25 April, 2024

Tips to add value to your home in a cost effective way

As 2022 gets underway, the real estate market is still rising. A lot of us have moved or plan to sell our current homes. Therefore, there is no better time than now to consider what features and improvements will raise both the long-term and short-term worth of your property. Using a free property valuation service is the best approach to determine the precise value of your home. The preparation process for selling a property can be intimidating for many individuals. It is a myth that you must spend thousands of pounds on repairs in order to attract buyers to your house, but this isn’t always the case. Experts, including estate agents Hereford, suggest several cost effective ways to bring up the value of your home. 

Spend less and do more

Painting, fixing doorknobs that are broken or cracked, and changing carpets are examples of inexpensive, novice-level DIY projects. Additionally, simple tasks like cleaning and organising clutter cost very little money and immediately enhance the aesthetic of your home. Customers are more likely to see themselves in a space if it looks like each room has been precisely created for its intended usage. Did you aware that unpleasant smells are one of the main factors that deter potential buyers? This is easily fixed by performing a thorough cleaning and lighting fresh flowers or candles.

Kitchen and bathroom

A spotless kitchen and bathroom are crucial for attracting buyers, regardless of how the rest of the house looks. A kitchen renovation can raise your home’s value by at least 5%. Even if you don’t have the money for a full redesign, you can still update the look of these rooms by removing dated cabinets and wiping down visible surfaces. The bathroom’s outdated shower curtain might use some replacement.

Add beauty to your exteriors

Kerb appeal is just as important as the interior because many buyers base their first impression of a house on how it looks on the outside. Your home can be made much more welcoming to guests when they first enter by cleaning the exterior areas, such as mowing the lawn and cutting overgrown bushes, adding outdoor lighting, and repainting the exterior walls.

Get planning permission

A less expensive alternative to building an addition or undertaking other significant improvements is to acquire planning approval. Depending on the location of the property, when permission was granted, how much time is left on it, the extent of the modifications permitted by the licence, and the cost of the application, it can increase the value of the property by up to 10%.

Go Neutral

One of the best methods to help buyers picture themselves in the house is to provide the impression of more room. You may reach a wider audience while making the most of your home’s potential without being overpowering by using neutral colours, simple furnishings, and storing personal artefacts like family photos during viewings.

Setting up a workspace

In 2022, having a dedicated home office space will continue to be in high demand among homeowners as the majority of businesses implement hybrid and work-from-home methods. Only one-third of garage owners actually store their car there. In order to make better use of your space and raise the value of your home, consider remodelling your garage or even a spare bedroom into an office.

Installation of double glazing and solar panels

Double or triple glazing is gradually turning into a requirement for purchasers. It decreases noise, which is a desirable quality in densely populated areas, as well as saving money on bills and increasing the value of your home. With a 10% increase in home value, double glazing typically costs £4,500 for eight windows and two uPVC doors.

Eco-friendly home designs are becoming more and more trendy right now. Your home will be worth more after installing solar panels and other eco-friendly improvements. Through its green grant programme, the government will gladly help you with the cost of thermal solar panels if you move soon. For three water or electric solar panels, installation expenses range from £3,000 to £5,000. Once you’ve crossed these things off your list, you should be prepared to sell your house for the best price!


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