Renovating your home? Five ideas to add real value

Thinking of putting your home up for sale? Even though the market is booming at the moment, it’s incredibly competitive for buyers as well as sellers, with many estate agents now running block viewings on properties such is demand. We’ve listed a few tried and true measures to ensure your house leaps out at potential buyers.

Although you might be cautious about installing a new bathroom or extending your dining room, you could get that cash back from the increased price your house would command. And for many of the smaller facelift projects, such as replacing a window with patio doors, you can check out builders’ yards and for bargains that’ll boost your asking price.

 1. In the kitchen

Perhaps the one room that could make or break a sale on its own, the kitchen is the hub of any home and the place that’ll leave the biggest first impression on a house-buyer. Above all it should be clean. Look to replace worn-out cupboard doors, drawers and handles, and install new worktops – granite will really stand out. New flooring will lift a lived-in kitchen immeasurably, too.

If you are looking for a complete refit, you ought to bear in mind that you’ll rarely add more than the value of the new kitchen to your house’s price, as this Independent article points out. However, what it will do is dramatically improve your chances of selling.

2. A second bathroom

According to Your Move, adding a second bathroom to your home could increase its value by as much as five per cent. If you have a higher budget, think about adding a pair of sinks and a spacious, standalone shower unit as well as ample storage for towels and toiletries. Heated flooring and an eco-friendly, water-saving toilet will also appeal.

Don’t sacrifice a smaller bedroom for a new bathroom as that could decrease the value of your home. If you’re keeping the purse strings tight, then look at smaller jobs such as re-grouting tiles to brighten up your bathroom – and if you can stretch to it, replace a coloured bathroom suite with one in timeless, pristine white.

3. Space out back

Many people move house because they want a garden, especially in cities where a bit of personal green space is at a premium. Therefore, your garden may well be one of the first things a potential buyer looks at, so making sure it is trim and tidy is a must.

Remove battered old sheds and dig up worn-out concrete paths. Features such as ponds and play areas that have seen better days could also be cleared away to open up the space in your garden and improve sightlines.  

4. Refresh and revitalise

Tatty garage door? Threadbare carpets? Dim living room? A weekend spent fixing these issues could transform your house into a hotly contested sale. Use bright whites and warm colours to lift your home, and carpets in light shades to make rooms seem larger. Get rid of those rusting old engine parts from the garage and de-clutter the house to help it be seen in its best possible light.

5. Planning permission

Even if you’re not actually going to build anything, pushing through permission to extend doesn’t cost the earth and will alert house hunters to the potential for growth. A house that will expand and evolve with a buyer may make it that bit more attractive.

Posted by on Apr 28 2014. Filed under Blog. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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