How To Increase The Value of Your Home

By Truffle Mortgages

February 21, 2023

As a homeowner, you might be thinking about ways to increase the value of your home. Whether you’re planning to sell your property soon or just looking to improve the overall value, there are many ways to increase your home’s value. Within this article, we discuss some of the most effective methods for increasing the value of your home.

How To Add Value To Your Property


1. A Deep Clean

Before making any major renovations or upgrades, it’s essential that you start with a thorough, deep clean of your home. This includes decluttering, organizing and thoroughly cleaning every room, including the windows and carpets. A clean and tidy home creates a great first impression and can go a long way in increasing the value of your home.

2. Improve Kerb Appeal

Your home’s exterior is the first thing potential buyers will see, and it’s important to make a good first impression. Improving your home’s kerb appeal can be as simple as repainting the front door, adding new landscaping or pressure washing the exterior of your home. B&Q have a great guide on improving your home’s kerb appeal if you want to see more ideas.

3. Update The Kitchen

The kitchen is often considered the heart of the home and upgrading it can be a great way to increase the value of your home. Therefore, you may consider updating your worktops, cabinets, appliances and other features.

If the upgrade to the kitchen requires a lot of capital, you may want to consider a home improvement loan to help fund the upgrade.

4. A Lick of Paint

A fresh coat of paint is an easy and cost-effective way to give your home a new look and feel. Ideally, you’ll want to choose neutral colours that’ll appeal to a wide range of buyers, such as beige, grey or light blue. This can make your home feel more modern and a fresh coat of paint can make it look cleaner and brighter.

5. Upgrade The Bathroom

Bathrooms are another important room to consider when increasing the value of your home. Consider upgrading your shower or bath, adding new fixtures or updating the tiling. A fresh coat of paint can also work wonders and adding new lighting can make a big difference.

6. Energy Efficient Improvements

Many buyers are looking for homes that are energy-efficient, so consider making upgrades that’ll save you money on your energy bills while also increasing the value of your home. Upgrading to energy-efficient windows, adding insulation or installing a programmable thermostat can all make a big difference.

7. Improve Outdoor Living

Outdoor living spaces are becoming increasingly popular, and adding decking or a patio can be a great way to increase the value of your home. This is because it provides a space for outdoor entertaining and relaxing, which will certainly make it more desirable. We spoke to local to us Assured Electricians, and they shared that numerous homeowners are exploring the use of decorative garden lighting to enhance the visual appeal of their properties and increase their overall desirability.

8. Install Smart Features

Smart home technology such as smart thermostats (as mentioned above), outdoor security camera systems and lighting is another great feature that’s worth considering. Adding these features can make your home more efficient, secure and convenient for potential buyers.

9. Open Floor Plan

Many buyers are looking for homes with open floor plans because this provides a sense of spaciousness and flow. If your home has small or closed-off rooms, you may want to consider removing walls to create a more open concept.

10. Get Professional Help

Finally, if you’re serious about increasing the value of your home, it’s worth considering getting professional help. For example, an estate agent can provide valuable insights and advice on what upgrades will have the most impact on your home’s value. They can also help you determine what updates are worth the investment and what changes you can make to your personal budget.

How Do You Get A Valuation of Your House?

If you are yet to make any improvements to your house, using an online tool such as Zoopla is a great way to give you an estimate. The online tools basically work by using data such as recent sales in your area as well as the property’s size and the number of bedrooms.

However, if you’ve made improvements, you may want to consider asking a local estate agent because they’ll be able to provide an accurate valuation. Other professionals you could ask include chartered surveyors or even companies that offer independent property valuations.

Conclusion

Increasing the value of your home requires a combination of small updates and major renovations. Hopefully, our ten tips to increase the value of your home have given you some ideas to put to use.

However, if you require further information, feel free to get in touch, and we will try to provide our assistance where possible.