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

ChristinaReedUK
ChristinaReedUK 20 Jun 2016

I don't understand why it's always a war between the two sides. Either, way the landlord is probably keeping a detailed inventory and will see the changes you've made. I just don't understand why there...

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NathanGreen
NathanGreen 16 Jun 2016

Seeing that the tenants are quite satisfied with their landlords and the properties is indeed great. I wonder, though, what is the situation in London alone? The tenants face sky-high rent levels in the...

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AndiMur
AndiMur 15 Jun 2016

TheGuardian published the same forecast. But on the other hand, professional brokers express different opinions. According totranio.com, an exit from the EU would not affect the demand/supply imbalance...

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Gary Holmes
Gary Holmes 14 Jun 2016

Having a professionally completed inventory at check-in and check-out is clearly (to me at least) of minor value. Tenants make un-authorised modifications and/or walk off with items that belong to the

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Violet Gibson
Violet Gibson 14 Jun 2016

Cautious people think buying off-plan is reckless, but over the past few years investors have literally made fortunes.Pre-release prices have obvious benefits for the developer, who gets instant finance...

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Kate Windleton
Kate Windleton 14 Jun 2016

An interesting research indeed. I guess that is in complete contrast with the United States where people often move from one coast to another. It will be interesting to hear the trends for people moving...

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NathanGreen
NathanGreen 14 Jun 2016

I think it all depends on the market conditions and how well your company is doing. You will agree that you can't demand more when you're killing yourself just to hang in there. Sometimes you need all

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ChristinaReedUK
ChristinaReedUK 13 Jun 2016

What does "detecting a bad vibe" mean actually. I've had certain vibes like these and yet have always found a reason , if there's any, why I don't like a certain property. The property maintenance might...

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keybanks estates
keybanks estates 08 Jun 2016

Great News for first time buyers, about time two!

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NathanGreen
NathanGreen 07 Jun 2016

I agree with #6 - you should maintain your garden according to the target buyer. One thing is universal, though - cleanliness and order. Having the yard clutter-free and clean will help people who do enjoy...

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NathanGreen
NathanGreen 06 Jun 2016

I will always say that London is overrated. Sure it is the capital, but it's too stuffed in there. It's more of a business city to me.

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Paul
Paul 25 May 2016

Estate agents are pathetic when it comes to fees. They have this 'I had to do it at 1% because that's what the others were quoting' mentality. We are the most expensive agents in our area, charging double...

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