Improving the aesthetic impact and market value of one’s home requires careful thought and a clear direction. If you are looking to sell your property or simply wish to add value to your home, following some of these steps may be exactly what you need to be successful.
“Adding value or home improvements to your property are definitely steps in the right direction if you are looking to offload your property in the future," says CEO of Greeff Christie’s International Real Estate, Mike Greeff. "Successfully implementing steps to increase value to your property makes a significant impact on how your property is received by would-be buyers.”
Tips for adding value to your property include the following:
1. General improvement of your security measures
Improving your property’s security is a given when doing any home improvements. The importance of security is increasingly highlighted throughout communities and neighbourhoods alike. Improve the value of your property by installing electrified fencing, automated gates and a quality alarm system, if you do not already have these.
2. Cosmetic adaptations
For the interior of your home, there may be additions you feel are immediately necessary in order to improve the value of your home. Looking at your kitchen and bathroom as primary areas of focus would be a good place to start.
Taking care of grime and mould is a great first point of call. Additional changes to consider include looking at the replacement of doors, handles, cleaning off scuff marks, hinges on cupboards and details on cabinetry could all be minor cosmetic improvements that influence the value of your property.
When considering repainting interior walls, choosing a colour that is 'on trend' will also be a good way to stand out from the rest.
Should you choose to sell at a later stage, cosmetic changes could work in your favour in terms of price.
3. Exterior improvements
A lot can be said for first impressions. The exterior of your property could either make a positive or negative first impression, depending on its appearance. This means you can add further value to your property by taking small steps to ensure the appearance of your property is in tip-top shape.
Examine your garden to check whether any trimming, cutting, planting or repairs need to be done.
A fresh coat of paint makes a considerable difference to the appearance of the property and definitely increases kerb appeal. Neutral colours work well for exterior walls.
Paying careful attention to the condition of your windows is vital. Repair any glazing that is damaged or doesn’t seal properly. Nobody wants to buy a house with windows that are not in top condition.
Prospective home buyers look at the main traffic areas in a home when visiting for the first time, so be sure to keep these areas in pristine condition.
Greeff says home improvements are a proven method of increasing property value and are not in any way a waste of your hard-earned money. They are an important part of ensuring your property fetches a higher resale value once you are ready to put it on the market.
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