You can improve a property in numerous ways but one thing you can never change is the location. The more desirable an area is, the more valuable your property is likely to be. Most potential buyers will want to know what their daily commute will be like, so factors such as proximity to local transport links (train stations, buses, main roads) will play a significant role, as will the quality of the local schools. Being within walking distance of amenities such as parks, shops, and restaurants can also boost property values (although being too close to a noisy road or busy pub will likely have the opposite effect).
The overall square footage of the property, number of rooms, and their dimensions will all influence the value – if there is a lot of scope for extending or renovating we will take this into account as well. Key rooms (for example the kitchen and main bathroom) are more significant than others so these will be a focal point during the valuation. If you have a south-facing garden in good condition your property will be more marketable than similar properties with scruffy outdoor areas or less natural light.
Here’s how you can boost your property valuation without spending a fortune on renovations – keep it clean, tidy, and well maintained. Piles of clutter, peeling wallpaper, dirty surfaces, and stained carpets will all have a negative impact on the valuation. You can read more about how to maximise the value of your property for the least amount of time, money, and effort here.
Local property prices
As well as looking at your specific property when valuing your home, we will also take into account prices of comparable homes within the same area. Recent sales of similar sized properties will give us a realistic idea of current market conditions and help to determine the best asking price.
Thinking of selling your home? The team at Lillicrap Chilcott can help you get the best possible price for your property. Contact us today for more information.