3 Ways To Increase your home’s value on a budget
When it comes to increasing the value of your home, the first thing your mind goes to is the renovation. But think about this; are renovations really an investment in your home? Yes, first impressions count and when a potential buyer sees a newly renovated home they tend to be impressed. But are you actually making any return on this so-called investment? If you invest smartly, which means if you renovate smartly, then yes you’ll increase your home’s value and make a return on your investment. Our expert agents share a few tips on how to increase your home’s value while sticking to a budget.
- Remodel your kitchen or bathroom
The first thing that a potential buyer sees when he or she walks into a home is the kitchen. Is it modern? Is it big enough? Does it look good? According to most estate agents, homes which have modern or state of the art kitchens sell and rent for a much higher value than those homes without fancy kitchens. Replace old knobs for new ones, use brighter lights, repaint the kitchen and set everything in order. Once a potential owner has seen the kitchen, they look around to find the master bathroom. To make a bathroom more appealing, especially on a budget, you need to be smart about how you decorate. Add some hanging lights, place a few mirrors, add some spa scents and scrub away every stain. Hang a satin bathrobe and place a tray of pretty hand towels. Without spending too much money, your bathroom has now turned into a spa. And your beautiful home is now ready to be sold, or rented.
- Build a garden
Having a garden to walk into is ideal for a potential buyer. A small outdoor seating area, even if it is just a patio or a patio garden is a big appeal for any new homeowner. To create a garden, you don’t even need to have a green thumb. Remove the weeds, plant a lot of grass and some beautiful in-season flowers. Make a pathway with stones or add some potted plants. Place two lawn chairs with a small coffee table, and no one will be able to resist the charm of your garden. If you don’t have the space for a garden, you could add some potted plants and greenery inside the house to brighten the vibe. According to Vastu and Feng Shui, house plants help maintain and balance energies in the house.
- Change the lighting
Have you noticed how some fancy hotels have strip lighting and false ceiling lighting? You feel a sense of fancy, along with a certain wow factor. Instead of paying hundreds of pounds to get your lighting changed, why not buy a cheap lighting strip which you can place under your kitchen counter or bathroom slab? Replace old and dirty lampshades with new ones, or make the effort to really clean dirty lamp shades. Otherwise, some do-it-yourself tricks might work to beautify old lampshades. According to research, homes which have a high amount of natural lighting were really liked by potential buyers. You could replace unused doors with garden windows or install a skylight. But if it’s one of those dark gloomy London days, just turn on a lot of floor lamps and table lamps. Maybe light some candles to add some more lighting.
You May Also Enjoy
First-time buyer enquiries fall 27% as borrowing costs rise
Homes completing on Friday the 13th sell for less
Surrey, Herts & Bucks named most exclusive markets
Friday the 13th spooks home-movers
Section 21 reform divides landlords and tenants
