3 Easy Ways to Add Value To Your Home
Posted on: 28 September 2017 by John Bell
As we move towards retirement, many of us consider the prospect of downsizing. But before you put your home on the market, consider these quick and easy tips to add value to your property.
Downsizing is something many of us consider when we move towards retirement, particularly when children have moved out and the family home seems bigger than we need in our golden years. Not only is a smaller house more practical and manageable, but it also gives us the opportunity to release some equity in our property and help make retirement more comfortable.
Of course it isn't always easy to say goodbye to the family home, but it often makes financial and practical sense, whether you're living in a modest two-up, two-down, or one of these incredible (and extravagent) homes. So if you're one of the tens of thousands of people who consider downsizing each year, you might find these five tips useful; giving you quick and easy ways to add value to your property.
1. Curb Appeal
Many people spend a considerable amount of time and money focusing on the interior of their house, but it's always worth paying attention to how the house looks from the outside, as many people will decide whether or not to look at it from here. Think about how you could enhance the positive features of your house from the outisde, whether that's with a new paint-job or some improvements to the garden - you'd be amazed the difference you can make, and you really can add genuine value to the property by focusing on the exterior.
2. Upgrade the kitchen
The kitchen is one of the most important areas of the home, and is the room most likely to provide a strong return on investment when it comes to selling. Adding a new kitchen (or simply upgrading what's there) will likely cost you a tidy sum, but you should make this back with interest when it comes to the value it will add to the property.
3. Upgrade the batthroom
Although it's definitelt worth focusing on the kitchen first, the bathroom also offers excellent returns when it comes to adding value to your property. If you can afford to do both the kitchen and the bathroom then you'll likely see a strong return on investment. Keep in mind when you're redecorating or remodelling that you want to keep things neutral and not use any strong colours or polarising styles - you're not decorating for yourself, but for a potential buyer, so you want to appeal to as wide a market as possible.