Top 5 minimum-effort ways to increase the value of your home
by Housesimple on 4th March 2016
When you're getting ready to sell your property, you might not have the time or budget to make drastic bricks and mortar changes to boost its value. However, there are a few things sellers can do to add instant value with surprisingly little effort. Here are our top five tips to improve your asking price.
1. Give your home a facelift
House hunters spend just 25 minutes and 30 seconds, on average, viewing a house or flat before making the decision to buy. That gives you just a critical few minutes to make a memorable first impression, so make sure your home's exterior is fresh and inviting. Clean windows, conceal bins, unblock gutters, weed and mow the lawn, and freshen the exterior with a lick of paint – you could add £5,000 to your home's value by doing so.
2. Hang extra mirrors
Extra space always adds value, but if you can't afford the time or money to convert your loft or build a conservatory, then brighten your interiors and create the illusion of more space by hanging mirrors strategically throughout your home. Placing a mirror across from a window maximises the impact of natural light.
3. Be energy-efficient
Installing double glazed windows does more than lower heating bills; it adds up to 10% to your home's value. Just remember that any changes you make should be in keeping with the property's age and appearance – particularly if you live in a conservation area, where updates must be 'like-for-like' and may require planning permission.
4. Improve internet speed
Don't overlook the importance of fast connection speeds in our increasingly plugged-in world. If you're in an area with known reception issues, installing satellite broadband increases your home's value by as much as 5-10%. On the other hand, sluggish broadband can slash house prices by as much as 20%.
5. Update kitchen cabinets
The kitchen is the heart of the home, and the room many buyers concentrate on. Usually a brand new kitchen will add 4.6% to your valuation, but if you can't afford a full refurbishment, focus on upgrading the cabinets. This gives the appearance of a new kitchen, but requires only a fraction of the cost and effort.
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