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October 18, 2016

The 10 Best Ways to Add Value to Your Home

Breathing new life into your home is just the ticket to unleash its full potential and increase the asking price. Here are ten steps you can take to do just that.

Add an extension

 

Adding an extension increases floor space, usability, attractiveness and ultimately the value of your home.

 

It’s one of the most expensive undertakings on our list, but with a potential value increase of up to 20 per cent, that initial outlay will be worth it.

Fit a fancy kitchen

 

‘New kitchen’ is still a house buyers’ mantra, so investing in a high-quality, long-lasting kitchen is a smart move if you plan to sell in the near future.

 

Upgrade your bathroom

 

Buyers are almost universally put off by the prospect of having to fit a new bathroom, so a shiny new suite is worth the extra effort in order to bump up your asking price.

 

 

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Add a brand new bathroom

 

An en-suite shower room or conveniently placed lavatory always elicits an approving ‘ahh’ from prospective buyers and could add an extra six per cent to the price of your property.

 

Tend to the garden

 

A beautifully landscaped outside space adds so much potential to a property and is well worth the investment.

 

Knock down a wall

 

There’s a reason why Kirstie Allsopp is always trying to get buyers and sellers to knock down walls on Location, Location, Location.

 

A simple redesign of the floor layout can open up a world of possibilities. Buyers love an open plan kitchen/family room and, provided there are no structural issues, you can transform a cramped or awkward space into an airy, light and spacious area.

 

Convert the loft

 

A clever loft conversion is another great way to add extra space and long-term value. Turning your two bedrooms into three opens up a whole new market for your property.

 

Be eco-friendly

 

In an increasingly eco-conscious world, buyers are becoming more and more interested in the green-ness of their future homes.

 

It’s not necessary to install solar panels and wind turbines. Simply improving EPC can add more than ten per cent to the value of your home.

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Create or restore a feature

 

Creating a feature – installing a wood-burning stove, for instance – adds a wow factor.

 

You may already have features that just need a little love. Are there roof timbers you can expose? What about restoring period features like bannisters, decorative mouldings or floorboards?

 

Get the basics right

 

A beautifully designed loft conversion with leaky windows and a saggy roof defeats the purpose. Your first port of call is getting the essentials done right: double-glazing, central heating, updating electrics, fixing a porous roof and layering in a damp-proof course are basic, sound investments.

 

If you’re thinking of selling your home and would like further tips on maximising its value, get in touch with us at Keatons.

 

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