3 Easy Ways to Boost the Value of Your Home
It’s hard to imagine profitably selling your home in the post-recession economy. Rather than looking at an inviting property ladder you simply can’t wait to climb, years of austerity have left you staring anxiously into a seemingly bottomless abyss, as For Sale signs in your area mobilise like some kind of miserable wooden army.
But things are beginning to look rosier.
According to the latest index, average UK property prices have increased by 6.8 per cent year on year, although growth so far this year has flatlined – and this means homeowners around the country are looking for other ways to increase the resale value of their homes.
Fancy adding value to your property? Here’s three easy ways to get you started …
Install Double Glazing
Talk to any estate agent and they’ll undoubtedly tell you that installing double glazing is one of the easiest ways to add value to your home and make it more sellable. Before you do, however, it’s important to bear in mind what potential buyers are looking for.
After all, if you’re selling a period home, the last thing a purchaser wants is plastic windows that look more out of place than your grandmother at a Lady Gaga concert. Consequently, make sure you’re sympathetic to the interior and exterior of your home when choosing double glazing.
Fit Central Heating
Typically, adding or upgrading central heating will add more to the value of your property than the initial outlay. These days, buyers see central heating as essential as a roof (well, not really, but you get the gist), so it pays to play to the tune of the market.
This venture goes hand in hand with your double glazing project, as new windows are designed to improve the energy efficiency of your property, which is also another important factor for any buyer concerned about potential heat leaks.
Renovate the Roofspace
One of the most crucial considerations for potential buyers is how many rooms their prospective home has – so make their decision markedly easier by using your roofspace to create a new bedroom or office area.
While a typical loft conversion will set you back around £500-600/m², the value it adds again outweighs the initial costs. However, it’s vital to make sure there’s plenty of headroom, and the structure of the roof has been built in such a way that it allows for easy conversion.
What do you think?
Do you have any other easy ways our readers can add value to their home in preparation for moving up the property ladder? Please let us know by leaving your comment below – we’d be delighted to read your thoughts.