Improve…don’t move! On many an occasion people buy a house with the idea of putting their own stamp on it. And hopefully increasing the value of the home. You will need to do a little more than change the colour of the garish red living room walls to add extra value though.
You may not be planning to move just yet. But having a dream to-do list of tasks you can complete over a number of years could mean your house will be ready to reward your hard work if you do ever choose to move on.
Here are 10 of our top ways to add value to your home, without breaking the bank!
1. Convert your loft or garage into liveable space
It’s pretty rare now that people use their garage for their car. And loft spaces are full of even more clutter, all collecting dust. Bring these dead spaces back to life by converting them into living areas of the home.
No building job is ever going to be cheap. But when you consider that you could be adding 15% extra value to your property, I think you would agree that it’s worth the investment, if you can afford it.
2. Spruce up the appearance of your home
Does your house have kerb appeal? It’s no secret that the better a house looks from the road, the more likely it is that people will want to live there.
Just this in itself is enough to get your house valued higher than its neighbours. People are more likely to pay above ticket price for your home if it looks smart and well-loved.
Consider changing your front door and windows.
Making sure that these are weather tight and in keeping with the period of your house can make a huge difference. Sometimes a simple change of the letterbox, doorknob or numbers is enough.
Is your front garden wasted space?
Parking space can often be at a premium. Especially in urban areas. If you have the space for it, you may get more benefit from paving your garden over and creating extra parking for cars.
If this sounds like an option for you, do your research. A drop kerb will need to be installed. Make sure that you have checked and comply with the local authority highway regulations. Also, be sure that you have right of way to cross over any land you don’t own.
The interior décor is just as important
As with the kerb appeal, if your house is presented nicely it’s likely to attract a better price.
Some simple things to consider are:
- Upgrading your flooring – whether it’s wooden flooring in the living room or flagstones in the kitchen. Anything is better than a tired and worn out carpet
- Keeping the walls neutral
- Reopening and making a feature of fireplaces
- Making sure every room is clean and tidy
- Get your windows cleaned
- Hide your clutter during those all-important viewings.
3. Make a feature of your back garden
Bi-fold doors are becoming more and more popular. They are a great way of making your garden part of your home.
The large windows will make it look like your room extends outside and will flood the room with natural light. Having a garden that is worth looking at helps!
If you’re not much of a gardener, create an outside living space instead. A stylish patio with a built in BBQ and comfy seating is a popular, low maintenance option.
4. Secure planning permission for future development
You may not want to take on a project yourself. Or have the budget to do it. But if your home has the space to be extended upwards or out, securing the planning permission before your move could be a great way of adding extra value to your home.
Outline planning permission lasts for 3 years so it’s definitely a bonus to have if you’re considering selling your home.
You will have to put up the cost of attaining the planning permission but it’s worth the investment in the long run. If you would like any advice get in touch, we offer a consultancy service so can help guide you along the way.
5. Fix anything structural before it becomes a bigger problem
Stay on top of the upkeep of your house! The easiest way to reduce the value of your home is to let it fall into a sad state.
Issues such as rising damp and missing roof tiles are easily fixed when you notice them. Getting on top of them as soon as they occur will cost far less than replacing an entire roof and rotting trusses further down the line.
6. Add a conservatory or garden room to provide extra living space
Conservatories and garden rooms are a great way to make the most of excess space in the garden to create extra space inside. Not all require planning permission, but they do have to conform to building regulations.
To get the most value from your conservatory make sure that you have it designed as if the house was built around it. It needs to act as an extension to your living space rather than a cold room that’s been added on. Make the space flow by using the same flooring in the conservatory as in the room it joins too.
Even though it is a costlier option, a bespoke conservatory will always be a better investment than a cheaper kit style one you often see filling up people’s gardens.
7. Create storage space in nooks and crannies
This is not an obvious one but when you come to think about it, it makes perfect sense. People have clutter and clutter looks rubbish. Lack of storage can put future buyers off. Get into the habit now of utilising every nook and cranny in your home.
Put up shelves on unused wall space or build a cupboard in an alcove. I know I’d rather have a cupboard under the stairs for shoes and coats rather than bulky furniture taking up all the space in the hallway and piles of coats cluttering the corridors.
8. Knock down some walls
The house you live in may have been designed to be lived in a completely different way than you use it now. Our homes are becoming much more free-flowing and sociable spaces so change your living space to reflect that.
You may benefit from knocking the wall down between your kitchen and dining room to create an open plan space. That way you can get on with tea whilst helping the children with their homework. A much more versatile option than the two separate rooms.
9. Put in central heating
Central heating is often taken for granted. You may already have it, but older homes may not.
Changing your storage heaters for central heating could cost you £1,000 to £3,000 but could increase the value of your home by £5,000. Even those who didn’t get top marks in maths can work out that’s worth doing. Plus, if you’re not planning on moving just yet, it’s so much nicer for you too.
10. Update your bathroom fixtures and fittings
Updates needn’t be huge. Just popping in a new tap or replacing your shower curtain with a glass screen can make a world of difference. If your bathroom looks luxurious then it could encourage a luxurious price tag too.
3% could be added to the value of your house which may not sound a lot. But just for changing a tap and showerhead? You can’t argue with that!
We’re not claiming that if you undertake all of our suggestions then the value of your house will shoot up to double the price it is worth now. Or, even that all of the above suggestions will work in your home. There are a number of other factors that affect the price of you home which a bunch of new windows can’t help. But these tips will help you do the most you can to get the best value out of your home.
Always use a trusted and reliable builder when undertaking even the smallest project. Here at J S Building Services we’re happy to help. Get in touch if there is anything we can help you with or simply for some friendly advice.