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Top 10 Tips to add value to your home

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Top 10 Tips to add value to your home

National estate agent Strutt & Parker reveals its top 10 tips to help you increase the value of your home.

1. Extension

Adding an extension is the most costly outlay but could increase the value of your home by up to 20% by expanding the living area.

2. Kitchen improvements

The kitchen has become the hub of the home - creating a real asset by modernising or making it more open-plan can be hugely beneficial and help you achieve your target asking price.

3. Bathroom upgrades

The prospect of upgrading a bathroom may deter some buyers. So a new bathroom that needs no work can be prized asset.

Strutt & Parker, says: "Whether you're planning an extension or something less ambitious, one thing you'll need to consider is how much value you can realistically add to your home. If the most expensive home in your street sold for £500,000, it is unlikely that you will surpass it."

4. Adding a bath/shower room

Gone are the days of having one big family bathroom for the whole house. The number of en-suites and bath/shower rooms are key for most buyers. Installing in an en-suite or wet room, even in a small space, will increase the appeal of your property.

5. Landscaping the garden

Many potential buyers have green fingers, so having an attractive garden can make a difference when it comes to valuing a property.


6. Think about flow

Don't underestimate the flow of a house, if this means knocking down a wall or removing useless narrow corridors to make it more light and flexible to a potential buyer, it may be worth doing

Strutt & Parker advises: "The cost of renovating often runs over budget and can even spiral out of control so be prepared. The phrase most heard when doing up a wreck is: "It cost twice as much as I thought it would." Set yourself a budget and build in some contingency funding - 15 per cent of the total cost is a goodguideline."

7. Loft conversion

Expanding into the roof space could turn your two bed into a three bed and open up your property to a host of new buyers with higher budgets.

8. Go green

For an average home in the country, improving its EPC from the bottom band G up to E, or from band D to B, could add more than 14% to the value of your home.

9. Use your outbuildings

A shed in the garden can be turned into a useful addition, such as a home office or a playroom, which may be practical for buyers.

10. Upgrade windows

There is no point having a marvellous home if the basics aren't done properly, clean windows and replace old or broken ones to help achieve maximum price for your home.

Strutt & Parker concludes: "Altering your home can add value for a future move - especially improving the layout and flow. My advice would be to ask yourself what you really want - is it a lack of space, or are there other reasons for a change? If so it may be the right time to start looking."

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Latest Comments

HMO Midlands Landlady
HMO Midlands Landlady 24 May 2016

Tenants disappearing into the night is common from shared houses ( licensed and un-licensed HMO's) often when they owe considerable rent- they remove all their possessions, leave key in room and tell other...

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CommercialTrust
CommercialTrust 20 May 2016

With the bulk of the market controlled by large developers, profit rather than necessity determine the pace at which homes are built. There are hundreds of thousands of plots that have planning permission...

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Johna
Johna 20 May 2016

"Easier said than done" is what I would say. Of course, it would be more than great to have more in quality and affordability, but I do not trust talk anymore.. What is said is not what is happening.

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Johna
Johna 20 May 2016

in my humble opinion being fair like THE most important! I myself have had bad experience with unfair landlords... not to mention that I know how to do a proper end of tenancy cleaning since I am a fantastic...

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richardrawlings
richardrawlings 18 May 2016

NB - even if we doubled our commission levels in the UK, we'd still be by far the cheapest agents in the entire world.

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Agent_PeeBee
Agent_PeeBee 18 May 2016

Clueless. Someone needs to take these people's computers away from them so they can do no more harm than they already have.

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richardrawlings
richardrawlings 18 May 2016

Nonsense! The cost of selling a house nowadays has little bearing on the fees charged. Don't believe your own spin on this. Fees have spiralled down to pathetic levels in areas where weak agents have allowed...

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Simon Oliver
Simon Oliver 16 May 2016

The best solution is to buy a property that has built-in income generating potential: a nice house with a couple of gites in the grounds is a good start. In France, the rune of thumb is that one 2-bedroomed...

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WPD
WPD 12 May 2016

I suggest the answer is to have the notary system being one legal person who represents both parties. Having experienced it a couple of times in France it was a dream compared to our dysfunctional system....

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warren
warren 03 May 2016

It's enough to make me weep into my Pimm's :(

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james anderson
james anderson 03 May 2016

The sad demise of the croquet lawn...

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CommercialTrust
CommercialTrust 11 Apr 2016

".. the stricter lending criteria will reduce the amount of buy-to-let lending by 10% to 20% in three years’ time." The PRA was actually referring to cumulative approvals here. What they believe is that...

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