Increase the value of your property with these upgrades.
One way to make money on your property is to upgrade it rather than relying that the market will continue on an upwards trend. Many people are put off by carrying out work in a property so a premium is often placed on a property that is in excellent condition. Improvements can range from a refresh to a complete overhaul. We have listed a few different options to give you some inspiration.
1. Apply a fresh coat of paint.
Painting is simple. It will brighten the property up and give it a fresh new look. Choose a modern colour such as an off-white grey as opposed to a cream, and this will immediately improve the look of your home. If you live in a house, changing the colour of your front door will immediately smarten it up and improve its curb appeal.
2. Build storage.
Most people complain that their home does not have enough storage. For shoes, suitcases or sporting equipment. Creating more storage will be a real draw, especially if you are clever with the space such as under the bed. Fit shelves and choose floor to ceiling wardrobes to maximise the property’s space.
3. Upgrade the kitchen and bathroom.
Fitting a new kitchen or bathroom is a big job. However this is one of the best ways to add value. A new slick bathroom or kitchen creates a real wow factor and many people will be lured by this. The increase in value will be substantially more than the outlay. You can also cheat by replacing only some of the fittings, such as the taps. Follow these tips to upgrade your kitchen.
4. Make the property presentable.
Dressing a property will make it easy for people to imagine living in it. Imagine each room is a hotel, and people will be quickly lured in and excited by its presentation. Add accessories using the latest interior trends, furniture that suits the property and even make the beds. There is good reason why developers always dress their show home, and you should apply this ethos to your property.
5. Make the most of any outside area.
It is easy to ignore any outdoor space, but make this into a usable space and it is another room to live in. If you are stuck for ideas how to do this, follow our online guide here.
6. Take a step back.
If you have lived in the property for sometime you may not notice the dangling wires, the scuff marks on the wall or the discoloured flooring. Take a step back to see what improvements could be made for a tidy up. Upgrading a light fitting or removing some dated artwork are small changes, that may dramatically improve the look of the property.
