Six of the best ways to add value to your property
Are you wanting to add value to your property in the North West London area? These tips can help you to make sure that your property sells for the best possible price.
Kitchens and bathrooms
These are without doubt the most important rooms to potential buyers. Renovating kitchens and bathrooms can be expensive and would-be-buyers can often be put off by the cost of replacing a bathroom suite or having to redesign a kitchen. In fact a recent survey by Magnet found that 61% of buyers said that they would be willing to pay more for a property that had a kitchen that was newly refurbished or modernised.
However, upgrading your kitchen doesn’t have to be hugely expensive. Consider painting your cabinets and replacing the worktops and tiles to give your kitchen a cheap and easy makeover.
White bathroom suites are in general more popular than coloured ones but if you can’t afford to replace the suite then giving your bathroom walls a fresh coat of paint will make a big difference to the feel of the room.
Extend or convert
If you have the budget to do it, adding an extension or converting loft or garage space into an additional room will not only create more space but can also add up to 20% to the value of your home.
Ensure your property is structurally sound
If structural problems are found by a surveyor buyers may use them as a reason to try to negotiate the price down as they will have to pay to fix the problems. Therefore, ensuring that you fix any problems before putting your property on the market will help you to achieve your asking price or above.
Kerb appeal
It is true what they say, first impressions matter. Take some time to make sure that the front of your property is clean and tidy. Trim your hedges and grass, weed paths and if your front door is looking a bit old and worn consider replacing or repainting it.
Treat your garden like another room
Post-pandemic buyers place a high value on outdoor space so smartening up your outdoor area can make a real difference to your selling price. Outdoor entertaining areas are very attractive to buyers at the moment and don’t cost much or take much time to create. Try creating an inviting entertaining area with comfortable garden furniture and a firepit to help your potential buyers envisage themselves relaxing in your garden. Just remember clean and tidy gardens are attractive to buyers whilst those that look like jungles tend to put them off.
Go green
As energy prices rise so does the desirability of properties that are environmentally friendly and cheaper to run. Solar panels, wind turbines and good insulation can all help your property to stand out in the current market and as a result achieve a higher selling price.
If you would like more advice on how to add value to your home please do not hesitate to give us a call on 0208 381 4970 and we will be delighted to discuss it with you.