5 Ways To Increase The Value Of Your Home
The property market has somewhat slowed down over the last few years, with fewer people being able to afford to buy and instead opting for renting. With this, those selling their homes now need to be strategic when setting themselves apart from the rest. Making your home sellable is a skill. Although property demand will never drop entirely, it’s still essential to go that extra mile to avoid long listing times. The costs associated with having a property listed for a long time can often feed an inconvenient chunk into your finances. Consider implementing the following things into your home to increase its value and reach its profitable potential:
Freshen up the space
Before diving into the bones and floor plans of your home, have you considered the last time you redecorated? You’ll be surprised how many homes can increase their sale price by thousands of pounds, just with a simple tin of paint, and a fresh carpet. If you haven’t freshened up your home in the last 10 years, consider spending a day repaint some of the room in your home. Consider what a general home buyer might want, a fresh, clean slate to create their dream home with. Stick to white walls, perhaps creams if you find it too dull. Feature walls can work but be sure to not overspend on painting your walls, they may just need a day of family painting!
Have great insulation
Heating and insulation are imperative when prospective buyers are looking for a new home. For example, if you have just had a new boiler fitted, this might increase your home value and buying incentive. Buyers will often prioritise energy-efficient homes as it means lower running costs. Installing loft or conservatory roof insulation or upgrading windows to double glazing are great ways to add value and attract interest.
Create open-plan living spaces
If your home layout allows it, consider opening up your living spaces. Open-plan designs are incredibly popular, especially for families and buyers looking for modern living. Knocking down a wall between a kitchen and dining area, for instance, can make the space feel much larger and brighter. Just be sure to consult with a professional before making any structural changes to ensure it’s done safely and adds the value you’re aiming for.
Add a downstairs toilet
Adding a downstairs toilet is an often overlooked but highly practical improvement. Many buyers see a second bathroom, even a small one, as a must-have feature—particularly families or older individuals. Look for unused spaces, such as under the stairs, or convert a portion of a utility room. It’s a relatively low-cost upgrade that can make a big difference in your home’s overall appeal.
Add a parking space
If you have the space, creating off-road parking or improving an existing driveway can significantly boost your home’s value. Parking spaces are especially valuable in urban areas where street parking is limited or inconvenient. Converting a front garden into a driveway, for example, can make your home far more attractive to potential buyers. A clean, well-maintained parking area can give your property that extra edge it needs to stand out.
Bottom line
Selling your home in a slower property market can feel like a challenge, but a few strategic upgrades can make all the difference. Freshening up the space, improving insulation, and adding practical features like a downstairs toilet or parking space can boost your property’s value and help it sell faster. With these improvements, you’ll not only attract more buyers but also position your home to reach its full profitable potential.
