Whether you are looking to move to a new house in the near future or are constantly wishing to add value to the property, you have come to the right place. There is never an early enough time to starting making improvements to your home to improve the resale value — after all, some projects can take years, so it’s always worth putting in as much work as possible to make a profit when the time comes to sell up.
Unless you have moved home before, you may not be aware of the most common improvements that could add thousands of dollars onto the property’s resale price. This guide will give you some useful pointers that may give you something to think abou.:
Dealing with Structural issues
Structural issues and subsidence can dramatically affect the resale value of your home, so these jobs should be at the top of the priority list. It wouldn’t be advised to spend time and money carrying out cosmetic projects without making sure that the property is structurally sound first. If these tasks are not seen to with immediate effect, you could be faced with significant damage and an extremely high repair bill. Always try and be one step ahead of the game if you notice even the most minor structural issue.
It would be wise to hire a surveyor to carry out a full check of the property to spot any issues that you may never have been aware of.
A sagging or damaged roof is one of the most commonly overlooked issues, as of course, roofing is out of eye’s view. However, it can cause the most destruction, either from water or unwanted pests entering cracks and gaps. The bottom line is that no potential buyer will wish to deal with these problems and may be off-put during a viewing; therefore, hiring a roofing contractor would be advised so that they can check your roof for damage and make the necessary repairs.
Add a conservatory
Adding a conservatory or orangery onto your home can dramatically increase the resale value of your property by approximately 5%. It cleverly adds another room into your property and makes the owners feel at one with nature by blending the outdoors with the indoors.
Decorating
One of the most obvious pointers on the list and certainly one not to be overlooked is decorating the property — especially before putting your home on the market. While the visual interior doesn’t typically boost the value of the property, small defects could potentially put buyers off making an offer, which in turn, will cause the property price to dramatically reduce over time.
Flaws which could put off potential buyers but can be easily fixed include the likes of:
- Loose and cracked tiles
- Flaking paint
- Cracked plasterwork
- Leaking pipes and taps
- Creaky floorboards
Now that you have some useful tips on how to increase the resale value of your home, it would be wise to contact a real estate agent so that you can get a rough estimation on the value.