Add Extra Value To Your Property With These Tips
Tips on adding value to your home
Tips on how to add value to your Home
Spending money on your home does not always add value to your home, so never spend more on improvements than your house is actually worth.
Check out the average house prices in your area first. If houses in the same area are selling for slightly more then see what improvements they made that you haven't.
1. A new Kitchen can add 5 to 10 percent to the value of your home.
We already had nice cupboards and worktops in our Kitchen so we just bought a new stainless steel sink and some funky modern mixer taps.
We then replaced all the cupboard handles with some modern chrome ones, and buffed all the worktops up.
We also gave the Kitchen a fresh coat of paint, and some new spot lights. All this automatically changed the look of our kitchen without the heavy price tag.
2. A loft conversion can add 5 to 20 percent. The average cost of a dormer loft is £23,000 at the least.
This can add up to £100,000 to the value on your property. There are always good and bad with loft conversions, so if you're thinking of doing this then remember the three key factors.
Circulation, Space and Headroom. Also you need to get advice before going ahead as the conversion could meet building and fire regulations.
3. It is hard to say how much decorating can add to the value of your home, but it could mean the difference between a sale and no sale.
The décor of your house is what can attract potential buyers. It is amazing how different a home looks with a lick of paint and a new carpet.
It is good to remember that not everyone will share your taste in décor, so it is best to stick to natural colours (white, beige, stone etc.) to make your home appealing to others.
4. Off road parking is always a popular choice with buyers. This can add up to 10 per cent to your home value.
It is not always possible to create off road parking to your property, but you can ask your local council for planning permission, to lower the curb on the pavement outside your property.
This will incorporate the space into your property, making it more attractive to potential buyers. This will cost between one to three thousand pounds.
5. An En suite Bathroom can add up to 5 per cent to your property value, but don't do it at the expense of a double bedroom, as this could actually loose you value.
Renewing your bathroom suite can also add value to your property, and make it more saleable.
Be careful, as you may only recoup 25% of your costs, I know when we were thinking of getting a new bathroom suite, the main cost was for the plumber to fit it all.
We ended up buying a new bath panel, and some modern taps for the bath and sink.
We also purchased new steel plugs, a glass shower door and a new toilet seat and steel cistern flush.
This updated the whole bathroom just as good as a brand new suite would off and without the hefty plumber bill.
6. An extension can add 10 to 50 per cent. Adding a single storey extension can cost anything from £30,000, while two storeys can cost anything from £40,000.
When planning an extension, try to make the rooms as big as possible.
Remember not to sacrifice too much garden though, as this can put potential buyers off and also make your property feel out of balance.
7. A conservatory can add 4 to 5 per cent to your property value. Again make sure you don't sacrifice your garden.
Chose a design that complements the style of your house, you also need to think about it's position.
South facing conservatory's needs shade and ventilation, while a north facing one needs good heating.
8. An extra toilet can add up to 5 per cent to your property value.
This is can sometimes be an important factor with potential buyers, especially those with children. You would be amazed at how easily most houses can fit in a extra toilet, without having all the fuss of a extension or knocking down walls.
If you have a lot of space doing nothing in another room, or a large cupboard, then this could be an easy way to add a small toilet.
9. A tidy and well kept Garden, can add up to 2 per cent to your property.
Keeping your garden well maintained and attractive, will make your house look prettier and more importantly attract potential buyers.
10. Eco friendly houses can be worth 6 per cent more than standard one's.
By adding insulation and fitting solar panel heating, will save money on energy bills.
Also by laying thick loft insulation, reduces your heating bills by £210 to £250 per year.
A solar water heater which can provide up to 70 per cent of your hot water free, will cost from £1500. Government grants are available to help you make Eco changes.
It is worth looking in to.
Tips On Selling Your Home
While selling our home and buying a new one, we learnt a few little tips along the way which I thought I would share with you.
1. When you know a viewer is coming to see your home, clear all your personal items away. Especially things like photographs, memorabilia etc.
When a potential buyer is looking around your home, they need to be able to imagine themselves living there. Seeing family photos everywhere will only remind them that it is your home, and they will find it harder to envision themselves living there.
2. Before your viewers are due to arrive make sure the house is clean. I don't just mean a quick hoover and polish.
I mean doors, skirting boards, windowsills. Viewing a clean house assures the viewer that the house is well cared for, and there will be less for them to do if and when they move in.
3. Make sure there is no lingering smells from pets or rubbish bins etc. Before viewers are due to come around, you could bake a cake or put on some fresh coffee. Both these are proven to make a house smell nice and homely.
4. Let the estate agent or a family member show potential buyers around your home.
When we was looking around houses, I felt uncomfortable being shown round by the owners. Firstly because I felt like we were intruding on their private space, almost snooping around their rooms if you like.
Secondly because me and my partner couldn't discuss what we really thought about each room with them there. I mean it would be quite rude if I had complained about the size of their bathroom, or voiced my opinion on the smell of dogs in their Kitchen.
It would have felt like a personal criticism to them. We certainly spent a lot longer viewing the houses with the estate agent, than the ones we viewed with the owners.
5. When you have viewers coming around make sure your car is not parked directly outside.
If you only have a driveway big enough for one car, there is nothing worse than your viewers having to drive around finding somewhere to park. This will automatically put them in a bad mood, and will probably be the first thing they remember about your house.
6. Make sure you leave the heating on while viewers are looking around your home. There is nothing worse than a cold house. Viewers will feel much happier, and more at home in a warm and cosy environment.
7. Remember the front of your house is the first impression, make sure the grass is freshly cut and there are no piles of rubbish bags etc. in sight. Maybe give your front door a lick of paint.
8. If you have a spare room that is used as a storage room, put the clutter away. Buy or borrow a cheap put me up bed, so viewers will see the room as a second bedroom and not as a storeroom.
9. A good trick for making a hallway look bigger is putting a big mirror either side of the walls. This makes the small space appear much bigger.
10. Remember to clean the outside of your windows as well as the inside. If you don't usually, it is worth paying a window cleaner to do a professional clean.
If you have carpets that could do with freshening up, then why not hire a carpet cleaner and give them a proper going over.
Off Road Parking
Up to 10 %
En Suite Bathroom
Up to 5 %
10 - 50 %
Up to 5 %
Upto 6 %
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