Top 5 ways to add value to the price of your property

General   |   Sellers   |   May 3, 2022   |   Martin

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If you’re thinking about selling your property this spring, you’ll want to make sure you’ve done everything you can to get the best price for your property. 


There are a number of things you can do to increase the value of your property and make it more attractive to potential buyers. One way to add value is to renovate or update the property. This can include anything from painting the walls to remodelling the kitchen or bathroom. 

 

Another way to add value is by making energy-efficient upgrades, such as installing new windows or insulation. These upgrades can help to reduce utility bills and make the property more environmentally friendly, something that is very topical and high on the agenda for many of today’s buyers. 

 

Keeping the property well-maintained will help it to retain its value over time.  It could be a big job or minor changes. Either way, checking that you have added as much value to your property will help it gain a higher selling price.

If you are uncertain about what home improvements your property could benefit from, we’re always on hand to give advice and guidance. Some key factors that may indicate that your home needs improving include its current property value, how competitively it compares to other similar homes in your area, and how efficiently your space is being used.

By taking all of these things into consideration, we can give you advice on any home improvements that are needed or recommended in order to maximise the value of your property when selling. 

In the meantime, we’ve produced a quick guide to 5 ways you can add value to the price of your home and make it more appealing to buyers.  Remember, everything is in the preparation, so take time to consider these home improvement points before you decide to put your home on the market. 

5 ways to add value to the price of your property: 

1. Defects and repairs

Maintaining a property is essential for keeping it well-maintained and attractive, both for your own enjoyment and for any potential buyers down the road. That often involves small tasks like repairing minor defects or fixing broken fixtures, such as leaky taps or cracked window panes. Additionally, it may also involve tackling larger projects, roof repairs or sealing up holes that could let water into the property. Keeping your home in good condition will benefit you during your time in the property and help to ensure that you get the best price when you choose to sell it.

Remember that making these small efforts can have a big impact on the overall value and desirability of your home. With the right knowledge and tools at your disposal, there’s no reason why you can’t keep your property in great shape!

2. Loft conversions & maximising space

Converting space into another bedroom or flexible living area is a great way to add value to your property. Increasing the number of rooms can help ensure that you get the best possible price when you decide to sell, as more rooms typically means more value in the eyes of potential buyers. 

Maximising existing space is also important, as this allows homeowners to make the most out of their property and adjust it according to their changing needs. Whether you need an extra bedroom for growing children or family members, or simply require some extra space for work or entertainment, converting existing space is a simple and effective way to increase value and improve comfort in your home.

So if you are looking for an affordable way to boost property value, consider making the most of the space you already have by converting wasted or under-utilised areas into something that everyone can enjoy. Think home office too as that is hot on buyers’ wish lists at the moment!

 

3. En-suite bathrooms

Adding an en-suite to your property is a great way to boost its value and appeal. En-suites are generally viewed as luxury features, and they make a property feel more spacious and functional. Besides,  who doesn’t like having their own private bathroom space?

Not only does an en-suite add additional functionality and convenience, but it can also help transform a bedroom into a master bedroom by giving it a more spacious and luxurious feel. By making these small but important changes to your property, you will be able to ensure that you are getting the best possible price when selling.

 

4. Kitchen and bathroom updates

When someone is looking to buy a property, the kitchen and bathroom are typically two of the most important rooms. These spaces will likely be used very frequently, so buyers will be looking for kitchens that are modern and well-equipped, and bathrooms that are clean and stylish. 

As such, it is essential to pay attention to these rooms when you are working on property renovations or thinking about selling your home. Whether you need to redecorate them in order to create a more up-to-date look or make small fixes like repairing torn cupboards, it is key not to neglect these areas of your home. By doing so, you can help ensure that your property stands out and commands the best price possible in the current market. 

Furthermore, maximising the use of space in these rooms can go a long way towards making your property more appealing than those of your competitors. So whether you are preparing to list your property for sale or simply wanting to improve your living space, investing time and effort into the kitchen and bathroom should always be a top priority.

5. Spruce up your garden

A well-maintained garden can be a real asset, both aesthetically and financially. For property owners looking to sell their homes, a tidy garden can help to maximise the asking price. Buyers are always on the lookout for outdoor spaces that require little work, and a neat garden ticks that box so it is definitely worth taking the time to spruce up your outdoor space.

A beautiful garden can provide a great spot for entertaining or simply relaxing and it can add value to your property. So whether you hire a professional landscaper or roll up your sleeves and do it yourself, making an effort with your garden is sure to pay off in the long run.

Looking to sell in Salford or the Greater Manchester area?

If you’re planning on selling your property and unsure about what you need to do to maximise the sale price, let’s start with a free valuation. Using our in-depth local area knowledge and property insights, we’ll provide an accurate valuation of your property’s value in its existing condition.

Let us know if you have any questions, we’d be happy to help. Get in touch by calling us on 0161 707 4900 or email info@hills.agency 

 

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