3 Smart and Proven Tips to
Increase the Value of Your Property
Whether you need to relocate for work-related reasons or need to move to an area with lower costs of living, you’ll likely need to sell your current property first. However, it takes more than just listing your home for sale to achieve the desired results. After all, several factors can affect its desirability and worth in the property market. And we have very little control over most of these factors.
But that doesn’t necessarily mean that we can’t improve the value of our homes. Even if factors like community and location are out of our hands, there are other areas that we can work on to make it more appealing to aspiring homeowners and prospective buyers without breaking the bank. To this end, here are a few smart and proven tips to increase the value of your property.
1. Make your home energy-efficient
It’s easy to see why energy-efficient homes are always desirable in the market. When you get right down to it, not only do their owners enjoy lower costs of living since their electricity usage is kept at a minimum. But it’s much better for the environment too. As such, it makes sense to do the same and give your home an upgrade on energy-efficiency. From switching your lighting system to LED to investing in panels from solar Cheshire firm Atlantic Renewables, making your home much more energy-efficient will pique the interest of more buyers. And help you secure a favourable deal, as a result.
2. Give the property a little curb appeal
Looks may not be everything, but it’s usually an excellent indicator of homeownership. As such, it makes sense to add some kerb appeal to your property before you put it up for sale. From having some basic landscaping done to retouching the paintwork of the house’s exterior, any investment of time, money, and effort in making your home look as good on the outside as it does on the inside will pay dividends in boosting its overall value.
3. Add some square footage if possible
There’s no denying that many homes are priced based on their square footage. And if there’s enough money in the bank, it makes sense to add a little more space if possible. The addition of a separate guest suite or bedroom might sound like a considerable commitment of financial resources. And while this may undoubtedly be true, doing so will give you an excellent talking point to drive the cost of your property up and stick as close as possible to your asking price.
Contrary to what some might think, boosting the value of a property is neither a simple nor straightforward affair. In actuality, it’s a tricky process that can require just as much time as it does money. But with these tried-and-true tips, not only will you generate positive exposure for your house. But you’ll also achieve the desired numbers when the time comes to sell.