According to a recent report by Barclays, nearly one third of buyers are more attracted to homes that are fitted with the latest technology. Some buyers are even prepared to spend up to £10,000 over the asking price for tech-savvy properties. So, when preparing to sell your house in today's market, adding some smart home features could help to increase interest from buyers and bump up your sale price.
Fibre optic broadband
These days it's all about the connection speed – in fact, slow broadband can knock 20% off your asking price. What’s more, Barclays also discovered that buyers now consider a good broadband connection even more desirable than a garden. Fibre optic is currently the fastest type of broadband, and some providers offers super speedy connections of up to 300 MB/s. If this service is available in your area, it’s worthwhile upgrading.
Extra power points
With more than half the UK population owning tablets, many buyers are likely to check the number and location of power points when viewing properties. If your home is light on power points, you may wish to consider installing a few more ahead of viewings. Beside beds, next to sofas and near dining tables are all practical places for additional sockets. For added appeal, choose power points with USB charging ports, as 36% of UK homeowners say they plan to install them.
Underfloor heating is a real luxury for the winter months. It's energy efficient, too – an advantage to point out during viewings. It can be expensive to install (at around £75-£100 per square meter) but could earn you back up to £4,000. If you don't want to spend too much, consider just installing this feature in the bathroom.
Sensors that automatically turn the lights on when you enter a room and thermostats you can control from a mobile are just two of the smart devices that can add value to your property. More than a quarter of buyers say that they're looking for smart homes, so this technology could help you get a very successful sale. Some packages only cost a couple of hundred pounds to install, but do shop around to find the best one for your property.
Now that you’ve modernised your home, you need an estate (of the art) agent to help you sell it. HouseSimple.com offers a modern, efficient and affordable way to sell your property. Register for your free trial to discover more.