How to add value to your house
In an increasingly competitive market, seeking ways to add value to your property is a very wise choice.
Refurbishments and conversions are extremely important when you are in a search for new tenants or when you are planning to sell your house. But what kind of refurbishments and conversions add more value your property?
Maintenance is one of the most important aspects when you manage a property. Some of the most important things that you have to check and deal with them if you find any problem are:
- Test smoke/carbon dioxide detectors
- Repair or replace if necessary damaged windows
- Inspect roofing for damage and leaks
- Inspect plumbing for leaks, clean aerators on faucets.
- Take care of any insect problems you may have
- Get chimney cleaned, if you have one.
- Check trees for interference with electric lines
Green buildings attract more buyers and tenants. Installing certain energy efficient devices could add more than £16,000 to the value of a home.
An invaluable addition to a house is to fit a central heating system. That will instantly increase the value of your property and will attract more buyers.
Add a second bathroom. Properties with more than one bathroom are extremely valuable to buyers.
Add a beautiful conservatory that has the same style with the rest of the house. Extending a home’s living space is always a smart idea once you decide to add value to your property.
A loft conversion can add as much as 25% to the value of your property not to mention that by converting this unused space you add more living space to the house that can be used in so many different ways.
The same way, a basement conversion will add space and value to your property attracting many possible buyers.
Upgrade the kitchen
The kitchen is maybe the most important room of the house where most of the people spend the majority of their time. Quality time with the family most of the times involves the space of the kitchen and that is why it needs to be a multi-functional space for eating and entertaining.