If you are planning to sell your home at the highest price possible, before contacting an expert in home valuation, there are modifications you might have to make. Suppose your target market is millennials, then here is a guide on how you can add value to your home to make them strike a deal with you.
1. Split Your House into Flats
In London, converting a house into flats is a common thing. This is because flats have high demands and are easier to rent out. Thus, to maximize the rental income, then separating your house into units is a great idea.
However, before you commence the project, you need to do your homework and find out whether the demand for flats is high in your area. Conversion could be the best option if you learn that 3-4-bedroom properties are not shifting, but flats are.
2. Refresh Your House with Paint
By painting your house, you can enhance its moods, and the work is not even expensive. If you have the time, consider taking care of the walls alone before inviting professionals to do the ceiling because they might be hard to deal with.
Suppose you choose to go with the DIY method, then it is important that you paint one room at a time. Move all the furniture to the center of the room and start coating in the morning so that there is enough time to let it dry. Most paints dry within a few hours, so they are easier to work with.
3. Replace The Old Windows
Since you are targeting millennials, consider replacing the old windows with double-glazing. This is one of the latest styles and will add value to your property. Suppose you are working on an old property, try to be sensitive to the overall style of the house.
In case you have old windows that need to be replaced, they must be double-glazed since that is the current industry standard. However, you might not be able to use this style if your property is located in a conservation area or doesn’t meet the recommended building regulations.
4. Update the Flooring
You can make a huge difference to your home by simply having the carpet cleaned. Thus, you should call in the professional cleaners to help improve the quality of the floor. However, if your floor covering is way beyond its use-by date, then it is essential to update whatever you have.
If the floorboards are worn out, then having them re-sanded is worth considering. You will have a wide range of options because you can have them stained, lime-washed, painted, or just resealed. Suppose you attempt to remove the old carpet and detect old floorboards below it, then you need to do something.
5. Get a New Bathroom
With a new bathroom, you will be sure to increase the value of your home by a higher percentage. But you need to know that it is one of the most expensive investments. There are some updates that you can do on a budget. You can keep the price down by maintaining the current bathroom layout.
You don’t have to relocate the water inlets and soil pipes since that will raise the cost. All you have to do is update the framed enclosures instead of the frameless models. Also, an exposed shower will cost way lesser than an enclosed model.
6. Utilize The Garage
This option is not mandatory, but it can also enhance the value of your property. For instance, unless the garage is being used for a car, there is no need to keep it. It also makes sense if you have some parking space outside. Before you start, be sure to confirm that your garage is worth converting into a living space.
Through house valuation, you can know what needs to be added. Note that millennials have unique tastes, some of which are too expensive to meet. However, you will still be on the right track if you touch the area suggested in this post. Be sure to work alongside a professional so that you only focus on areas that will add real value to your existing house.