How To Add Value To Your Home

Everybody wants to sell their house for more than they paid for it, but what actually can you do to influence the price or value of your home? In this article, we’re going to cover 15 ways in which you can increase the value of your home, also below each section you will be able to put in the current value of your property into our calculators, and then you will be able to see how much value you could potentially add.

The idea is that you can then be educated in what ways offer you the most value to do, for example adding an extension isn’t going to be cost-effective for everybody, but you will see how much you can potentially add through our calculators.

Remember, you only get one shot to make a good first impression, so you have to make sure that your property stands out, and also you showcase all your good work. Here are some of the most common ways to increase the value of your home, remember nothing beats a good tidy, nothing frustrates me more than people selling houses that with a day of tidying would help tenfold.

15 Ways to Add Value to Your Property

1. Renovate Bathrooms and Kitchens

Value Increase: 6%

The kitchen is usually regarded as the heart of a home, it is often the most memorable room. Think about it, the last time you went over somebody’s house that you were truly impressed by, did they have a great kitchen?

You’ll come to understand how even the smallest changes can make a huge difference. To get started, we suggest replacing old taps or sinks, changing cabinet handles and doors, updating old appliances, or even installing spotlights that can help lift a room’s mood. You don’t need to have a brand new kitchen for it to be a selling point.

Some of the most popular elements that you can use for your kitchen include:

  • Marble & quartz: Most buyers are looking for high-quality and luxurious worktop materials for their kitchens like marble or quartz as they’re durable and easy to maintain. That’s beside the fact that they are aesthetically beautiful and can make any kitchen seem high-end. This can be very expensive, and natural REAL wood will have a similar effect.
  • Real Wood Worktops: They are actually relatively cheap (when compared with marble), and are just as striking.

We strongly urge that you do the same with your bathroom. A dusty or smelly bathroom with a leaky top and old grouting can be a massive deal-breaker for potential buyers.

You don’t have to change the entire bathroom suite; just some new tops, a glass shower, or even a toilet seat are more than enough. Putting a glass screen rather than a shower curtain can make a small space seem larger by comparison.

For added value, you can choose the following elements for your bathroom:

  • Underfloor Heating: Nowadays, more and more people are discarding radiators in favour of underfloor heating. Not only does it give homeowners more wall space for a larger shower or bath, but it even heats the entire space evenly and gives it an extra luxurious element. You’ll be very thankful you considered this option when the winter season kicks in. You shouldn’t rely solely on underfloor heating from personal experience, but it is a nice touch.
  • Power Shower: Stepping into a weak shower is not the way to go. According to a poll from MoneyWise, 70% of property professionals say that installing a power shower is an important value-adding feature for a bathroom. 

70% of property professionals say that installing a power shower is an important value-adding feature

Enter in the value of your home
6
Total£ 


2. Tidy Your Garden / Landscaping – Not just cut the grass…

Value Increase: 7-10%

Are you aware that most potential buyers are put off by overgrown gardens? So if your lawn has one, you can get it under control by mowing it, weeding out the flower beds, and trimming the bushes and hedges. All can be done within a day unless you have a large garden, but it is still worth the time.

You can add some aesthetic appeal to your garden by incorporating planters that are relatively affordable and are also portable, where you can take them with you when you’re moving. And if you don’t have a green thumb, you can let a professional maintain your garden while you look for some attractive pre-planted pots. Having broken fencing really is an eyesore, so if you can, replace any broken fence panels. Also having things like broken fences, in general, give the impression the house hasn’t been looked after.

Often, buyers will look into the outside storage if you had a run-down shed, consider fixing it up. If yours is a bit worn down, try splashing it with a fresh coat of paint. You can do the same for your fences. And once your garden features look like the belle of the ball, think about installing some garden lighting to help home viewers visiting late in the afternoon or the early evening a better view, you can also use this to highlight key features, have a summer house? Put some lighting around it.


3. Take Care of the Structural Issues

Value Increase: 3-15% – This depends entirely on the severity of the issues.

