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

Tony Gimple
Tony Gimple 09 Dec 2017

Linking professionalism to limited company borrowing is a flawed concept. Despite S24 etc., limited companies are the most tax inefficient way of running a property business and leave borrowers seriously...

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

It's normal. If you plan to buy a house in one of the most beautiful spots in the country you should pay a high price.

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Evelyn Attwood
Evelyn Attwood 01 Dec 2017

I think that the situation will be the same at December.

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Scott Garnet
Scott Garnet 06 Nov 2017

If you have a patio or a porch it is important to make sure that any connecting doors are secured. Good advice for sliding glass doors is replacing the panels with storm resistant glass and getting heavier...

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richardrawlings
richardrawlings 01 Nov 2017

What has not been mentioned here is the effect of not only higher interest payments, but also that these payments are less likely to be offsettable as a business cost due to the scaling back of mortgage...

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Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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