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What are the best ways to add value to your home?
Sep 2018

If you’re selling your house, you want to ensure that you’re getting the best possible price for your investment. Here are some home improvement tips to help maximise the value of your property and help it stand out from the crowd.


Cultivate some kerb appeal

First impressions are vital when it comes to attracting buyers – one recent study showed that 93% of people are more likely to attend a viewing if the exterior of the house is well maintained. Fortunately, this is a relatively cheap and simple process. Add a fresh coat of paint to the exterior, scrub and repaint your front door, and consider replacing your letterbox, knocker, and house number if they are looking worn or dated. If you have a front garden, make sure it is well tended – mow the lawn, weed the flower beds, and use a high-pressure washer to clean paved areas and pathways. Adding a few planters with vibrant perennials can add a splash of colour to a dull exterior, and containers of herbs such as rosemary, mint, and lavender near the entrance will greet potential buyers with enticing scents. Declutter your hallway so that it’s free of shoes, prams, bicycles, and other distractions, and add mirrors on either side to create the illusion of a larger space.

Fix any outstanding structural issues

While your house is on the market, it will be heavily scrutinised by potential buyers and estate agents. Make sure that before your first viewer arrives you have addressed easily spotted flaws such as:

  • Leaking roofs
  • Damp/mould
  • Cracked drywall
  • Doors/windows that stick or don’t latch shut
  • Broken/missing tiles
  • Old/damaged pipes
  • Rotten joists or roof timbers

Make your property energy efficient

Buyers will typically want to know the average monthly energy bills of a property they are viewing. If you own an older property, investing in good quality windows with double or secondary glazing can instantly increase your home’s value. Similarly, installing a central heating system can cost a couple of thousand pounds, but will likely add double that onto your sale price. Other energy efficient features you may want to consider include loft insulation, solar water heaters, and solar panel installation. Making energy saving improvements have been shown to increase house prices by an average of 14 percent.

Maximise your space

If you have money put aside for major home improvements, consider converting a garage or cellar into additional living space (although obviously not if you live in an area where parking is at a premium!) In most cases, planning permission isn’t required for a ‘change of use,’ although you will need to check with your local council beforehand. If you live in an area where people often come to blows over street parking, converting the garden space in front of your home into a driveway may be a savvy idea. Although it is impossible to assess how much a specific renovation will increase the value of your home, this online tool may help to give you a rough idea.

For more information about how to get the best value for your property, contact Lillicrap Chilcott today. Our friendly staff members will be happy to assist you.