You’re probably looking to get the most out of your investment.
You might also be glad to know that there’s a few simple quick fixes that you could work on that don’t cost the earth, giving you maximum value & making your home a more pleasant place to live.
This doesn’t just help hold on to great tenants. Over a length of time, you’ll find the value of your property increases.
So, without further ado, let’s discover how to add value to your property with 10 simple tips.
1. Improve The Heating In Your Home
A quick hack that could provide quite a meaty boost to your home’s price tag. We’ve covered this before in our winter maintenance tips!
Renovating your home’s central heating system could drastically reduce spend on energy output, which is more important now than ever before!
Older, inefficient systems take more work to warm up.
Usually older properties either lack central heating systems altogether or have outdated ones in place.
If your heating system is modern and doesn’t need an upgrade, you might want to consider adding luxuries like a towel rail or an underfloor heating system.
You’ll thank yourself in the colder winter months!
2. Convert Your Loft Space
Renovating your attic can add a lot of value to your property. According to onthemarket.com, a loft conversion can bolster your home’s value by 10-21%.
A well done loft conversion can add heaps of natural light to your property.
Normally, loft conversions don’t need planning permission, but it’s always worth checking. We recommend looking into this first to make sure you don’t have any potential clawbacks along the way.
3. Make Small Repairs
Simple defects to your property can put off potential buyers.
It can raise red flags, leading people to believe that your home hasn’t been taken care of.
Here’s a few things you could do tomorrow that’d contribute to an increase in your home’s value.
- Touch up the skirting boards.
- Fix broken tiles.
- Repair defective doors or locks.
- Address cracks in ceilings & plaster work.
- Repaint walls where paint is peeling/scuffed or marked.
Even if you don’t feel like doing this yourself, it’s pretty cheap to get sorted. We’ve teamed up with MyConstructor who offer handyman services, so we recommend checking them out!
4. Give Your Garden a Makeover
The first thing a buyer or tenant sees when they arrive at your property is the exterior.
First impressions are critical as they usually set the tone for the remainder of the viewing.
Making sure the garden is tidy & easy on the eye is crucial. If your garden is in desperate need of a makeover, consider getting a landscaper in for a couple weeks to renovate the driveway & other patio areas of your property.
If your garden is already in top shape, you might want to add some greenery to really bring your properties’ exterior to life!
5. Add a Conservatory To Your Home
Considering a conservatory? Good. They’re a fantastic and budget-friendly way to hike up your home’s price tag.
Not only do they look luxurious, they also add extra living space for you and your family.
We warn you, don’t go the cheap route.
A bad quality conservatory can be a complete eyesore and can do more harm than good and can ultimately detract from your property’s overall value.
6. Spruce Up Your Bathrooms
Off-white radiators & wooden toilet seats are no longer fashionable. (Surprise surprise!)
A quick way to increase your property’s worth is to make sure your bathrooms don’t look like they were put together in the 1940s!
You’ll want to make sure that bathroom spaces are modernised and more importantly up to par with what your potential buyer might want.
Here’s some tips to easily modernise your bathroom spaces.
- Make sure at least 1 shower is installed in the property.
- Replace flooring with modern looking tiles or vinyl.
- Add appropriate ventilation like a dehumidifier or an extractor fan.
- Add a mirror – it can make the bathroom feel bigger!
7. Fit Quality Decking
According to Savoy Timber, adding decking to your home can increase the value by around 10% as it gives the perception of extra living space.
Not only are they fantastic in the summer months, they also look great and can transform the feel of your garden & exterior spaces.
Make sure, however, that you use good quality timber & timber care products. This’ll help you drastically increase the lifespan of your deck.
You can also chuck on some outdoor furniture kits to make it truly stand out!
8. Consider Bi-Folding Doors
Adding bi-folding doors to your living space is an easy method to getting more money from your investment.
Bi-folds maximise the amount of natural light in your home and can slide open to give easy access to exterior spaces.
They’re also incredibly low maintenance and can truly modernise your home.
Most are manufactured with energy efficiency in mind too, which is always an added bonus in my books!
9. Add an EV Charger
There’s a few reasons why adding an EV charger to your home is a great choice. However, the biggest reason is due to the ban on the sale of combustion engine vehicles in 2030.
This will increase the demand for electric vehicles, thus, magnifying the need for a domestic EV charger.
The average cost to install an EV charger is around £800 according to the RAC.
So take advantage, especially whilst the government is covering up to £350 worth of costs under the Electric Vehicle Homecharge Scheme.
10. Windows & Doors
The facade of your home is one of the most important elements when it comes to adding value; run-down, outdated doors and windows not only cost you money in the long-run (when they eventually need to be replaced), but they finish the overall look and feel of the property.
While windows and doors may seem like a large investment at first, refurbishing these essentials will add value, and give your property a modern, well cared for look.
It is also important to keep windows and doors up to date due to safety concerns, as an old door may be an unsafe door, that does not offer easy access during a situation that calls for evacuation.
In the same way, windows must have easy fire escape access, which many older style windows (installed in the 80s/90s) do not.