There are many ways to add value to your home and boost its overall appeal. Whether that’s building an extension, adding a spare bedroom or simply giving the place a fresh lick of paint, we’ll be discussing some of the best changes you can make to your home to help you make a profit.
1. Home improvements
Whilst home improvements are typically larger projects, you’ll certainly reap the rewards if you have the time and money to do so. Adding some extra rooms or features to the house can certainly help to hike up its value.
A loft conversion is a great investment due to the added space and versatility. It can be used as a spare bedroom or a home office and can potentially add a whopping 21% to the price of your property.
Alternatively, you could add some extra features to your home, such as bi-folding doors in the kitchen. They’re beautifully modern and are a superb way of bringing in some extra natural light to the house.
If you are wanting to undergo some renovations but you don’t have the money to do so, you could consider using equity release to fund the improvements and make your money back over time.
Redecorating is an incredibly popular home improvement method, simply because it doesn’t break the bank or take up as much time as larger renovation projects.
Using neutral colors will help attract potential buyers, as they have a fresh canvas to work with. They’re also very on-trend and can give your home a clean and crisp look, ready for its new owner.
3. Heating and lighting
Be prepared to be asked questions about your heating and lighting systems – potential buyers may want a demonstration that everything works as it should.
Good lighting can work wonders – no one wants to be living in a dull and dingy home. Check all the lightbulbs and ensure they are bright enough to make your home look inviting.
It’s worth checking your boiler and radiators and consider getting them replaced if they are outdated.
4. Structural changes
Structural issues will have a significant impact on the value of your house, so ensure to check for any structural damage and repair if necessary.
These need to be a priority – you don’t want to be installing a new kitchen or conservatory without checking for structural damage first.