Whether you are looking to sell your property in the near future and want to try and increase the asking price, or you have some time on your hands to do some home improvements, here are some of the top ways that you can add value to your property:
Resolve small defects
When people come to view your home, if they see issues, even if they are small ones, it can put them off the property. Basic repairs like fixing loose tiles, replacing missing kitchen cupboard handles, and similar small DIY jobs will have a significant impact on whether a buyer will put an offer in for your property. In some cases, a potential buyer will put in a lower offer than the asking price due to the work that needs to be done; so it is better to take care of these before putting the property up for sale.
Issues like damaged walls and dripping taps can be easily fixed to increase the offer values for your home. Mouldy seals in the bathroom are also an area that you should deal with, either finding a good mould-removing solution, or if there is significant damage, it is better to take the sealant out and replace the grouting; which is a fairly quick and easy fix that won’t cost much but makes a big difference.
Decorating (only if the rooms need it!)
Spending a lot of money on redecorating a home that you are going to sell is not always a good idea, as many buyers will want to decorate themselves. However, if there are issues like peeling paint, torn wallpaper or damaged fixtures, then it is always a good idea to redecorate, even if it is a simple paint job using neutral colors.
When you are redecorating, make sure that you don’t choose colors or patterns that might not be to the majority of peoples’ tastes, as unusual decor can put people off a property when they view it, so neutral is always the best way to go with decorating with the purpose of selling in mind.
Replacing old windows and doors
Having your windows and doors replaced can be expensive but the work will add to the value of the property, these primary features improve the face-value quality of any building. As well as the obvious aesthetic issues dated frames present, old wood also causes problems such as losing heat, therefore, the property will likely have higher energy bills.
Older doors and windows can also be security concerns, so if these need replacing, it is better to get it done sooner rather than later. If you are not looking at selling your property for a while, you could consider getting a remortgage quote from an online mortgage broker like Trussle, and use their mortgage calculator to find the best deal. Home improvements that add value to your property are one of the key reasons that people apply to remortgage, so it is worthwhile getting some free advice on this option.
If your kitchen is fairly old but doesn’t necessarily require replacing, a good way to add value to the property is to freshen up parts of the space to give the impression that it is newer than it actually is. Repainting or replacing cupboard fronts, replacing handles with more modern designs, and tiling part of a feature wall can all modernize your kitchen without having to pay to completely revamp the room.
Even just replacing the worktops can transform the kitchen at a relatively low cost. If your kitchen worktop area is quite small then you could be surprised at how cheap an update that will be, whilst still having a big impact on the overall appearance of the space.
These are just a few ideas that will help to add value to your property, but you could also consider bigger jobs like getting an extension, adding a conservatory, or even converting a loft or a garage to add an extra bedroom to the property. However, if you are just looking for some low cost, quick fixes to improve the appearance of your home, and increase its value if you do decide to sell it, then these ideas will hopefully provide you with some inspiration.