Top 10 Tips to add value to your home

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

SecomTech
SecomTech 19 Aug 2016

Firstly, I either lodge with DPS or do not take a deposit...secondly, If a tenant has not received a confirmation their deposit is secured with either a scheme or in an insured account with an agent/landlord,...

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jasonevans
jasonevans 19 Aug 2016

Belvoir has over 15 years of experience in property lettings, buying and renting and is one of the best agencies I know about. I have heard that they revived an award for the hard work. Really amazing...

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jasonevans
jasonevans 19 Aug 2016

Usually these areas are least affected when it comes to unexpected economical collapse.

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TheWaspNestRemover
TheWaspNestRemover 11 Aug 2016

You agree to pay for the treatment needed to get rid of fleas, ants, mice, wasps nests and other pests unless you can prove that these are a result of us not meeting our repairing responsibilities or these...

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madisonwelch80
madisonwelch80 02 Aug 2016

16% is quite a raise. Let's hope this tendency won't continue for long.

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madisonwelch80
madisonwelch80 02 Aug 2016

?66,963 is a serious price drop However buying a property it a serious investment only small percentage of the UK population could afford.

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madisonwelch80
madisonwelch80 02 Aug 2016

Wow, it kind of surprised me. I mean counting on mom and dad's bank even after retirement is too much. That's the moment in life when one should have ensured themselves. I am shocked.

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AbbieP.
AbbieP. 22 Jul 2016

"While house prices in the most expensive eleven boroughs have declined values in the cheapest eleven boroughs continue to rise" - not a nice way to even out the price range. London is overrated as it

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AbbieP.
AbbieP. 21 Jul 2016

And try to profit from your decisions, I may add

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CommercialTrust
CommercialTrust 19 Jul 2016

Retirement investment has always been one of the biggest draws of buy to let. And the buy-to-let demographic is, on balance, older. (Over a third of our applicants are over 50 at the time of application.) It...

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Forrest Wheatey
Forrest Wheatey 11 Jul 2016

I find the time perfect for ever home-owner wannabe. Prices should slowly, but steadily drop, at least for the inner buyer. Making it harder for outsiders to buy properties (the whole Brexit thing means...

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property guru
property guru 11 Jul 2016

Why should Ajay even have to be looking for it. It should be public knowledge. Why is not just publish each years and to were it is and be AUDITED. Accountability.

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