How to add value to your home in 2021

If you are selling your home, or even considering doing so in the future, one of the first things you want to do is make your sale as profitable as possible. As with any investment, the goal is to make a profit from your purchase, and your home is no different. But, how do you do this?

We have been advising clients on how to maximise the value of their property for over 20 years, and in that time we have picked up a number of tips that will add a few more pounds to your property sale.

How to increase the value of your home

Upgrade and modernise your kitchen

If your kitchen is looking a bit tired and dated now is the time to look at replacing it. In fact, according to Magnet, a new kitchen can increase the value of your home by a staggering £20,000. This shows a kitchen re-fit is certainly worth your time and money. 

Loft conversion for maximum value increase

If you have a large loft which is being used as a junk room or storage space, you have the potential to add a lot of value to your home.

By adding a bedroom and bathroom as a  loft conversion, you could be increasing your house value by over 20% which for a larger house especially can mean a significant uplift. These conversions are not cheap however the increase in value is certainly worth it if you are looking to sell.

If your house is old, make sure you modernise the plumbing and wiring. This will not only increase the value of the property but will also ensure there are no faults in either system. Some faults may not be apparent until a property survey. Therefore, it is better to get it done before you put it up for sale.

Consider fitting a conservatory/sunroom

If you have the space to do so, installing a conservatory or a sunroom is a great way to add value to your property.

Even if you aren’t intending on selling straight away it is a great addition to any house, as it gives you that extra bit of space. It becomes a room where you can truly enjoy the sun, without physically having to sit outside. Perfect for those cold, sunny, winter mornings.

Fix any structural issues

This can potentially be one of the pricier improvements to your house to increase its value, however it is also one of the most important.

As you may already know, before each house sale, a surveyor will visit your property to conduct checks. So, any potential structural issues will be picked up then which could mean either a large reduction in your house price or an expensive repair bill.

To stop this from happening arrange for your own survey to be carried out to check for any structural faults. 

Create an open-plan room/s

A big draw for potential buyers is space. The airier and bigger the space, the more your property could be worth.

So, now is the perfect time to knock through that wall and make your kitchen/dining room/lounge etc open plan. 

Painting and decorating

It’s amazing how a fresh coat of paint can refresh and revitalise a property. Simply by painting the walls, filling in any holes or cracks and completing small DIY tasks you can transform a house.

A tired, dilapidated property is likely to go for less money as potential owners see a project rather than a home. Therefore, a bit of maintenance and decorating will go a long way to help increase the value of your house.

Install a home office

With remote working becoming the norm for a lot of companies due to effects of COVID-19, home offices have become a more popular and attractive asset.

If you have already have the space, you could turn one of your rooms into an office. Alternatively, you can also build an outside cabin-style office building which on average start from £4,000 for a basic one.

Don’t forget the garden

The house itself is a big part of the value of the house but don’t forget the grounds it sits on.

Make sure you tidy up the garden, remove any weeds, trim the hedges and replace any broken fencing. A potential buyer will look at everything and if the garden is cluttered, not only will it look smaller thus reducing the price, but it could also put potential buyers off.

A large, spacious garden is a big plus for many buyers, especially those with kids.

How we can help

Whether you are looking to sell now, or in the future, these are some great ideas on how you can increase the value of your home.

As leading, local estate agents in Newbury, Didcot, Lambourn / Hungerford, Marlborough, Devizes and the surrounding areas we are best placed to help you sell your property. We can even help you in finding your next home.

By offering a personalised service we can tailor the sale and timeline to your requirements as we don’t believe the “one size fits all” approach, works in this industry.

We are also very transparent with a clear sales process, so you know what to expect. This is especially useful if this is your first time selling a house.

Contact us today to find out how we can help you sell your home and how you can get the best value from your property sale in 2021.