How to add value to your property07/09/16
A property purchase is one of the best investments you can make, so it makes sense that you want to see it go up in value.
When thinking about how you can add value to your property you generally want to utilise what you already have. After all, any additions that prove to be too costly might not bring you much of a return when you sell.
Here are some ways that you can add value to your property without breaking the bank!
1. Make the most of your garden
83% of people who looked to buy with us in 2015 viewed outdoor space as essential. Even if your garden isn't the biggest you should still make the most of the space you have. Why not think about adding some decking or a patio to help turn your garden into a great entertaining space. Summer houses and garden sheds are also welcomed additions as additional storage spaces.
2. Add a parking space
93% of people who looked to buy with us in 2015 viewed a parking space as essential. If your property doesn't already have parking but does have a front garden, why not consider paving this over to make a drive.
3. Kitchen renovations
If there is only one room that you want to concentrate your efforts on improving it should be the kitchen. The kitchen is the heart of the home. It's the space where your buyers will entertain and spend time cooking. So give them a space that they can truly enjoy and be proud to show off to their friends.
4. Bathroom renovations
After the kitchen, the bathroom should be next on your list for renovations, especially if it is starting to look dated. A fresh white suite always looks clean and appealing. Throw in some additional mod cons and you are sure to impress future buyers!
5. Fix existing problems
Before you put your house on the market, it is vital that you fix any underlying problems that could effect your properties value. Generally, people are pleased to know that the house they are buying doesn't need any major expensive work. However, if they clock on that work may be needed, they may use this as a way to knock money off the asking price.
If you have the money and are willing to live through the building work then why not add an extra room to your property. A loft extension can provide a great additional bedroom that your property has been lacking. Alternatively, your property may be lacking reception rooms. Why not think about converting your garage or adding a conservatory to provide that extra entertaining room.