow factor. If you live in a Victorian-era house, for example, it’s usually worthwhile restoring existing fireplaces, skirting boards and picture rails. Buyers tend to pay a lot more for homes with this sort of character.
Increase living space with a conservatory
If you want to feel closer to nature, a fully glazed conservatory will merge indoors with outdoors. To get started, think how you want to use the space and whether a modern or traditional style will be best for your home and lifestyle.
Spruce up your garden
Studies have shown that litter outside of a home can decrease its value by 12%. When you consider how little work it takes to get rid of overflowing bins, stray wrappers and cigarette butts from outside your home, this is a huge amount. At the same time, weeding, mowing the lawn and adding some colourful potted plants require very little effort (and money) and can add up to 20% to the value of your property.
Further exterior home improvements might include replacing your front door, repointing brickwork, repairing broken cladding, adding a modern-looking house number or even replacing your windows. If double glazing windows aren’t something that you have, this is an improvement that you should seriously consider.
Keep it clean and get rid of the clutter
Much like removing the clutter from outside your home, making sure that you have clean and tidy interiors is another sure fire way to add some property value. No prospective homebuyer wants to see dust, cobwebs, and grime in your home as these will do nothing but suggest that the home isn’t well cared for. This is by far the easiest and cheapest thing to do, and it can certainly make a difference between you getting an offer and the potential buyer walking away.
When you’re decluttering do so with a minimalist approach in mind. Store away personal photographs and trinkets and aim to create a sense of space that homebuyers will be able to picture as their own.
Update the flooring
Certain flooring can make your home appear incredibly dated and can even knock thousands of pounds off your asking price. Investing in a good carpet, well-fitted laminate flooring or even real hardwood floors at the cost of around £400-£600 could potentially increase the value of your home by £1,300.
Remember, you’ll want to opt for flooring that will suit not only your home’s interior design but the age of your home too. For example, vinyl flooring might not be the best match for your newly restored period fireplace.