The property market is a tough nut to crack. If it was a nut, it would be some kind of Fort Knox-cashew lined with aluminium and a thousand security keys before you could reach its crunchy centre.
Before you can even bite into this metaphorical cashew there are hundreds of rules to learn and specific times to digest – and chances are you’ll end up biting off a lot less than you intended.
That’s the property market in a nutshell (and a clumsy analogy at that), but solutions exist that can make the process a lot more bearable.
More often than not, increasing your property’s market value is about investment, investment and investment. The main focus of your investment? Fixing up your property to make it look spiffy. There are plenty of low-cost DIY tips you can try, but today we’re going to focus on the larger purchases that will send your property’s value into the stratosphere.
But before you whip out your hammer and nails, we’d recommend you look over all commercial property information and private property information via a few high-quality websites. While trudging through documents and statistics might seem like hard work, it’ll be worth it for an effective lay of the land before you begin.
An unconverted attic is little more than a creepy empty space, all mouldy cardboard boxes, lanky spiders and crusty cobwebs. But, according to the Telegraph, if you spent £20,000 on a loft conversion you’ll increase your property value by up to £40,000.
This can be a lengthy process (configuring electrics and laying flooring will be where you concentrate most of your time), but won’t require planning permission (unless you live in a listed building).
An extra room is just what the housing market ordered, and viewers will be even more impressed if you’ve got a conservatory or orangery attached to your home. When deciding on the design of your extension, make sure you keep it confluent with the rest of your home. The last thing a prospective buyer wants is a room that sticks out like a sore thumb.
Planning permission could be the stumbling block to an extension, so check with your local council before you get started.
Bring the heat
Everyone wants central heating in their home – and they’re willing to pay an extra £5,000 for a house containing it. Be sure your heating doesn’t intrude on the useable space too much. All radiators should be discreet and away from windows.
The car’s not the star
You might think that a garage is always a plus for any home, yet around 90 per cent of them don’t contain cars. To boost your house value further, convert your unused garage into an extra room. If you want to figure how much value you’ve added to your home, multiply the square footage owned by the local price per square foot.
And that’s only the tip of the iceberg. If you’ve got any success stories that helped sell your house, let us know!