Simple Tips for Updating Your Home: How to Increase Your Property Value by £46,900.
Look Better at Home in No Time
According to The Sun: Today's calm day is the perfect moment to give your home a little care to make it look stunning.
We reached out to five leading real estate experts to learn about inexpensive and simple improvements you can make today to add up to £46,900 to your property value.
GettyThe online property sales site Rightmove predicts that 1.15 million homes will be sold this year, so if you plan to sell in the near future, it's worth taking care of your property.
Even simple improvements, such as a fresh look for your furniture or changing the name of your property, can significantly increase its value.
Five Simple Ideas for Enhancing Your Property
We based our calculations on the average property price of £269,000, considering the latest data from the Land Registry, to estimate how much each of these tips can increase your property's price.
Renaming Your Home: An Extra £9,000, Costs £40
AlamyTom Evans from the online agency Purple Bricks believes that a simple way to increase your home's value is to give it a name.
“Just by adding 'The' to your house name, you could gain approximately £9,000 in added value,” says Tom.
Why not make your home more appealing by naming it “The Rose Cottage”? To change the name of your property, you will need to contact your local council, so be sure to inquire about the costs involved.
Add “Staging” Details – Adds £5,380, Costs £10
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If you've watched property shows like Selling Sunset, you know about home “staging”.
“A house that smells of cleanliness, freshness, and coziness can look more homely and positive,” says Tom.
Very simple details – flowers and pleasant scents – can help attract potential buyers.
At an amount of £269,000, your home can receive a value boost of £5,380. Use fresh flowers from your garden or create your own air freshener.
Get Rid of Colored Walls – Adds £4,000, Costs £10
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Your favorite bold colors might not appeal to potential buyers.
“Stick to a neutral palette to appeal to more people,” advises Tom.
Neutral tones help visually enlarge the space. For example, light colors make rooms feel more open.
Updating Your Furniture – Adds £8,070, Costs £150
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Updating your furniture not only gives it a fresh look but also increases the value of your home.
“Attention to worn furniture can add up to 3% to your home's value,” notes Upstix.
Updating Cabinets – Adds £20,450, Costs from £8.70
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The kitchen and bathroom are rooms that buyers scrutinize particularly closely since full replacement is costly.
“You don’t need to spend thousands on a major update – you can brighten up your cabinets,” says Claire Hill.
Changing cabinet handles can significantly change the look of your kitchen or bathroom, which can add up to £7,000 in value.
So, if you're planning to sell your property, it's worth paying attention to these simple and affordable improvements that can have a significant impact on value. By using expert tips, you can not only increase your property's price but also make it more appealing to potential buyers.
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