Top tips to increase the value of your home

If you’re planning to sell your house or flat, maximising its value is likely to be high on your priority list. While much of what dictates the selling price of a property is out of a seller’s control – for example, the status of the market and house prices – the good news is that there are upgrades you can make to increase your home’s appeal and its selling price. Here are some strategic home improvement tips to help you increase the value of your property.

1. Get a professional valuation

Before making any changes, it’s essential to understand your home’s current value. A property valuation from a trustworthy, local estate agent will provide a benchmark, as well as highlight the areas where investing in improvements would be most worthwhile. So don’t miss the chance to benefit from an experienced agent’s in-depth understanding of the dynamics of the local property market. Most reputable estate agents offer free house valuations, too, so you really have nothing to lose.

2. Enhance curb appeal

First impressions really matter when it comes to selling property. The exterior of your home is the first thing potential buyers see, so make it work for you, not against you. Simple tasks such as mowing the lawn, trimming hedges and cleaning your windows enhance your home’s overall appeal, while larger improvements, such as a new front door or driveway can add value to your property.

3. Remodel the kitchen

The kitchen is often considered the heart of the home, and a modern, functional kitchen is a major selling point. The kitchen tends to be the room that’ll influence buyers the most – whether that’s enticing them to buy or putting them off. A brand new kitchen will almost always add value, but upgrading outdated appliances, refreshing the worktops or replacing cabinet fronts can have a positive impact too.

4. Update the bathroom

Bathrooms are another critical area for buyers. Ensuring your bathroom is bright, clean, and up-to-date can positively impact your home’s market value. If you don’t want to install a brand new bathroom suite, consider replacing old fixtures, re-grouting tiles or upgrading key features like the sink to give the bathroom a fresh, clean look. Modern lighting and mirrors can also create a more appealing and functional space.

5. Create more space

One of the best ways to add significant value to your home is to add more usable living space, whether that’s through a loft extension to create an extra bedroom, a rear extension – perhaps to accommodate a kitchen-diner – or a garage conversion. However, while it can be highly lucrative, extending is expensive. If it’s not an option for you, think about how you can make better use of your existing space, perhaps by clearing a corner to become a home working space, or by converting your under-stairs cupboard into a downstairs loo.

6. Boost energy efficiency

Energy-efficient homes are increasingly attractive to buyers, and tend to command a higher price. First, check your home’s energy performance certificate (EPC) score. These are valid for 10 years but it’s a good idea to get a new one before you put your home on the market. It’ll make sure improvements you’ve made are reflected in your score, and it’ll help you identify strategic changes to boost it further. Projects like installing solar panels or adding insulation can make a big difference, but smaller ones like upgrading to energy-efficient lightbulbs sometimes nudge your EPC score into a higher category – which can also help.

For a free property valuation and professional tips on how to increase the value of your home, contact Carter & May today.