The financial interest in owning your own home is significant. Nobody wants to sell their home at a loss when it’s time to move on, and these seven top tips shine a light on the best ways to add value you to your home and increase your profit margin when looking to sell.
Tip #1. Resolve structural problems
It’s important to get your house in good structural order when looking to add value. You may not be able to see structural issues, but they’re sure to show up on a survey.
Top structural problems to look out for include:
- Leaking or sagging roofs
• Cracks in walls
• Rotten roof joists or timbers
Companies are often called out to replace damaged rooflines that could potentially cause larger problems over time. Replacing faulty rooflines with watertight, durable ones is a sensible way to add value to your home.
Tip #2. Address superficial issues.
While superficial problems won’t severely affect the value of your home, they may stop you getting the full asking price. Often relatively cheap to resolve, it’s worth addressing them before putting your house on the market.
Fixing issues such as ill-fitting doors and rattling windows, loose tiles and replacing mouldy sealant will reassure potential buyers of the good condition of your home.
Tip #3. Refurbish the front door
Your front door is the first opportunity you have to win potential buyers over. If it’s sticking, scratched or peeling, think about refurbishing it or replacing it with a fresh one. A good example is Everest’s Our House Beautiful range of doors, which create a great first impression, ensuring style, safety and durability.
Tip #4. Replace or repair windows
If your windows are starting to look dated or have become damaged over time, replacing them with modern, energy-efficient ones is a sound investment. However, if you own an older, character property, it is important to treat windows respectfully rather than ripping them straight out. If they can’t be repaired, replace them with high-quality like-for-like windows to keep your home’s sought-after period charm. Make sure you use an experienced company like Everest windows who generally have the best aggregated reviews.
Tip #5. Add a conservatory or orangery
Orangeries and conservatories are known to add more value to your home than their original cost, making them a great way to increase its overall value. They come in many different shapes and sizes, so whether you have a small or large space to play with, you’re sure to find a style that suits. Classic styles include the Edwardian, Cheltenham and the York.
Tip #6. Improve kerb appeal
Kerb appeal should never be underestimated. Potential buyers are looking for the smallest signs of wear and tear as soon as they pull up at your address, so make sure the following issues are addressed before they arrive:
- Damaged gates or fencing
• Peeling paint or damaged brickwork
• Broken cladding
Generally easy to repair, they will impact first impressions of your home, and shouldn’t be ignored.
Tip #7. Bring the outside in
Making your home as light and airy as possible is an excellent way to add value easily. Think about replacing wooden doors with glass ones. Outdoor lighting is another great way to create a sense of cohesion between outdoor and indoor spaces.
By taking note of these handy tips, you’re sure to maximise the value of your home whether you’re looking to sell or simply wanting to improve its look and feel.