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How To Add Value To Your Home

How To Add Value To Your Home

If you think that adding a swimming pool to your home will increase its value then think again.  In fact a swimming pool could even detract from the value of your home and result in it being worth even less after you have paid a significant amount to have that state of the art swimming pool installed.  So what will add value to your home?

Increased Floor Space

Increased floor space is a good way to increase value to your home.  This could be through adding on a conservatory, through an extension, through a loft conversion or through converting a garage into additional living space.  But (and this cannot be emphasised enough) always ensure that you have all the appropriate Building Regulations Approvals, or Planning Permissions.  If you simply go ahead and build, without the requisite consents, then you will find that when you come to sell your home, you will not be able to.  However, if you do it properly, if you ensure that you convert the space well, then you will add value to your home.

A Second Toilet

A second toilet can be really useful, especially within a family home, so that in the morning, when you are all desperate to get out of the house on time, you are not having to queue for the toilet.  If you can install a second shower then this is even better, since otherwise you will still find potential buyers deterred from having just one family bathroom.

A word to the wise though; en suite bathrooms are often a real pull for the guys.  They love the idea of just rolling out of bed and into the toilet/shower etc.  Well women often don’t like to have their man in the very next room, undertaking toileting activities whilst she is trying to sleep.  So en-suites may have been the darling of the 90’s, but they are pretty old hat now.  So put the second toilet or shower in somewhere else!

Go Green!

Anything that you can do to improve the sustainability of your home will increase its value.  But before you rush off and install wind turbines, this could simply be about installing washing lines or a new boiler!

Increased Storage

Unless your potential buyers are great at being minimalists, nearly every home requires some form of storage.  So if you have an area under the stairs or beneath the immersion, why not think about making it into storage and this will help increase value.

Keep It Impersonal

If you want to make your house the one that flies off the Estate Agent’s shelves, then make sure that it is a blank canvas on which people can stamp their own individual personality.  Neutral colours, few photographs, no toys cluttering up the place and no dirty dishes around will not transform your home into a millionaire’s pad, but if your house and the house two doors up are for sale and yours is nice, neat, tidy and neutral, whereas the house two doors up is scruffy and highly personalised, then yours will sell, but the other house will not.  In a sense that is all that matters because a house that sells is worth a great deal more than one that doesn’t!