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Home » How to Add Value to Your Small Home

How to Add Value to Your Small Home

Modified: Apr 14, 2016 · Published: Mar 18, 2016 by admin · This post may contain affiliate links or collaborative content.

We’re planning on moving soon, so these tips for adding value have been super useful. Do you have any more to add?

If you’re planning on selling your house, it could be worth adding value to it before it goes on the market – particularly if your home is on the smaller side. If you have the funds to improve it, here are some suggestions…

Touch up the exterior

Decorating doesn’t just happen inside the house. Repaint the exterior walls, cladding, window panes and doors using paint that’s up to the job (such as the kind you can buy from Rawlinspaints.com). Interior-purpose paint isn’t worth buying for this kind of home improvement as you’ll need something that can cope with the weather all year round.

How it adds value: prospective buyers start to form an opinion about your house before they’ve entered the front door. Curb appeal counts for a lot, so give them an exterior that lives up to the standard you’ve set inside.

Add an extra room

You don’t have to slice up a room in your home by installing a wall. But you could use clever partitions such as room dividers, or ‘zoning’ items like rugs and low-level storage to suggest that there’s another area reserved for a specific purpose. Better yet, add furniture to echo an area’s use such as a cot and changing table for a space marketed as a ‘nursery’.

How it adds value: prospective buyers pay more for extra rooms, and will be prepared to pay above your home’s current value if it’s marketed as having a nursery, office or craft area.

Build an extension

This suggestion will come as no surprise to small home owners. An extension done well (that is, one which is coherent with the rest of the building and character) will provide extra living space for whatever suits you best.

How it adds value: people consider the kitchen to be the heart of the home, and favour larger, open plan kitchens to traditionally cosier ones. Extensions that increase the length, width, height and light-levels of rooms like this will therefore help you fetch a higher value for your home. A two-story extension will allow you to add additional bathrooms and bedrooms too.

Convert the loft

So long as you’re careful not to eat into your existing living space, a loft conversion is likely to give a decent return for your investment. The benefit of converting the loft rather than building an extension is that you wont lose garden space.

How it adds value: in short, a loft conversion means you’ll be adding an extra bedroom. Movewithus suggest that an extra bedroom in the loft area can increase a home’s value by as much as 10%, so it’s definitely worth considering.

Redo the kitchen

Replace your kitchen units and appliances to refresh one of the most important rooms in the house. However, a simple repaint of the cupboard doors and replacing the handles will also do the trick.

 

How this adds value: Movewithus suggest that a new kitchen could add around 6% to the value of your home. Most buyers head straight to the kitchen when viewing properties, so bank on the fact that they’ll be prepared to pay more for the convenience of a ready-made, attractive space to cook and entertain in.

 

 

 

 

 

 

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