If you are thinking of selling your house anytime in the next few years, you might well be thinking of the various things that you can do to improve the value of your property to give you maximum profit or more money to purchase your next house.
There are two important things to remember when planning improvements to your property. The first is not to spend more than necessary. If you improve a house to the point where you would have to put a sale price that is much higher than the rest of the neighborhood to make it worth the investment, you risk making your house unsaleable. No matter how amazing your home is, it will always be affected by the value of the surrounding properties.
The second thing is to make sure that any work carried out is done by a professional, or at the very least to a professional standard. There is a time and place to practice your DIY skills, and this is not one of them. Don’t forget to keep any paperwork and receipts relevant to the improvements to shoe your estate agents and any would-be buyers.
The more, the merrier when it comes to bedrooms, as long as they are a semi-decent size. Some people decide to convert their garage, but this can be a selling point of a house, so be careful. Others go up and convert a loft. This is usually one of the easier ways of doing it, as long as it’s structurally sound, you have the appropriate planning permissions in place, and you have done things like have any bat surveys from Arbtech. The last point is especially crucial if you live in an older property, which is more attractive to nesting bats.
You can probably forget selling your property if you have old, draughty windows. It can be a pretty expensive job, and no one wants to think about doing that as soon as they move in. Replacing old windows, especially with double glazed units, can more than pay for themselves when it comes to selling your property, as long as they are done to a high standard. If you are changing the windows in a period property, make sure that they are in keeping with the rest of the house and do not use UPVC in a property that would have had wooden frames – it will knock a considerable amount of value off it.
Off-road parking is a desirable feature, particularly in busy city areas, as it tends to lower car insurance premiums, so if you have not already got somewhere where a car can be safely parked away from the road, try to incorporate one. This might be a garage, a carport, or converting a front garden area into a driveway.
If you are planning to sell your home, remember that there are all sorts of ways to make it more attractive to buyers, which won’t necessarily result in a significant outlay of cash. Sort out any minor odd jobs – like broken roof tiles; clean up around the outside of your home; remove clutter and give the rooms a lick of paint.