What can or are you doing to Increase the Value of your Home?
Please share your ideas, plans, innovations or ask the group for help? We have highlighted below some of successful ideas that we have seen in our world...
Making sure you get the best price for your home when selling is important – it’s going to give you options later, whether that’s because you’re downsizing and are looking to free up money or you’re trying to buy a bigger home. The flip side is buyers have a budget they have to stick to. It’s important to get the balance right.
To make sure you get the most out of your home, now that you’re ready to sell, there are a few things you can do that will increase its value on the market. That doesn’t mean you should do everything, however. Work out your budget and what you think will deliver the best return based on it, as well as the time you have. There are no blanket answers; it’s different for each home.
That said, let’s look at what you can do.
Create space by expanding
Expanding your home is a great way to make more space. You can add an extra room with a conservatory, basement or loft conversion and this will appeal to buyers who are looking for extra space. Depending on the building or area, there may be limitations on what you can do, so conduct thorough research first and calculate how much an expansion or conversion will cost against what value it might add.
There are a few things to watch out for, however. With conservatories, you’ll be cutting into garden space. This might not be important for you but prospective buyers may want that extra outdoor area. Regardless of which option you choose, think about what buyers are looking for when they see your home.
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