With house prices rising steadily in the UK – banks are reporting increases from 8.5% overall to up to 20% in some areas of London – you may be considering selling up to take advantage of the housing boom. Maybe you’re thinking that you should put your house on the market right now so you don’t miss out.
Well, not so fast.
You have the right idea – you certainly want to strike while the iron is hot. But you really have to ask yourself, Is my house sale ready? If you want to get the most bang for your buck when you sell your house, make some of these tiny changes for huge returns.
Get cooking in the kitchen
Have you ever noticed that people tend to gather in the kitchen at parties? It’s considered the heart of the home and one of the first places people want to see when they’re viewing homes for sale.
Ensure that you kitchen is clean and up-to-date. Replace the faucet set, update lighting fixtures, and be sure to de-clutter. If you’ve got the budget, ensure that the cabinets match – at least having matching handles.
The kitchen should feel homely, bright, and welcoming so that future residents can envision themselves preparing meals there.
Cleanse the bathroom
Replace what you can within your budget. If the floor is looking a bit dingy, you can re-tile the floor yourself and save a ton of money. Replacing the tub or shower can really make a huge difference to the look of the bathroom. If that’s beyond your budget, re-grout the tile, replace the toilet seat and sink to completely refresh the room.
Property valuation experts estimate a new bathroom can add as much as 5% to the sale value of a house, so this should certainly make the top of your priority list.
Grow up those kids’ spaces
Let potential buyers see themselves living there. Empty nesters or a single person may view your home and be turned off (even unconsciously!) by a kiddie pool in the backyard or a climbing wall in the basement. Your house should be neutral, so turn that space into a den or another bedroom instead so potential buyers feel like they can make it home.
Keep that curb appeal
A fresh paint and regular maintenance is all you need. Give your house or front door a fresh coat of paint or change the colour if it’s a hue that divides opinion. A nicely mowed lawn and a clean walkway will make a great first impression. If it fits within your budget, you can hire a landscaper to plant a few shrubs and clean up the yard.
Making these small home improvements can change people’s perception of your home and increase its value at the same time. It’s both time and money well-spent if you’re thinking of putting your home on the market.