Date Published 13 January 2020
If you're considering selling your home in the distant or near future, it's important to think about ways you can add value to your property. Sometimes, all it takes is some slight tweaks and changes! As one of the leading estate agents in Liverpool, we know what it takes to maximise your home's potential. Check out five top tips from Marshall Property that will help boost your property's worth:
1) Convert your garage into a living space
If you have a garage that isn't being used to store a car, you should definitely consider turning it into some sort of living space. Why? Because you could increase the value of your home by up to 15%!
Usually, you won't need planning permission to convert your garage, but it's best to double-check with your local council before making any changes.
2) Update your bathroom
One way of adding value to your property is by making sure your bathroom is bright, modern and sparkling clean. As well as pleasing potential buyers when they view your home, your property will also look more attractive when viewed on online listings.
Depending on your bathroom's current state, you might need to completely renovate it with a new suite, tiling and paint. To keep the price down, we recommend keeping the existing layout as this will avoid the need for extra pipe work, which would ultimately cost more money.
3) Ensure your property is well-insulated
As well as making sure that all of your windows are double-glazed, it's also important to ensure your walls are well-insulated. This can massively boost your home's EPC rating - potentially bumping it up by two whole bands! By letting your estate agent know that your property is energy efficient and cost-effective, you will boost its value instantly.
Please note that houses built prior to the 1930s will usually feature solid walls, and require solid wall insulation rather than typical cavity wall insulation.
4) Convert your loft to create another bedroom
Just like converting your garage, transforming your loft into another bedroom can boost your home's value by up to 15%! If you add an en suite bathroom into the mix, it could be worth even more.
Typically, a loft conversion costs around £500-£600 per metre squared. This might seem a lot, but considering a standard extension usually costs twice this amount, it is a relatively small price in comparison. Find out more about loft conversions with this step-by-step guide.
Our final recommendation is simple - redecorate! Little things like replacing your old toilet seat, deep-cleaning your carpet and giving your front door a lick of paint could be all it takes to add value to your home. It will instantly make it more appealing to buyers, and hopefully persuade them to put in that higher offer.
Get more advice from Marshall Property
Want to hear more tips from Marshall Property? With 30 years' experience in letting, buying and selling, we are one of the top estate agents in Liverpool. Get in touch and let us help you today.