How to Add Value to Your Property
Whether you’re looking to move house or are interested in boosting the value of your home to give you a more stable financial future, this guide will give you some helpful hints on how to add value to your property. Your home is one of the biggest investments you’ll ever make in life and a significant asset, so you should be doing everything in your power to maintain and improve it. The good news is that it doesn’t have to be an expensive ordeal to add value to your property, providing you make the right choices. Take a look at some of the best tips for adding value to your property:
Revamp the kitchen
The kitchen is one of the most desirable rooms in the home. When potential buyers inspect the property during a viewing, they are often heavily influenced by the size, layout, and condition of the kitchen as one of the main living spaces of the property.
If your kitchen isn’t up to scratch, there’s a high likelihood they won’t put an offer in. You may not have the budget to invest in a whole new kitchen, but there are many clever ways you can give it a much-needed spruce up, such as changing the cupboards or worksurfaces or simply giving it a lick of paint to achieve a modern finish. According to specialists, an attractive kitchen could add 4% more to your home’s value.
Fix the roof
If your roof has suffered wear and tear in recent years, it would certainly be worthwhile hiring roofing contractors to carry out repairs or full replacement. Roof damage can be caused by pests, damp or extreme weather, and a home inspection report will emphasize these flaws and force you to significantly reduce the asking price of your home to help the buyer cover the repair costs.
Fix trivial issues
After living in a property for a long period, you may not take much notice of some of the small problems and defects within your home that could put off the buyer. Even the slightest faults could give the impression that the home has been neglected and could, unfortunately, force you to knock the price of your property down. These factors will also show up in the surveyor’s report, so it’s best to resolve them as soon as possible. Some of the key signs to look out for which should be repaired include:
- Peeling paint
- Broken tiles
- Leaking taps
- Mold build-up in the kitchen and bathrooms
- Structural wall damage
- Insect infestation
Nowadays, people are looking to cut costs on their energy bills to give them more disposable income to enjoy life. Therefore, one of the best home improvements you can make is the installation of solar panels. Now that the effects of global warming have been widely publicized, homeowners are now looking to reduce their carbon footprint by reducing their energy usage. As a result, they’ll pay more for a property with solar panels to help them do so, as well as being able to slash their bills in half to achieve cheaper living.