Are you looking for the top tips to increase property value?
Owning a property is more than just having a roof over your head; it’s an investment that can significantly appreciate over time if managed correctly.
As house prices in the UK struggle to rise, ensuring that your property is in the best possible condition before putting it on the market can make a significant difference in its worth.
We’ve curated a list of top tips to help you boost the value of your property, whether you’re a seasoned homeowner or a budding real estate enthusiast.
So, let’s dive in!
1. Enhance Your Curb Appeal to Increase Property Value
First impressions are crucial. Before anyone even steps foot inside, they will judge your home based on its exterior.
Consider landscaping to add greenery and colour to your front yard.
Think of plants that require minimal maintenance but offer maximum impact.
Tip: A freshly painted front door, fesh fences, or updated lighting can make a world of difference!
2. Update the Kitchen to Increase Property Value
Often referred to as the heart of the home, the kitchen can significantly impact your property’s overall value.
Small changes like new cabinet handles or a new coat of paint can work wonders.
If you have a larger budget, consider upgrading your countertops or investing in energy-efficient appliances.
A modern kitchen will really stand out to buyers and can go a long way to adding some extra value to your property.
3. Bathroom Renovations
Next to the kitchen, the bathroom is another vital space that potential buyers or renters evaluate.
Installing a new mirror, replacing old tiles, or adding efficient fixtures can elevate the look and feel of your bathroom.
4. Boost Energy Efficiency to Increase Property Value
In today’s environmentally-conscious world, an energy-efficient home is a huge selling point.
You should consider installing double-glazed windows, LED lighting, or solar panels.
All of these will make your property stand out and will help potential buyers save on monthly utility bills.
Features like these really appeal as they offer potential savings.
5. Add More Space to Increase Property Value
Whether it’s renovating a basement, adding a room, or creating a patio space, increasing the livable square footage can undoubtedly increase your home’s worth.
However, ensure that any additions match the original architecture to maintain a cohesive look.
You will also need planning permission for any additions to your house.
Whilst this may be an expensive option, it will undoubtedly add value to your home.
Swap out old carpeting for hardwood floors or vice versa, depending on what is in demand.
This can be an excellent way to revamp your space and increase value.
You can get creative with this one and look into more popular flooring options like luxury vinyl.
New flooring can completely change the feel of a property and can make the space feel much more modern.
7. Modernise Systems
Ensure your home’s electrical, plumbing, and heating/cooling systems are up to date.
Modern systems not only provide more efficiency but are also more appealing to potential buyers.
Installing these modern systems will help you in the short term and add value to your home, a win-win!
8. Paint & Decorate
A fresh coat of paint can transform any room in your home.
We would recommend that you opt for neutral colours like greys, whites, or tans, as they appeal to the broadest audience.
You may even choose to incorporate some decorative items to enhance the overall aesthetic of your home.
9. Technology Integration
With the rise of smart homes, incorporating technologies like security systems, smart thermostats, and other gadgets can increase your home’s value.
Whilst these won’t come cheap, they will add some value to your home in the long run.
These items will also really stand out to potential buyers and could be the difference between your home and another.
10. Declutter to Increase Property Value
Getting rid of unneeded stuff can have a significant impact on the value of your home. According to research, a cluttered home can reduce the value of your home by an average of £9,290.
Decluttering your home is a free way to keep and improve property value.
You may even want to sell some of your unwanted goods to gain some money back!
11. Deal with any Damp
Damp can be a difficult and costly problem to repair, depending on the amount of damage it has done. Damp treatments can cost between £2000 and £6000 and will really put buyers off.
The amount of damp that might devalue your home ranges from 10% to 53%, depending on how severe it is.
Given how significantly damp can influence the value of your property, it may be worthwhile to invest in the treatment before you sell.
You will likely make this money back in your property value.
12. Don’t Smoke Inside
If you smoke, you must ensure that you are not smoking in your property. Smoking indoors can have a significant influence on the value of your property.
Cigarette smoke can stain furniture, window frames, walls, and floors. It might also leave an aroma in the home that is difficult to remove.
These stains and persistent odours can deter potential buyers when the home is being viewed.
Need Help With Your House Move?
Improving your property’s value doesn’t always require massive renovations.
Sometimes, small, thoughtful upgrades can have a more significant impact than you might think.
Prioritise based on your budget, and don’t hesitate to seek advice from real estate professionals.
If you have sold your house for the right price and are currently looking for a reliable moving company to help you relocate, please contact Curtiss & Sons Portsmouth for a free moving quote.
Our fast 24-hour moving quote service is a quick and easy way to obtain your moving cost or call 023 9298 5830 today for more details.