8 Ways to increase your home’s resale value!
Moving on up the property ladder is something we all dream of doing and we don’t realise that it can be a lot easier than we think! Whether you are looking to sell you first property or twenty first, the tips outlined in this post will be of use to you!
Before getting stuck in to our top tips, the first piece of advice is to plan your improvements. We have all heard the saying “failure to prepare is preparing to failure” – this is most definitely the case when looking to increase your homes resale value. Planning creates structure and gives you focus which will ultimately help you improve the resale value of your home!
1. Improve one room at a time
We can often get a bit too excited when it comes to sprucing up our homes but it is important not to try and do too much at once. Financially and mentally it makes more sense to tackle one room at a time as this allows you to go into great detail about the choices you are making and also means you don’t need vast amounts of money to get the ball rolling. Changes can be as simple as replacing tables, changing curtains or sprucing up decorations; every little helps and all of this will help increase the resale value of your home.
Something that is often overlooked is the cleanliness of a home’s carpets. Carpets can sometimes be the first thing that an estate agent will see and it is important to impress them. We know that not everyone will religiously clean their carpets but what is important is to make sure that prior to any viewings or estate agent visits you get your Carpets Professionally Cleaned. Doing this adds a new lease of life to unloved carpets and increases the longevity of them which simultaneously increases the resale value of your property
3. Upgrade your homes Kitchen
Kitchens are often described as the heart of the home and with good reasons. A kitchen can be a multipurpose room from preparing and cooking food to entertaining and socialising with friends and family. A kitchen is extremely important. It is recommended that your upgrade and modernise your kitchen once every 10 years as this ensures that your kitchen is up-to-date, stylish and ultimately increases the resale value of your home. One thing to remember is that replacing and upgrading an entire kitchen can take a lot of time and money so it is important to plan this in and make sure that you are able to fully complete the upgrade within a decent time frame.
4. Fix any superficial problems
For this, we recommend making small lists for every room in which you note down what could easily be improved in each room to improve the value of your home. Some examples of this include replacing the lights in a certain room, maybe restyling the curtains or quite simply changing the layout of the room to add space and a new purpose for the room. It is important to make sure that you are not noting down things simply because it is something you would prefer doing, try to think logically with a fresh pair of eyes. A good idea is to put yourself in the shoes of someone viewing your home, what would they pick up on and what can be done to ensure they are blown away by your home!
5. Improve your garden
Something that is often overlooked is the upkeep, maintenance and design of a homes garden. For long periods of the year gardens are sometimes unusable due to poor weather and cold conditions but that doesn’t mean you should neglect it. Ensuring grass is cut regularly, weeds are removed and decking is kept in good condition can improve your homes resale value drastically. If you want to take this a step further it is a great idea to hire a landscaper who can transform your garden and turn it into a great social space for warm summer evenings and family get togethers!
6. Tackle the curb appeal
We all know the importance of first impressions be that in social environments, work or someone viewing your home for the first time. It is important to do all that you can to make sure that the first time an estate agent or buyer views your home they are completely wowed and are excited to view the house. Creating a sense of excitement can be done through some very simple methods such as: painting your front door, landscaping the garden and including new, fresh flowers in your garden. Another way to increase curb appeal is to clean your windows and ensure that they are dust and dirt free. Something often overlooked is the numbering or naming of a property as this gives the home identity and a sense of personality that will resonate with those viewing the property.
7. Acquire or create off-street parking
Off street parking is a big must in 2018 – new builds are cropping up everywhere and cities are becoming more densely populated. Off street parking or a parking space allows your home to stand out from the crowd. There a variety of ways to do this. If you have a front garden and do not use it for much other than a few flowers and some greenery maybe think about converting this patch of land into a parking space with a nice driveway leading up to the house. In addition to this, we appreciated that space may be an issue for some, so contacting neighbours, looking online and reaching out to your local council to see if they are aware of any parking space(s) for sale nearby is a great way to acquire off street parking for your property.
8. Build a loft conversion
A loft conversion can seem like a big project but with a big investment comes an increase in your homes resale value. Similar to the renovation of a homes Kitchen, it is important to think carefully about this and sit down to plan the processes from start to finish. Loft conversions should be carried out and done by expertly trained builders so that the job will be completed to a high standard, within budget and on time. With loft conversions, the addition of the new rooms it creates can drastically increase your resale value and is definitely worth thinking about for your home. Think of it this way, in some cases there may be multiple houses all around the same price point and all within the same location. If your property has the added benefit of additional rooms but the same style of house which property will a buyer pick? Simple, it will be yours.
We hope that you have taken away some handy tips and actionable steps to improve your homes resale value. It is important to remember that all of this improvements will also increase the enjoyment you get out of your home so it is not only a long-term investment with the aim of improving the resale value it is also a short-term investment that can improve you and your families standard of living.
Laurence is a content writer and marketing manager for Wrennalls. He helps publish regular content and insights for customers and industry personnel.