Looking to sell your home? Want to maximise your home’s price and attractiveness to buyers? It can be challenging for sellers to choose the best improvements for the greatest return. This is particularly the case for sellers on a budget. While updated kitchens, extensions and conservatories are considered some of the best improvements for adding value to your home, these large projects can be out of reach of many sellers. However, there are a number of budget-friendly options that can help sell your home. Here are our top 3 home improvements to add value.
Top 3 Home Improvements to Add Value
While adding square footage is most guaranteed to give you a great return on investment, new extensions and conservatories are impractical for many sellers. If you are on a budget, there’s plenty you can do to increase your home’s value. For instance, focus on kitchens and loos. An entire remodel of these rooms is rarely necessary. However, an modest ‘facelift’ can have a very similar effect while spending considerably less. Moreover, choose projects that offer excellent value for money like our top 3 home improvements to add value:
1. New paint
Firstly, freshen up the paint. One of the simplest and most effective ways to prepare your home for sale is a new interior paint job. Your goal is to present buyers with a ‘blank canvas’, and allow them to imagine themselves making the space their own. Avoid very bold colours that can leave buyers with the perception that there is work to be done. Instead, go for more neutral colours. Subtle greys, whites and creams are sound options as well as lightly tinted pastels.
2. Update fixtures and fittings
Secondly, update fixtures. New lighting, including the simple addition of higher quality lightbulbs, can drastically improve the look and feel of a room. Likewise, modern door handles and cabinetry hardware can refresh a room with limited time and expense. Similarly, new taps or a replacement bathroom cabinet can transform the room without a full re-build.
3. Refurbish flooring
Finally, refurbish wooden flooring. As with new paint and fixtures, updated flooring is a relatively inexpensive way to add value to your home. However, while you may love carpeting experts suggest new wall-to-wall carpeting may not give a great return on investment:
“Carpeting is expensive to purchase and install. In addition, there is growing concern over the healthfulness of carpeting due to the amount of chemicals used in its processing and the potential for allergens (a serious concern for families with children). Add to that the probability that the carpet style and color that you thought was absolutely perfect might not be what someone else had in mind.
Because of these hurdles, wall-to-wall carpet is something on which it’s difficult to recoup the costs. Removing carpeting and restoring wood floors is usually a more profitable investment.” ~ Forbes, 6 Things You Think Add Value To Your Home – But Really Don’t
Indeed, UK property expert, Phil Spencer, suggests that refurbishing any existing floors is an excellent way to add value to your home.
Other Important Considerations for Adding Value
In addition to our top 3 home improvements to add value, there are several other low-cost measures you can take.
One, pay attention to your home’s curb appeal. Your home’s exterior is the first thing potential buyers see. Spruce up the front of your home by painting the door and washing away any accumulated dirt.
Two, freshen up the garden. Pull weeds, cut the grass and trim the hedges. Think minimalism. There is no need to over-landscape exterior spaces. While garden-lovers will want to make the space their own, others will want low-maintenance. So, make it tidy and inviting – there’s no need to go overboard!
Keep it clean
Lastly, scrub your home from top to bottom. Gleaming windows, pristine surfaces and a dust-free environment put buyers at their ease. Fresh, clean rooms allow buyers to focus on the space around them, rather than on distracting smells or stains. When it comes to preparing your house for sale, a proper cleaning goes a long way.
Are you selling your home and considering refurbishing your wooden floors? Simply Sanding floor sanding specialises in the refurbishment and installation of wooden floors. As the premier floor sanding Essex firm, we have the skills and expertise to get the job done right. Contact us for a free, no obligation quotation!