When it comes to personal investments and purchases, then the family home is the biggest one most people ever make. As such, it always makes financial sense to do everything you can to maximise its value, particularly if you are thinking of putting it on the market.
However, it also makes sense on a more personal level. Home is where families are formed and memories are made. Let’s take a look at some simple upgrades that will add value to your home, without demanding huge investments of your time or money.
Care and maintenance
Approach your home from the perspective of an outsider and you will soon see plenty of very basic things that substantially improve the overall appearance of your home, and can add up to a significant impact on its overall value.
How many little jobs are there that you have been meaning to get round to for months? That broken gate latch and flapping downpipe could both be fixed in the space of an hour. While you are outside, remember that a tidy garden with well-trimmed hedges makes a big impact on first impressions.
Look at energy efficiency
If you are thinking of putting your house up for sale, then there is no doubt that potential buyers will want to know how energy efficient it is. Even if you are not planning on moving, it can only help your finances in the long-term if you look at ways to improve energy efficiency now.
Home insulation is the best place to start, but before you do anything, it is worth checking whether any government grants are available to help you with the costs.
Another possibility to consider is the installation of solar panels. These can reduce your electricity bill significantly, and recent advances in technology make them both cheaper and more efficient than ever.
Kitchens and Bathrooms
Kitchens and bathrooms are the most functional rooms in the house, and are places where we all spend plenty of time. Anyone in the property business will be quick to tell you that they have a major impact on property values.
In fact, a recent survey by rightmove found that a dirty bathroom was the single biggest turn-off for potential house buyers. So before you start tearing out all the fixtures and fittings, the first step on the road to improvement is to put on some rubber gloves and start cleaning!
Once you have a better view of how everything really looks, some basic enhancements like replacing tired-looking fixtures and fittings can work wonders. A browse through www.betterbathrooms.com gives you a good idea of what can be achieved for very little expenditure.
Don’t forget to look down
Whatever else you do, no room will look its best if it is let down by stained and worn carpets. This is another big issue if your property is up for sale. Any potential buyer who sees a tired looking carpet, will start the mental calculations of what they need to knock off the asking price to cover the replacement cost.
Yet nine times out of ten, a deep clean with a proper carpet shampooer will work wonders and leave it looking like new.