The 10 step method to increasing the value of your property

The 10 step method to increasing the value of your property

Posted 27th Mar 2018YH PROMOTION

Ever felt like your dream home is out of your price range? Want to upsize your home but need more cash?

Never fear Homeowners, because the Your Home team has put together the perfect 10 step plan to help you increase your property’s value.

1. Declutter

Okay, so you want to make the big move? Here comes the hard stuff, because you’ve got to start being strict with yourself and begin treating your home like a holiday property. Send the troops in and declutter all your unwanted clothes and trinkets, tackle that pile of post and put your family photos out of sight – as lovely as they are, personal belongings can be off-putting to potential buyers.

2. Neutralise your colour scheme

One of the most influential property features is decor. Though you may love your lime green and fuchsia feature wall, not everyone will. It’s always best to stick to neutral colours when putting your house on the market as it’s the best way to present it as a blank canvas, ready for the new buyers to put their own stamp on it.

3. Know your weaknesses

Every property has its weaknesses and now is the time to recognise yours. The more you know about your home, the more you can improve it before it is too late. After all, if a survey comes back with a few red flags then the buyers will be looking straight for a price reduction. Plus, be aware that any official disputes that you’ve had with your neighbours will also have to be declared to the buyers.

4. Face the facts

Everyone has a rough estimate in their head of what their property is worth, or how much it has gained in value since they purchased it. But when it comes to getting the most out of your next buy, it pays to be as accurate as possible. SunLife has a fab tool that can help you determine how much your property has gained in value. Visit it HERE.

5. Play the long game

Making the most of your move can sometimes mean investing in the property you already have. Look at your home’s floor plan and think about how it could be made more user-friendly. This could mean adding a small single-storey side extension to a narrow galley kitchen, or knocking down the wall between your kitchen and dining room to make a lovely wide open plan space. Though it will be a large investment at first, it could add a significant amount of value to your property later on when it comes to the big sell.

6. Choose the right agency

When it comes to choosing the right estate agency for your property, it can be a real juggling act between services and commission percentage. Though you want to get the most out of your sale, it’s worth shopping around and getting clued up on each estate agency before committing; for example, the agency with the lowest commission fee may not achieve the best price for your property, and vice versa. Plus, don’t forget to factor in whether the agency fee includes VAT.

7. Prop up

The secret to achieving great interior pictures is out – it’s all to do with props. In fact, there are even companies who specialise in styling homes to show them at their best! Become your own home stylist and think about what subtle accessories will look good in the room and what you can borrow from friends and family. Perhaps you’ve seen a friend’s rug which you know will look fabulous in your living room – ask them if you can borrow it for the day when your estate agent takes photos. It will make all the difference!

8. Picture perfect

Pictures are one of the most important factors to consider when putting your property on the market. You want to make sure the first impression is a good one; take a look at the different property sites online and see which photos really catch your eye and the angles they have been taken at. If possible, choose a day when the sun is out and, above all, don’t be afraid to ask to see the photos when they are being taken or request for an alternative shot to be taken.

9. Smells like a sale

Before your potential buyer even sees the inside of your home, the first thing they will notice is going to be the smell. If you have pets be sure to give the house a good clean and an airing before viewings happen and invest in a few subtle reed diffusers to give the air a lovely fresh smell.

10. Timing is everything

Potential buyers are far more likely to want to move their belongings in the spring and summer, as the weather is (usually) far more agreeable and there isn’t an large event, such as Christmas, that will get in the way. If your property isn’t going to be ready before December it might be worth waiting until the New Year.

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