Five Tips to increase the value of a property
Looking to add value to your property? This is something more people are looking to do prior to selling their property. Whether this be a home renovation project, or simply remodelling the internal layout. Each can have a positive effect on a property in terms of adding value. So here we cover five common tips to guarantee that boost of value to a property.
- Structural Issues
One of the most obvious means of adding value is sorting out any structural issues that a property may have. If a property has any of these, then it can really lower its value until addressed. This covers both external and internal and an example could be installing a new bathroom. Common structural defects include the likes of a leaking roof, cracks in walls and rotting in parts of the property. When dealing with water damage, it is important to act fast. The longer water sits, the more damage it can cause. Mold can start growing within 24-48 hours, so it is crucial to call professional water damage experts as soon as possible. Call on an expert in residential roofing services if there are any damages on your roof so you can get a full replacement with new materials like timber roof trusses.
Sometimes renovation can also go hand in hand with decoration. Landscaping and decoration of your perimeters can hike the price more than any other addiction. With a drainage system try adding decorative drain grates to make it look neat and modern. Places you can add these stone grates are outdoor, and pool drain.
- Updating doors and windows
Another tip is to update doors and windows around the property. Many can look damaged and outdated and instantly puts a negative look over the property. You can add a composite door by the likes of Truedor, which have been the innovative product on the market and offer much greater sustainability than traditional options.
- New Heating
Another great way of adding value to a property is updating the heating system. It’s also crucial to try and reduce costs when heating your home and a great way to do that is to use a thick and high-quality hot water tank jacket, as that will reduce the heat lost there.
Improve your central heating system with online boiler quote from Boilerhut. Many old properties do not have central heating or use a very old system. This is why adding a new water heater installation can have a great impact. Another great way of helping to improve with the efficiency of heating in a property is to make sure all drafts are sealed, replacing old windows and adding insultation.
Updating seems to be the common theme for adding value, and changing the wiring and plumbing is another great way for adding value to a property. However, this could be costly in some cases due to having to lift floors and chasing out plaster walls. Updating the electrics is something many properties will need to do and you can usually tell if this needs doing by seeing if it is an old fuse box. Updating plumbing such as Professional Water Heater Replacement & New Installation in a property is also something that will need to be looked at. Old pipework can lead to burst pipes, which is a common issue if not updated when needed. Call Emergency Plumber Columbus now to dispatch a plumber 24 hour a day.
- Adding an extra bedroom
One of the most effective and guarantees for adding value is an extra bedroom. The number of bedrooms always has a big impact on a value of a property, so this will always add to the sale price. The extra space can be created from dividing existing space and adding or removing walls. Another option is to convert a loft or cellar.