The family home is often the largest asset. Increasing the value of the investment is paramount when considering home improvements. Here’s a quick list of my seven deadly signs to consider.
1. Faded Kerb Attraction. The first impression for buyers cannot be underestimated. If the outside of your home is well kept, clean and tidy, then it feeds buyer interest and lures them inside. It can be a basic maintenance budget job. Painting or cleaning window frames; fixing any broken fittings, roof tiles or guttering; cleaning the glazing; powerhosing the drive; adding some seasonal garden colour. If the fence/gate/front door need repainting then rool up your sleeves and sand them back, undercoat and apply a careful topcoat for a proud and long-lasting finish. Once satisfied, then have your photographic shots taken for advertising your home.
2. Crumbling Kitchen. Research shows that kitchens are where we spend most time but they can also blow the biggest budget if fixtures and fittings need replacing. Take a critical look at your units – how would they appear with new doors and maybe a new worktop? Many home-owners are favouring an airy open-plan kitchen/dining area – would that design suit your home? Bear in mind that a well designed kitchen can sell a home and will definitely add value.
3. Dank Bathroom. A clean, practical bathroom is crucial but need not cost the earth. Simple white suites and colour accessories sell the space better than bold tiles and damp carpet. It is often the best choice to hire a well-vetted tiler and have a neutral tile professionally placed.
4. Feral Garden. Without doubt, keeping the garden in shape adds to the value of your home. A well designed patio or deck especially when combined with an opening glazed wall will increase your living space and make the house feel bigger. Adding a professional, high quality garden room is an investment which will show its value when it comes to sell the property. The best models have an insurance-backed 10 year guarantee and can be designed specifically for you. That way, it appears to complement your outdoor space and the design of your home.
5. Dingy Corners. Bright and airy homes are both easier to live in and easier to sell. When renovating, think about lightening the darkest rooms with carefully placed windows, sun-tubes or roof lights. The amount and the quality of light is important in both heating and opening up the space. Natural light can be a deciding factor for buyers so if the budget is tight, consider a well-placed large mirror and fresh white / light neutral paint, highlighted by extra lamp stands.
6. DIY Disasters. Before embarking on major projects, ask estate agents to value your home and see if the proposed work will add value. In some cases, it may be better to sell on the potential and allow the new owners to fulfill their vision. Chat to an architect about the hidden potential in your home and benefit from their professional experience.
7. Out-dated systems. The more energy efficient your home is, the more value it will have, long-term. There are still grants available for improving your home’s insulation, heating system, windows and doors in the UK and Ireland; making your home appealing to every potential buyer.