The nature of the housing market has always been something of a fickle beast. One minute, prices are soaring. The next minute, the market is crashing and burning. For many homeowners, the challenging market can make selling property something of a nightmare. In the current economic downturn, it is said to be a buyer’s market due to the low-interest rates. But, for the seller, now may not be the right time. After all, your beautiful home should not be sold for next to nothing.
So, if you have given up on selling your property this coming year, it may be time to invest in some DIY instead. There are some great ways that you can make your home fit for purpose. There are some ingenious ways that you can ensure that you add value to your family home.
By using these tips, you may be in for a sizeable profit when it comes to reselling.
- Loft and Attic Conversions
Loft and attic conversions can be pricey to install. But, lofts are usually only used for storing Christmas goods and old photos. A loft is serious wasted space. By having a well-planned out attic or loft conversion, you can have an additional bedroom in your property. In fact, this is one of the easiest and cheapest ways to add serious cash value onto your property. Typically, a loft conversion that is made into an extra bedroom can add 12.5% on to the total value of the property.
- Designer Kitchen
If your budget isn’t going to stretch far and you can only revamp one room, make it the kitchen. According to estate agents who deal with property listings showing homes in Bingley, a well planned out kitchen can add a small fortune on to your home. As the kitchen is used for more than simply cooking and eating, it makes sense that this room should be nothing short of a masterpiece. Families want a perfect kitchen. The rest can come later. So, get your design on and make your kitchen a show stopper.
- Basement Conversions
The most expensive way to add space in your home is by extending. But, if you have a basement and an attic, you are in the right place to making some serious money within your home. Basements aren’t used in many homes. But, they can add serious cash on to your home. Many homes increase in value by adding more living space. Converting a basement gives this much-needed space for so many families. So, if you have a basement, this is the cheapest yet most profitable way to increase the value of your home.
- Paint Your Property, Inside and Out
Everyone is told about the virtues of cream paint when they come to move home. But, you also need to consider painting the exterior of your home too. Neutrals and grey tones are perfect for outside. Avoid garish colours such as blues and reds. Brash tones can decrease the value of your property. Should your home look as beautiful on the outside as it does on the inside, your home won’t be on the property ladder for long.