5 Tips for Adding Value to Your Property
Your property is one of the greatest investments you will ever make in your life. So why not take steps to add more value to your property?
There are many ways to increase the value of your property without breaking the bank. For instance, focus on improving the property areas most popular to buyers and investors, such as the building exterior, landscape, kitchen, bathroom, number of rooms, etc. After all, the actual value of any property is determined by the buyers of the real estate market. Give them what they want, and they will pay more for it.
Let’s review the top five tips for adding value to your property.
1) A New Paint Job
An inexpensive way to boost your property’s value is to add a fresh coat of paint to the interior and exterior walls. New paint coats are perfect for covering up dirty walls with degraded appearances. You’d be surprised how much you can improve a home or building’s aesthetics and curbside appeal by adding a fresh coat of paint.
Then in order to stand out more from the market we suggest investing a bit in a few areas eg: Living, Master Bedroom and playing with some color scheme or wall covering to give a better vibe to the entire property.
Most property owners will quickly see a 100% return or more on their investment in repainting their home or building.
2) Build More Living Spaces or Workspaces
If you have enough square footage on your land to create more living space or workspace, you should consider constructing additional rooms.
For instance, homeowners could construct additional bedrooms or bathrooms to increase their property value because most homebuyers prefer homes with extra bedrooms and bathrooms.
One of the services we offer is the Space Planning which allows you to have a more tailored space for your needs and improves the internal communication and the life on your property.
Commercial property owners can also create more workspace in their buildings by constructing additional offices, storage rooms or in retail for instance to revised the balance from the back of house with the front and make the property more attractive.
3) Renovate the Kitchen and Bathrooms
Kitchens and bathrooms are two of the most popular areas on residential properties. Buyers will judge a property’s value based on the design and aesthetics of its kitchen and bathrooms.
For this reason, renovating the kitchen and bathrooms on your property is a sure way to boost its value. However, it could require you to completely redesign these rooms by extending them and rearranging the appliances, countertops, and cabinetry.
4) Construct a New Detached Structure
Do you have enough land square footage outside your home or building to construct a detached structure?
Buyers and investors love properties with additional structures, such as conservatories, sunrooms, sheds, study rooms, and garages. If you have enough space to build any of these detached structures, you can quickly boost your property’s value.
5) Improve the Exterior Landscape
The curbside appeal of any property revolves around the appearance of the structure and landscape.
Any property owner with small or massive amounts of land square footage should invest in improving it by hiring a professional landscaper. For example, you could add beautiful landscape extras like walkways, trees, gardens, flowers, patios, etc. It is affordable and easy to boost your property’s value by improving its landscape appearance.
Learn More About Adding Value to Your Property
Raffaello Fair is a leading architectural design and management firm headquartered in London and serving the United Kingdom and Italy. We can help create design concepts for residential and commercial improvements of your property to add more value to it.
If you would like to learn more, contact us at +44 020 8133 5772 or email us at mail@raffaello.org.uk for a free consultation today.