There are a number of refurbishments that can provide the additional comforts anyone would expect from their homes, while also increasing your home’s value. Some aren’t particularly costly or strenuous, and some will need planning approval. It isn’t the length of the work that proves it’s value, but the impact it has on untapping the potential of your home. When you’re next ready to make some changes and invest in a contractor – or some DIY – consider the following value-boosting refurbishments.
Decorating your property, particularly if you have plans to either rent or sell, can be more impactful than you think. While future buyers may not hold on to small superficial quirks and imperfections, they do like to be able to visualise themselves in your home. Symmetrical, clean and fresh paintwork, level flooring and the covering of superficial cracks all contribute to the impression of a home’s value. This isn’t limited to the interior, first impressions are important and a touch up of paint to the facade of your home can increase its value – one less thing for a buyer to do.
Depending on the scale of work required, it may be worth investing in hiring someone to do this for you, like Borthwick Decorators Glasgow, as decorating can be much more labour intensive than you first think. Particularly when considering the heights, you’ll need to reach to paint externally, and tricky areas like above and around your staircases. As a lick of paint can make a huge impression on your home, it’s worth considering the professionals to get it exactly as you had imagined it.
Great kitchens have always been important to the majority of buyers, and even more so over the last year. If you’re planning to invest in your home, a kitchen refurb will serve as money well spent. Before getting stuck in with the decor, really assess the layout and positioning in your home. Have you given it the space it deserves? Could you achieve some more natural light to make the space feel more sociable? And don’t forget storage, ensure you make the most of the space. If you are refurbing with the intention to flip your property, consider opting for a clean and classic style, and neutral tiles. Neutral decor can be accented with colour and accessories to make the space feel cosier and more homely.
Much like kitchens, bathrooms are spaces with real significance in the home. The lounge and bedrooms can be served with a lick of paint and make a real impact, but the bathroom is a much more timely project with a greater expense. That expense, well prioritised, can add to the value of your home by up to 4-5%. Bathrooms should feel luxurious, classic and clean – as it won’t be a space privy to regular refurbishment. Focus on getting the layout right and getting the most from the space. In London for example, it’s particularly tricky to find a rental property with a bathtub – does the size of your bathroom allow for one? These are added luxuries that provide a sense of comfort to both renters and prospective buyers and are often considered in short supply. Ensure all sanitary ware is replaced or repaired if chipped, and again go for neutral colours that clean up well.
More so than ever renters and buyers alike are seeking outside space, 45% of buyers are willing to spend more for the luxury. Tidying up your outside space need not be an expensive task, if you’re willing to do it yourself. The first priority should be to ensure its tidy and you regularly rid it of weeds, as well as removing clutter so that the space looks larger. Painting fences, filling in the patches in your lawn, and levelling any brick or stonework will work towards the value of your home. Take it one step further by introducing zones like a patio for outside dining, as well as a grassed area for relaxing and quality time with the family.
There are a number of refurbishments you could consider in order to increase the value of your home, and this is not an exhaustive list. It does, however, highlight the aspects of a home that 2021’s renters and buyers are prioritising. Some of these changes are very quick fixes and could make for great DIY projects.