Structural issues can greatly deteriorate any house’s value. For anyone hoping to increase the value of their property, take the structural problems into account. It wouldn’t make any sense to make any internal or cosmetic improvements like installing a new bathroom or kitchen if you don’t fix structural issues.

Subsidence can sometimes result in underpinning expenses, which will probably be some of the most expensive renovation works that homeowners come across. But if they’re hoping to add value to their property, this needs to be taken care of.

Other Structural defects that homeowners need to account for include:

  • Rising damp
  • A leaking or sagging roof
  • Bowing walls
  • Structural wall cracks
  • Insect infestation
  • Rotten roof timbers or joists
  • Broken or missing roof tiles
  • A collapsed slab/floor
  • Unstable chimney stack

I must advise you that you should not, at any cost, DIY this and must call in a professional surveyor, builder, or structural engineer to take care of these structural defects.

 


4. Consider An Extension

Value Increase: 10-25%

According to real estate agents, open-plan extensions give a property a certain “wow factor,” which gives the house the ability to sell itself. One of the most cost-effective improvements that homeowners can make is a double-story extension that creates extra living space, incorporating an additional bedroom over ground level.

According to the figures from MyBuilder, the average price range for extensions is somewhere between £16000 to £67000. The overall cost includes essential building elements like insulation and foundations without including VAT or the finishing touches like kitchen installation or decorations.

Even if you do decide to go for this, you need to be careful with both the design and the layout as an ugly, oversized, badly placed, or designed extension could increase value but lower the saleability of your home. The general rule of thumb is to make sure the extension is in proportion and keeping with the current property, and the new space works great both on the inside and the out.

You have to make sure the upper to ground floor room ratio is balanced, and the outside space isn’t reduced considerably.

Consider the value of the homes in your street already before getting a expensive extension. You’re often limited to what other homes are worth on your street, you won’t often find a £500,000 home next door to a £300,000 for example.


5. Remodel The Interior

Value Increase: 3-6%

If extending the property isn’t going to happen, then changing the internal layout is another idea. Open plan living is the trend at the moment, and people will pay a premium for this.

This means that you’re going to have to knock down some walls to create an open-plan living area, for instance. But before you do this, please ensure that the wall you’re going to knock down can bear the load or not. Knocking down any walls without taking the proper precautions in mind could literally bring the house down. That’s why you need to consult with a structural engineer or an architect first.

You can also add fitting out of storage in alcoves or any other awkward space that would otherwise go unused. Most buyers consider fitted storage an excellent bonus, especially around city flats, where space is at a premium.


6. Transform Your Basement/Cellar

Value Increase: Up to 30% – This depends on the area you live in

Transforming a basement/cellar into a storage or living space can boost a home’s value by 30%. This is taking into account that the build cost per square feet is less than the area’s price per square feet.

As a matter of fact, changing the cellar or basement is considered to be one of the least complicated home improvements that homeowners can make since it is considered to be ‘change-of-use’ for planning reasons. It is worth mentioning that we are not talking about the basements we hear about in London where the houses fall down! If you don’t already have a space somewhat suited, this will not work for you.

This means that homeowners don’t necessarily need any planning permission to carry this out. On the other hand, if you’re planning on making any structural changes to a listed building, then you’ll need to talk to a local planning officer.


7. Do Some Painting and Decorating

Value Increase: 3-7%

Avoid ‘in need of modernisation on your listing, how many times do you read that when looking at a home? Now you are not going to appeal everybody but keeping things neutral will help.

To help it get into the 21st century, you’ll need to whip out some brand new colours and consider replastering your room.

We suggest using light-reflecting paint and some mirrors to trick potential buyers into believing a room is bigger for tiny spaces. You should also consider decluttering while as well as ensuring that the rooms are well-furnished to boost the maximum value of your property.

With the ever-changing trends, it’s best to keep the decor of your house neutral if you want to bring more value to it. Not only will it help the place look good, but it can even brighten up rooms and enable buyers to use your house as a blank canvas so they can personalise it to suit their own tastes.

If you want to save your buyers the effort on their end, you can go the complete opposite ro