Planning to sell this spring? Ten tips to spruce up your home and add value along the way
Planning to sell your home this spring (when the season finally arrives)? Then make sure it offers oodles of buyer appeal.
Spending money on smartening it up will help achieve a faster sale and even a better price. Here are the top ten ways to give your home a facelift.
Refresh your kitchen
The kitchen is the focal point of any home, and crucial when it comes to selling a property — 43 per cent of homebuyers say a kitchen in good condition is top of their property wish-lists, according to a study by betterbathrooms.com. But fitting a new kitchen rarely adds more value than it costs, so don’t go overboard.
On average, homeowners spend £5,000 on a new kitchen. But it’s easy to dramatically change yours without ripping it out. Replacement doors, starting from around £20 to £50 per door from ikea.com or wickes.co.uk, will give a fresh new look while saving you the money you would have spent on units and labour costs.
VALUE ADDED: £12,500 or 5.5 per cent (figures by Hiscox — based on the average UK house price of £226,071 from the Land Registry Index in November 2017).
A well-presented bathroom is important to a third of buyers. Updating this room with a new suite and modern tiling will be worthwhile. If it’s still in good condition but needs modernising, you might get away with simply replacing the taps and the grout on existing tiles.
However, if you have the space, adding a new bathroom, even a small one, will increase value.
VALUE ADDED: £6,000 or 2.6 per cent for an update, or £12,800 or 5.7 per cent for a new bathroom.
Convert your loft
A loft conversion is a more expensive improvement, but it gives good value for money.
Most lofts can be easily converted to give an extra bedroom or storage space. Make sure you obtain any planning permission required and safeguard documents when you come to sell. Loft conversions cost from about £20,000.
VALUE ADDED: Around £24,510 or 11 per cent.