Increasing the Value of Your Property Before a Sale: Getting Started

The value of property is influenced by a variety of factors. Thus, if you are planning to list your property for sale, you will do well to understand these factors as they dictate the property market. While some factors like location cannot be changed, you can influence several other to not only make your property stand out but also increase its desirability and value.

The general appearance and presentation of property plays a major role in boosting the interest from buyers as well as increasing the sale price. Here are some measures that you can take to increase the value of your property before an upcoming sale:

• Alterations and extensions

There is a range of large home improvement projects that are guaranteed to boost the value of your property. Whether you are looking to sell your property at a later date or you are simply interested in increasing the value of your property, alterations and extensions will increase the chances of maximizing on your property’s profit potential. Keep in mind that while amateur attempts may stand out to a consumer, large scale alterations must be completed by a professional.

Alterations that are in line with the style of the property and are likely to produce more space will definitely add value to the property. From a loft conversion to a simple extension, increasing space will most likely increase the value of property.

Bathroom and kitchen extensions are usually selling points especially when compared with other properties. More specifically, a well designed high specification kitchen will most likely tip the balance in your favor.

• Small scale property improvements

Carrying out basic maintenance to improve the appearance of property will also increase the value in the short term. Small scale property improvements include touching up peeling paintwork, ensuring the garden is well tended to improve the kerb appeal and having a neutral interior will definitely improve the value of property as well as the price.

You should be keen to avoid decorative disasters like pine paneling and wood chip as these are usually unpopular with prospective property buyers. Neutral shades and smooth wall surfaces create a contemporary feel effectively drawing buyers to your property.

• Parking

Parking is an additional consideration that you need to take into account when seeking to increase the value of your property. Specifically, off road parking is likely to increase the appeal thus, if you have space in your front lawn you can consider making room for an off road parking as this will add real value to property.

Before embarking on increasing the value of your property, you need to carefully assess the state of your property as well as identify the areas that are suitable for improvement. Most importantly, be sure to determine whether the proposed improvements will have a significant increase in the value of your property or not. Remember, some of the property improvements are more valuable than others and all these will be determined by the existing condition of the property.