How to add value to your property

How to add value to your property – words Alexa Wang

If your property is on the market or you just want to make your home more valuable, there are various fixes and tweaks you can make.

The current average price of a UK property is £209,054, but with some savvy spending, you can quickly boost your asking price, or make a serious return on your investment. We’ve rounded up six of best ways of how to add value to your property.

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Apply for planning permission

Even if you don’t want to make big changes to your property, obtaining permission for an extension or development can be a great way to boost your property’s value. Not only is it cheap and simple to apply for permission, but it can open the minds of potential buyers to development opportunities as they’ll be able to see that they can add value to the property if they buy it.

Permission for things such as loft conversions or two-storey extensions are the most popular choices but spend some time identifying areas of development and apply for the appropriate planning. Also, bear in mind that some construction jobs, such as building conservatories, no longer need permission under ‘Permitted Development’, so choose development opportunities wisely.

Make simple home improvement fixes

If you have lived in your property for a while, you probably have a list of things you’d like to tweak. Instead of leaving these jobs to new owners, spend time making simple fixes. Repairing loose tiles, squeaky doors, peeling wallpaper and dripping taps is a cost-effective way of adding instant value.

Invest in an extension

Building an extension onto your home can be a great investment opportunity. According to USwitch, a £20,000 investment could add as much as £50,000 to the value of your property, so it makes sense to extend if the funds are available. By working with a reputable firm such as the Buckinghamshire window and conservatory company and choosing a high-quality extension such as an orangery or conservatory, you can add space and value without effort.

Give your kitchen a facelift

Kitchens are the most important rooms in our homes – we cook, entertain and unwind in them, and therefore they are a big selling feature. If your kitchen is looking tired, you could refit your kitchen or make some affordable tweaks; research by HSBC found that a new kitchen could add at least £5,000 to the value of your property, so it’s a quick-fix way to generate a return on your investment.

Add a Bathroom or En-Suite

Typically, moving a downstairs bathroom upstairs can add instant value to your home, but you can run the risk of losing a bedroom. By making smart investment choices, such as adding an en-suite to the master bedroom, you can make potential buyers more likely to choose your home. Contractors like http://arranconstructionlimited.co.uk/ can help you when it comes to implementing changes to your home like adding a new bathroom. This can help take away a lot of the stress when renovating your home.

Enhance your kerb appeal

When potential buyers come to look at your home, the first thing they will see is your exterior. You can quickly add value and appeal to your home by giving your front a simple paint job, adding some new scrubs and bushes into your garden and ensuring everything looks smart and tidy.

How to add value to your property – words Alexa Wang

How to add value to your property

 

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