The rule of thumb when it comes to adding value is to utilise what you already have. Any additions that are too costly might not bring you much of a return when you sell, so work with the space and think how it could be transformed to make it more useful.
Here’s a list of some of the most worthwhile alterations and additions that can add great value to properties.
Remember to always find out how much your property is worth before adding value!
Utilise the garden
Making your garden feel like another reception room could add heaps of value to your property. Simply adding decking or a patio can turn a garden into a great entertaining space. Summer houses are other welcome additions, especially when staged as an extra room to enjoy.
If you're selling your property you need to give the garden space that much needed curb appeal in order to gain the right attention. Even simple things like tidying up the lawn or sweeping up the leaves make all the difference.
Convert the garage
Most people would prefer an extra reception room to a garage. If you have permission to do so, then you could convert the garage to add a square footage to your home. Depending on where your garage is located, they can make fantastic playrooms for children or home offices.
Most houses don’t require planning permission to convert the loft and they make really stunning rooms. Plus, they’re reported to add up to 20% onto a property’s value.
Add parking space
Having somewhere to park the car is a big plus for most buyers. If you don’t already have parking but do have a front garden, consider paving part of it to create off-road parking. You might have to apply to have the kerb dropped, but it’s still well worth investigating.
Conservatories are another great way of adding square footage to your property. Consider adding one next to your dining area or kitchen to increase the size of this hugely appreciated space.
If you only want to improve one room, then definitely concentrate on the kitchen and adds a few wow-factor touches to really make it stand out.
Opt for a crisp white suite so it appeals to lots of people and add a few ultra-stylish features to make it a room to remember. This can be an expensive investment, however, if it's something that needs doing then it becomes a necessity.
It might seem obvious, but adding central heating to a property that doesn't already have it will really help to increase its value and appeal. It’s considered essential and buyers could try and offer less money if they need to get it installed.
At the very least, make sure you fix any structural problems before you put your house on the market to maximise your chances of getting your asking price. If your property is structurally unsound, buyers are likely to use this as leverage to negotiate as they will know they will have to invest money upfront fixing those problems.
Making your home more environmentally friendly with the likes of solar panels, wind turbines and good insulation can increase its value. If your home is cheaper to run, it will stand out in the property market and you can usually add a premium to the price.
At Seymours, our friendly team of property professionals are on hand to help you find your dream home. Contact us or visit one of our local branches to discuss your property needs.
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