Five Common Issues That Can Impact Your Property Value
As mortgage rates steadily decrease, many homeowners across the country may be tempted to think about putting their property up on the market and making the most of the demand for houses.
If you are thinking about selling your home, you want to make sure that you are doing everything you can to protect the value of your property and that it looks as appealing as possible to potential buyers.
This article will share tips to avoid some of the most common mistakes people make and how you can try and enhance your property’s real estate value.
Outdated fixtures and fittings
You want your home to look as appealing to potential buyers, and to demonstrate at first glance that the house has been maintained to a high standard. One of the best ways to ensure this is the case is to think about the age of your fixtures and fittings.
Kitchens and bathrooms are rooms within the house that often undergo a lot of hard use over the years, particularly kitchens, which act as a focal point within a family home. You should consider updating fixtures and appliances where you can before putting your house up for sale.
Bathrooms also often show signs of wear and tear, so think about replacing bathroom fittings such as showerheads and taps and stripping out old grouting or sealants around your bathtub to give the room a fresh feel.
Overlooking curb appeal
How the exterior of your home looks can have a big impact on its value. It’s the first thing that people coming to view the property will see, so you want to make sure it looks as appealing as possible.
First impressions are so important. If you have a front garden or driveway, make sure this looks tidy for the arrival of any visitors. Freshly cut grass and a clean driveway will make such a difference.
Extensions and structural changes
If you have made any structural changes to your property, this will help to increase the value of your home for potential buyers. Extensions and loft conversions for example are very appealing as they can offer valuable space homeowners will be searching for.
Suppose you have had work done by a professional company. In that case, you must be provided with official documentation to demonstrate that the work has been completed and meets building regulations. If you have worked with an architect who has not provided you with the service you expected, you could be entitled to make a professional negligence claim which would help to offset any potential devaluation you could encounter when selling your home.
Inefficient heating appliances
Now more than ever people are concerned about energy efficiency and doing whatever they can to keep household bills to a minimum.
Paying for new energy-efficient appliances such as a new boiler can make a huge difference to the value of your home, and opting for smart thermostats and devices helps give people the flexibility to control their heating remotely, which is also appealing.
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