Whatever your reason for wanting to increase the value of your home, we’ve got an expert guide to help you do it.
And we’d argue you don’t even need a reason—why wouldn’t you want to increase the value of your home? If you’re not about to sell, you’re at least making it a more enjoyable place to live.
Read on to learn about the relatively inexpensive things experts think you can do to increase the value of your home.
Improve Your Home’s Layout and Flow
Some of the suggestions we’ll give you aren’t cheap – but we’re talking about quality building supplies, an investment that’ll increase the value of your home.
If you can, it’s sometimes so beneficial to change the internal structure and knock through walls to create a bigger, more open home. The most common area to do it is with the kitchen and dining room or dining room and living room. Removing a non-load-bearing partition isn’t as tricky as you might think.
Sometimes, it is not possible or practical to seek more space, but creating innovative ways of utilising available space can serve the same purpose. Consider updating spaces to be more functional living shifts—a storage shed might be valued more as a home office or a reading nook.
You can also ask a local estate agent to find out which changes will be the most suitable for your area, as different buyers have different space needs.
Low-Cost Cosmetic Upgrades
With cosmetic upgrades, a home can undergo a generic transformation and can be cost-effective.
One example of this is painting. Simple but effective. This is one of the best ways to enhance the value of almost any space. The trick with increasing value or at least interest in your home is picking a neutral colour that appeals to more people. We’d recommend using white, grey, or beige. You have to make a home look good for it to sell well. Chipped and dull paint doesn’t give off high-value home vibes.
Adding new fixtures such as faucets, cabinet handles, and light fixtures can also add significant improvement.
Improve Outdoor Living Spaces for Year-Round Appeal
As outdoor living is becoming more popular, the inclusion and construction of adaptable spaces outside the house are appealing to buyers.
Buyers considering buying a property are in most cases pleased with immaculate outdoor spaces because it is simply more room for them to utilise. The garden, for example, can be a great and attractive entertainment area throughout the year by simply building an outdoor kitchen, a fire pit, or a sitting area with a pergola. Simple, but effective.
Even for the budget-constrained people, improving the look of the outside of the house simply by making the grass greener and planting some plants can be fruitful. Or cutting down bushes, planting easy-to-maintain shrubs, and putting some flower pots in front of the house will go a long way towards creating a good first impression.
Highlight the Power of a Well-Staged, Decluttered Space
Staging is everything. If you’ve ever looked at pictures on Rightmove and the house looks a mess, it’s so easy to notice the difference in price between that and one that’s the exact same size but looks good. And if nothing else, it definitely makes you click next!
Making sure the home is tidy and well-staged will make a difference to at least how many people come to view it.
It helps the buyer imagine themselves living there. And trust us, if they can’t imagine themselves living there, it’s a no-sale. It doesn’t always have to be a major transformation, for example, putting on some decor, removing all personal items, and reorganising the furniture can make a difference.
And if people are desperate for your home because it looks good, they’ll ask for higher than the buying price to ensure it’s theirs. And pieces of neutral decoration, accent decorations, and proper furniture arrangement can render the space comfortable.
The price of houses is constantly fluctuating, but we think there’s more people can do to increase the value of their homes. The more money you spend on a few renovations and changes, the more money could come back to you with a house sale. In the UK, right now, home prices are slightly increasing with the fluctuation of the market
– it’s a great time to add more value.