How To Increase The Value Of Your Home
Due to Warwickshire being such a popular place to live, there is always an interest in houses for sale in Leamington and the surrounding areas. If you currently own a property in the area and are looking to sell, then you may be considering how to increase the value of your home through renovations or other methods in order to make it more appealing to potential buyers.
Our team of local estate agents have put together some advice on how to increase the value of your home.
Interior Home Improvements
One way to increase your home’s value and efficiency is to update the internal systems, particularly if you own an older property. A new plumbing system, for example, can increase the flow for both hot and cold water and prevent burst pipes.
Additionally, upgrading or adding a central heating system adds value to the property whilst also improving the energy efficiency – attractive for potential buyers but also something you can benefit from whilst you are still in the property. If you’re also looking to make cosmetic changes to the property, it’s important to get these larger jobs done first.
Renovation and Redecoration
Another method of adding value is interior renovations. For example, open plan spaces are becoming an increasingly popular addition to homes, and can be relatively inexpensive provided you have a non-load bearing wall that can be removed. An open plan kitchen-diner will not only modernise your property, but will also make it feel larger and more spacious.
However, home improvement doesn’t have to be a huge undertaking. Simple improvements such as re-painting your walls (preferably in a neutral colour), touching up grout and sealant in your bathroom, and cleaning your carpets or flooring are easy ways to quickly improve your home’s value. Having your property neat and fresh looking when selling your home will help to show them that it is worth the asking price.
Similarly, there are some very simple ways to freshen up your exterior to impress potential buyers on their first visit. For instance, making sure your garden is presentable by pulling up weeds and mowing the grass can go a long way. Having a nice garden space is important to many buyers, so it’s important to make a good first impression.
Moreover, the front exterior of your property is where your potential buyers will make their first judgement of your property, so this can be pivotal to getting enquirers on-side. Practical touch-ups such as repainting window frames and doors or adding cladding, and adding aesthetically appealing features such as climbing plants and lights are all great ways to add charm and value to your property’s exterior.
How To Increase The Value Of Your Home With Extensions
If you’re looking to do more extensive work on your property, there are a few options to consider to make your property more appealing to those interested in buying a house in Warwick and Leamington Spa.
A popular choice is a conservatory – not only does this add extra living space but, provided it is designed well, is cost effective as it will add more value than you will spend to build it. You may also consider building additional rooms, such as bedrooms or bathrooms, as these will inherently increase value by providing space for more people to occupy in the property.
Something to be aware of when doing renovations is planning permission. Whilst some building work, such as conservatories, does not require planning permission, it is always important to check if any permissions are needed before starting work.
Additionally, you can also use planning permission to your advantage to increase your properties value – obtaining this, even without doing the work, will add inherent value to your home as there is opportunity available to potential buyers to build without having to organise the permission themselves.
Find Out More
If you have any questions about home improvements and valuations, feel free to get in touch, and our team of expert Warwick estate agents would be happy to help.
If you’re interested in purchasing a property yourself, take a look at our properties for sale in Warwickshire.