Considering the recent halt on stamp duty, a lot of homeowners have been considering upgrading their home furnishings to appeal to the ever-increasing buyers’ market here in the UK.
With interior design, matching colour palettes and complementary tones being more important than ever before for potential homeowners, those with homes to sell are trying to find new ways to add value to their properties.
From converting fitted furniture elements into storage, to changing colour schemes and finishes of common areas, there are plenty of easy ways that you can modify your home in order to boost its real estate value.
Ways to Increase Home Value
If you’re a homeowner that’s looking to sell soon and this sounds like your situation, keep reading to find out how you too can increase your profits on selling your home without breaking too much of a sweat in the process!
01. Improving the Functionality of Furniture
One of the best ways to add value to your property is by converting the functionality of your main furnishings so that they have a double purpose. Shoe racks can be disguised as console stands, and if you have a fitted shoe cupboard, you can attach a full-length mirror to the inside or outside of the door.
]Little changes like this can make a house seem much more homely, and much more thought out in terms of design. Changes like this don’t have to be limited; you can even convert key furnishings such as radiators and towel rails.
One of the most common combinations when improving overall home functionality is turning a towel rail into a radiator, by installing a heated towel rail instead. For some, this might be something completely new; if you’re interested in how this combination works and would like to find out more, you can head over to trade radiators for more information.
02. Converting the Existing Layouts of Your Floor Plan
Another common way that homeowners can improve value of home is by transforming the current layout of the rooms, usually by converting the living spaces into an open plan design to appear more modern and contemporary.
With open plan designs being much more popular at the moment, converting your downstairs spaces of the living room, dining room and kitchen into one open space can really appeal to potential homeowners. This is usually due to how flexible and versatile the setup of the space can be; allowing new residents to easily change it around to their liking.
Thinking more about the upstairs rooms as well, homeowners could think about converting at least one of their bathrooms into a deluxe bathroom, especially if it’s already an ensuite or paired with a master bedroom.
This can really appeal to homeowners with larger families, who usually look for at least one bedroom-bathroom combination that is a bit more luxurious than the others in the house.
03. Improving Overall Finishing to Add Value to Your Property
Apart from the big changes like floor layouts, there is always a good amount of value in upgrading the little things as well. Giving rooms a feature wall can not only be very pleasing for viewings of your home but will give each room a little bit of character and most likely stand out for potential homeowners coming to view your property.
In addition to this, homeowners can resurface kitchens and upgrade any white goods that are included with the property to make sure that any potential homeowners are happy with how up-to-date the appliances are. Having modern fittings and finishing can really boost the overall value of your home by quite a large amount!
04. Do-it-yourself Versus Contractors
There are definitely some methods of adding value to your home that are less major and can be done yourself over time. This includes the painting of feature walls, the fittings of taps, curtain rails and skirting boards, or even the fitting of radiators.
However, there are definitely some larger jobs that contractors are needed for, and those larger jobs might bring with them the need for planning permission as well. Whatever you plan to change in your home before selling, make sure you’ve sought out the right permission for it before you start work!
Conclusion
These changes can improve the comfort of your home. Also, they can increase home value when it comes to selling it. A home that gains value over time can provide a big financial hike when you are ready to upgrade to a larger, nicer home.
Also Read:
How to Increase Your Home’s Safety and Value?
Which Home Upgrades Will Add the Most Value?
Image Courtesy: Image 2
