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
Boost Spring Valuations: Is Upgrading to Double Glazing Still a Top ROI?
Come spring, the property market always picks up pace. As an estate agent, you know the questions start flooding in from homeowners wanting to maximise their sale price. Top of the list for many? Windows. Specifically, is splashing out on new double glazing actually going to deliver a worthwhile return when they sell? It’s a…
Read More 
COVID five years on: City and coastal trends reverse as homes by the sea take longer to sell
Rightmove’s new report looks at how the market has changed five years on from the pandemic starting Many city and coastal trends have now reversed, with homes near the sea taking three weeks longer to sell compared to 2020, and the majority of buyers in the capital looking to stay rather than leave London A…
Read More 
What it takes to make real estate development financing work
By Daniel Austin, CEO and co-founder at ASK Partners Securing financing for real estate development has become an uphill battle. With interest rates still elevated, inflation pushing construction costs higher, and planning delays introducing further uncertainty, developers face a challenging environment. Traditional lenders, constrained by regulatory pressures and rising risk aversion, have scaled back, creating…
Read More 
Signs Your Roof Needs Professional Repair: Don’t Ignore These Red Flags!
The roof of your home is one of its most vital components. It serves as the first line of defense against the elements, shielding you and your family from rain, snow, wind, and UV rays. A sturdy roof also enhances the energy efficiency of your house, helping to regulate temperature and reduce heating and cooling…
Read More 
Cheap Local Estate Agent
How much is the average estate agency fees in England for 2025? The figure of 1.42% (including VAT) is the average estate agency fee in 2025. This average fee for selling your home can vary with figures between 1% and up to 3.5%, there may be some lower and higher too. How you are looking…
Read More 
The Future of Real Estate: How Technology is Revolutionizing the Industry
It is also evident that the real estate industry is going through a lot of changes mainly due to changes in technology. Technology is changing almost every aspect of the industry and this includes the purchasing, selling, and advertising of properties. Consumers need a more efficient and enhanced form of transactions, real estate professionals must…
Read More