Inexpensive ways to increase your property value – top tips
Are you looking for inexpensive ways to increase your property value?
When it comes to the value of your property there really are a lot of impacting factors.
Local schools and facilities really affect the value of property in an area and these are not things under your control.The state of your road and your neighbour’s house will also affect house process and this is not something you can impact. The housing market is also sadly out of your control and really can determine house value in so many ways.
Does this all sound a bit doom and gloom – this list of what you can’t do in relation to impacting the value of your property?
Don’t worry there is still a number of things you CAN do to increase your property value – without having to spend a fortune too.
What to do first
I would suggest you begin by looking at the current value in your home. A really speedy way of doing this is to use this simple equity release tool to see if your home has gone up in value since you bought it and assess it’s current worth. It is so easy to use, you simply pop in your postcode.
Once you are armed with this information you can now set to work increasing your property value.
Simple ways to increase your property value
- Make sure your door looks great, clean, a working doorbell, clear house number and shiny letterbox. Give it a quick paint refresh if needed – this is a buyers FIRST impression.
- Create parking space if at all possible. maybe you could have the council drop the kerb outside your home so the front garden could be used for parking. This costs from £600-£100 but may well be worthwhile investing in if parking is in short supply near you
- Increasing kerb appeal means mending/painting/varnishing form fences, mowing your front lawn, hanging a basket or two and maybe arranging a few flowery and pretty window boxes. A nice looking home is really appealing.
- Inside you want to maximise space as much a possible so potential buyers feel they are getting a lot for their money and one great way to do this is to have a huge declutter. This makes life easier when you do move too.
- You could so consider moving out some furniture whilst your house is up for sale so your space is fully maximised,
- Making your home as light possible increases it’s appeal too and sense of spaciousness. Think clean sparkling windows, lots of mirrors, and clear, uncluttered surfaces.
- Having a paint through your home will instantly make it look newer and fresher too and can be cheap if you do it yourself and rope in some friends with the promise of pizza.
- New kitchen cupboard doors and/or worktops can be a really impactful way to update your kitchen without changing the carcasses.
- Fix EVERYTHING! and if you cannot do it yourself get a handyperson in to do it for you. Broken things make prospective buyers worry that they will need to spend time/money straight away.
- Consider replacing carpets that are soiled/frayed – fresh carpets make a huge difference to a home and don’t need to be expensive to make an impact.
- Stage your home when you sell it – so every room has a purpose, looks fresh (think colourful, glossy fresh flowers and fruit) and so the temperature and scent are just perfect.
- Make your garden over so it looks really manageable and pretty. Gardens are a key selling point.
- A super clean home shows it off to its absolute best advantage and elbow grease is free.
- Consider replacing heavy curtains with light ones- again to maximise space.
- If you have a garage then make sure it’s possible to see that a car could fit in as this again adds great value to your potential sale.
Hope you found my tips useful! There are inexpensive ways to increase your property value and it IS in your control.
Did you enjoy my post on inexpensive ways to increase your property value – if so you might also like my post on the golden rules of property investment