The value of a home is something that’s often on the mind of those who are thinking of buying and selling in the future. It’s not always possible to ascertain clearly whether house prices are on the rise or not – but even with recent reports suggesting that house prices may be some of the highest in Britain, it’s worth taking steps to ensure that your home’s value is as high as possible for those who may make it their investment in the future. This article will explore how to go about doing this in a way that doesn’t break the bank.
Build an extension
When it comes to adding value to a home, building an extension is often considered the ultimate option. It can add in some cases around £30,000 or more to a property’s value – meaning that it’s a great investment if you’ve got the upfront cash ready to spend. The downside to building an extension is that it can quickly go into the tens of thousands of pounds. If this isn’t an option for you, then considering options that can in some cases be slightly cheaper – such as a small loft conversion, or the repurposing of existing rooms to create a new bedroom or other value-enhancing space – may be wise.
Check your windows
It may seem like a niche area to specify, but the reality is that windows are often highly scrutinised by potential buyers. Not only are they a way for a prospective homeowner to work out what their view will be like, but they’re also the first thing seen by many potential buyers as they walk up to the front door. Dowdy, heavy coverings such as curtains are not appealing anymore!
Shutters are now often used as a way to freshen up a window and create a contemporary feel – without having to break the bank. Shutters tend to be affordable options, but they have a demonstrable effect on the perception of a property. It’s possible to invest in interior shutters for some rooms and not others, and it may be prudent to do it for the street-facing rooms of the property for maximum effect. Don’t forget to remind potential buyers that shutters don’t need replacing as often as blinds do, especially if they come from a bespoke provider.
Keep it in good condition
It may seem obvious, but some people don’t realise that it’s wise to take steps to keep your property in good condition the whole year round. It’s easy for problems such as damp, mould or exterior repairs to just mount up, especially in a busy world where everyone has lots to do. However, these can often lead to worse problems if they are not tackled early, and in the long run, they could end up slashing thousands of pounds off the value of your property. As a result, it’s wise to be sure that you’ve always got your eye on what your property needs.
There is no one single way to ensure that the value of your home remains high for the long term. Instead, there are lots of smaller options that you can go for to be sure that it stays as high as possible. From checking out what’s covering your windows to ensuring that you maintain the quality of fixtures and fittings all around the property, you’ll be able to give yourself the best possible chance of a high-value sale.