You’ve decided to sell, but how do you get the best price for your property? Is it worth making repairs and home improvements to attract more buyers and boost the sale price?
Major projects such as adding a conservatory or converting loft space into an additional bedroom can increase the value of your home by as much as five to ten per cent. But don’t discount the small changes that can make your home more saleable and add value. Our team of experts have put together a list of tips on how to add value to your home.
Improvements That Add Value to Your Home
Redecorating is a relatively quick win as it does not require high levels of expertise or a huge budget, yet it can transform a tired, dingy space into a bright and appealing one. It’s important that potential buyers can envision themselves living in your home and a well-presented house will encourage viewers to do this. Tatty or outdated decor can give the impression of a poorly maintained, uncared-for home, which may be off-putting. Equally, highly personalised decor could prevent someone from being able to envision themselves in the property.
Clean dirty walls re-paint chipped or peeling paint and replace bold prints with gentle shades to spruce up your home and create a neutral feel. These steps may not be a deal-breaker, nor add thousands to the sale price, but they will help to make your property more attractive to potential buyers.
Make Minor Repairs
If your home has any superficial defects such as dripping taps or broken curtain rails, these can be quickly and easily fixed on a budget. A home in good condition is more appealing to buyers — if you’ve loved and cared for it, it must be a special place to live.
Other repairs include fixing creaking floorboards, removing limescale buildup and replacing broken light bulbs.
Give the Garden a Makeover
Many homeowners forget about their garden when it comes to adding value to their home. Depending on the type of house and the target buyer, the garden may be one of the most important “rooms” and can add considerable value to your property. For families, pet owners, keen gardeners or any buyer who loves being outdoors, problems with the garden can be a deal-breaker.
There is little you can do about a small or oddly shaped garden, but it’s worth taking the time to tidy up a scruffy lawn, repaint tired-looking fencing or add a few brightly coloured plants to empty flower beds. If you have a front garden, this is a great way to add “curb appeal” to your home and entice prospective buyers before they even step through the door. Consider the type of people that are likely to buy your house — families, young professionals, retired couples — and create a space that will appeal to them.
Create an Extra Bedroom
If you have the time and funds to take on a bigger project, creating an extra bedroom is a great way to add value to a property. A loft conversion is one of the most popular ways to add space and it can increase the value of your home by as much as 20%. The amount of value added will depend on the size and purpose of the space. Creating a double bedroom with a bathroom will provide the best return on investment.
This is not a cheap or quick job. Loft conversions typically cost between £15,000 and £55,000 in the UK. Plan your extra room with care, as a conversion that adds space in one area only to remove it from another — by adding a staircase to an existing bedroom to access the loft, for example — will not add as much value.
Add an Extension
Increasing the square footage of a property is a sure-fire way to add value. Extending to create a larger kitchen is a popular choice, but it’s not the only one. An extension is also a great way to add a separate dining area or home office.
Since the coronavirus pandemic forced many people to work remotely for the first time, home office space has become increasingly sought-after by buyers and it can add value to a property. An alternative to extending a property is to convert the basement or build a garden studio that can be used as an office.
Sell Your Home Fast without Making Improvements
If all this sounds like too much work, time and money, don’t despair. You can sell your home for a fair price, fast, without making lots of repairs and improvements.
House Buyer Bureau buys all types of property in any condition and location. We will make you an honest and fair cash offer, and all we need is a little information about your property. If you’re in a hurry, we can arrange completion in as little as seven days. Save yourself the stress and hassle of upgrading your home to sell it.