Whether you’re hoping to make your house more saleable for an imminent move, or simply wish add value to your home for the future, today’s blog post will hopefully give you some ideas for ways to improve your home whilst increasing its value. As you may already know, I’ve been fixing up my home over the past 3 years; improving the bathroom, DIYing the bedroom, decorating my living room in mid-century style, and now I’m working on the kitchen. So I’ve been doing some research into how my DIY renovation projects have added value to my home and what I’ve learnt has been really interesting. I found out lots of facts about the things you can do to increase the value of your home prior to a move and I wanted to share these with you today.
Decorating. It may seem simple, but a quick spruce-up of a room with a lick of paint can do it the world of good. As buyers typically make up their mind about buying a property within the first three minutes, a fresh coast of paint can be enough to grab a buyers attention. It can brighten up a room, makes the property look ‘cared for’ and is reassuring to buyers that the house has been well maintained. It also means that the buyer doesn’t have to do any of the DIY work when they move in, saving them time and money. And, interestingly, a freshly decorated home adds £3000 to the value of a house according to survey by UK Homebuyers so it’s well worth investing in a few pots of paint.
My bathroom before…
Bathroom. This room needs to be fresh smelling and hygienic looking, so it should be one of the first places you paint and clean if you’re trying to sell your home. If you want to add a few touches to the bathroom, mirrors will bounce the light around and help the room feel bigger, and fitting a ventilation fan will keep dampness at bay. If you’re up for a construction project, adding an en suite to a bedroom can as much as £30000 to the price of your home so it may be worth measuring up and seeing whether you can fit one into the master bedroom.
Kitchen. This room can be make-or-break when it comes to selling a house, because it’s a room that buyers place a lot of importance on. Having clean fittings, fabulous tiles and adding an extractor fan and classy lighting will give the impression of a more expensive fitted kitchen. During my kitchen makeover I decided not to change the units to save money but have painted and added new accessories to improve the space. If you want to go the whole hog, a new kitchen is a great idea – you can enjoy using it yourself now and it will improve the saleability of your home in the long term. In fact, a new kitchen adds around 6% to the value of your property.
My kitchen before…
New spaces. Loft conversions or home extensions are undoubtedly massive projects to undertake, but they definitely add a lot of value to your home. An unused loft space, for example, could be turned into a luxurious master bedroom or a useful office, and adding one extra bedroom to your home can add up to 10% to the value of your home. While an extension is one of the biggest home-improvement projects you can undertake, it nearly always adds value. But if you’re not up for living on a building site, just adding a conservatory is a quick and low-cost way to improve your home’s appeal to buyers – providing an extra room with multiple purposes.
Garden. And finally, the garden is an easy place to start; you can add value simply by tidying up and give your home ‘kerb appeal’ by planting some flowers or shrubs. A new fence will define the boundary of the property and allow buyers to see just how big the garden is. And if you’re up for a construction project, how about adding a deck? This provides another ‘living space’ outdoors, somewhere to eat and play. All extra space adds value, plus you can enjoy it all year round while you’re still living in your home.
Adding a veggie patch and patio
What do you think of these tips? I’ve gained a lot of insight into the value of homes by reading the UK Home Buyers website so check it out for yourself for more information. What will you do to improve your home this year? Do you have any other suggestions for simple ways to add value to a property? Let me know by leaving me a comment below or tweet me @Cassiefairy.