Ways To Improve Property Value - Ways To Improve Property Value
Sales September 26, 2020
     

Ways To Improve Property Value

Whether you are looking to sell your home or not, you should always consider ways to improve the value of your property value. If you plan on selling your home to capitalise on the stamp duty holiday, you will want to act soon.

However, if you are taking the long-term approach, you can make changes around the house which will hopefully help you enjoy a greater return.

We can help you sell your home

At Harpers, we are pleased to provide you with a property valuation. This step is an integral one in the sales process, and it provides you with a lot of useful information which helps you make an informed decision.

When it comes to home improvements which add value, you will find there are many changes you can make at home.

According to research carried out by the Tap Warehouse, upgrading your kitchen and bathroom can improve the value of your home by 10%.

With the average price of UK home’s standing at £235,298; this represents an increase of £23,529. This would see the house value move up to £258,827.

What is the value of your Wendover home?

According to Zoopla, as of the start of September 2020, the average price paid for property in Wendover is £489,933 and the average value of property is £494,508. 10% of this sum is £49,000, which means adding 10% would lead to a value of around £550,000.

Desirable features in the kitchen include:

  • Spacious and modern storage units

  • Island or breakfast bar

  • Glass doors leading outside of the property

Desirable features in the bathroom include:

  • Good quality tiles and grouting

  • A stand-alone bath-tub

  • A power shower

Four top tips from the experts at Tap Warehouse are as follows:

  1. Clean the grout on your tiles or re-grout the tiles – which will result in the bathroom or kitchen looking newer than it did before

  2. When decorating with selling in mind, opt for neutral colours, as this will help you appeal to more prospective buyers

  3. If you are looking for an affordable way to upgrade the style of your kitchen or bathroom, you will find upgrading the taps is a great idea

  4. Any homeowner who cannot justify the cost of a breakfast bar or kitchen island should consider buying a standalone unit

Tom Drake is a DIY specialist at Tap Warehouse, and he said; “Bathrooms and kitchens are two of the most expensive rooms to renovate, so poor quality in either of these is likely to give buyers the perception they'll need to invest a lot of money on renovations.”

Whatever changes you choose to make at home, it is vital you carry out sufficient research.

Tom also said; “However, if you make the investments yourself before you place your home on the market, you’re more likely to increase your profit. After consulting with property professionals, we uncovered that investing into the kitchen and bathroom can increase the average house value by 10% (£23,529). In our experience it's often the smallest details that can dramatically improve the perception of a home. Simply installing a new tap or a modern shower can completely transform an entire room.”

We know this is a challenging time, and for many households, the thought of buying or selling property is far from their mind. However, we also know many people are keen to keep themselves entertained, and some people may have property market issues. If we can be of any use to you, please contact Harpers Estates, and we will be more than happy to assist you.

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