Secrets of the Trade – what makes property value go up?
June 2, 2016
Investing in your home is a sure recipe for success, especially if you want to sell it soon. Experts agree that capitalizing on the value of real estate is possible, as long as you pay attention to what is good to improve and what not to touch.
A lot of projects have been tested over the years and established as recipes for success. Sometimes it is as simple as hiring the right cleaning company; and sometimes it is going through several renovation projects that bring the big money to you. Here are few universal rules that will get you a long way, regardless if you want to sell your home now or in the future:
- Makeover the kitchen – the kitchen is likely the first place a prospective buyer will inspect. As it is the most visited place of the entire home, you can expect solid interest to come from a good looking and modern kitchen. Implement a contemporary look and a design that is easy on all kitchen cleaning needs. Decide if the place needs structural changes and unit changes. Invest in superb quality worktops, as well as cabinet handles and doors, as those are things that people notice the most.
- Revamp the bathroom – not having a good-looking, hygienic bathroom can be a real turn-off for buyers. Invest in a vanity that recesses into the wall, as it is a real-space saving hit. Check out the tub and sink for cracks and replace them if necessary. Proper lighting goes a long way in revealing the beauty of the place, so make sure you have that. Upgrading this room in such a way to allow easy bathroom cleaning is a real hit that can get you the big bucks.
- Introduce more storage space – free space is a precious resource that tends to disappear quickly. That is why people are rather hyped about any extra storage solutions that your home has, such as: hidden nooks in your corridors, understairs space, attic space that can be upgraded, space under the kitchen sink that can be utilised for more than just storing cleaning solutions. The more you utilise, the better impression you will make on the buyers.
- Invest in curb appeal – ensuring that your home has gone through proper domestic cleaning is one thing, but investing in curb appeal is something completely different. First impressions are secured by checking out the exterior of a property and that is where patio and gutter cleaning come into play. Additionally, if you have a garden, make sure it is well-maintained and properly looked after, as that has the potential to turn negotiations in your favour.
- Create a parking space – with the traffic getting more and more congested, buyers are starting to value off-street parking options a lot. If you have the chance, implement one or two parking spaces in front or alongside of your property. For a lot of people that is a must, especially for urban areas with parking restrictions. You will add significant value to your property when you have the parking secured.
It is definitely worth it to go through your home and implement all of these projects. Its value is sure to go up by a lot!
You May Also Enjoy
Ignoring these simple winter property maintenance tasks could cost you big time
The latest research from nationwide cash buying company and quick sale specialists, Springbok Properties, has revealed that failing to complete some of the most common winter home maintenance tasks could cost homeowners thousands of pounds, as ignored issues turn into major repair jobs over the colder months. Springbok Properties analysed a series of essential winter…
Read More 
Half of first-time buyers delaying until after the Budget
The latest research from eXp UK has revealed that almost half of first-time buyers (47%) have paused their homebuying plans until after the Autumn Budget, as uncertainty around potential tax and housing policy changes continues to weigh on buyer confidence. However, it’s not short-term tax tweaks they’re waiting for. The survey of aspiring homeowners, commissioned…
Read More 
Moneyfacts Average Mortgage Rate dips below 5%
The Moneyfacts Average Mortgage Rate has dropped below 5%. The latest analysis by Moneyfactscompare.co.uk reveals how the rate has changed over time. Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said: “Borrowers will no doubt be thrilled to see mortgage rates drop, particularly the millions due to come off a cheap fixed rate before the year is…
Read More 
Does the market even need a Budget boost?
The latest market analysis from London lettings and estate agent, Benham and Reeves, has suggests that, despite mounting speculation around what support might come for homebuyers in the forthcoming Autumn Budget, the UK property market is already showing impressive stability and resilience – raising the question of whether it even needs a policy boost at…
Read More 
What You Need To Consider Before Diving Into Property Investments
Are you interested in exploring property investments? This is a smart choice because it means that you can explore ways to diversify and grow your finances, even over a limited period. That said, there are lots of factors that you need to consider here to make sure that you are going to be able to…
Read More 
Forget kerb appeal: LRG report reveals what really triggers a homebuyer’s offer
One of the UK’s largest property services groups has published its debut sales report, uncovering what genuinely persuades buyers to make an offer – and the findings challenge the traditional focus on kerb appeal. While sellers often guess which improvements will pay off, the data shows where money is well spent and where it’s wasted.…
Read More