Not every one of us intends to stay permanently in the same property where "it all started". For those who crave to sell their apartment or house later on (and under the best conditions), plus want to make the most of its renovations and investments they have made in the space - we have prepared an article about added value of property.
They can have a huge impact on the value of any house, making structural issues a priority. There is no point in doing internal work,
such as installing a new kitchen or bathroom, or any decorative work - without first making structural changes.
Typical defects include:
- overhanging or leaking roof
- rising humidity
- structural cracks in the walls
- rotten beams or lumber
- insect infestation
- unstable chimney
- collapsed floor
Many old houses have no central heating at all or have old-fashioned systems that need to be updated. Correcting this problem will always increase the value of the property, it must be thoroughly investigated and done in conjunction with improving the overall energy efficiency of the building.
Efficiency improvements include:
- sealing any drafts around doors and windows (not air bricks)
- replacement of windows that are not repaired (double glazing)
- adding insulation to the attic
If the existing boiler is in a reasonable operating condition and has sufficient output for the heat needs of the building, always try to use it - with the exception of boilers that remove air from inside the house. If he has boiler sufficient capacity, you can add new radiators or underfloor heating to the existing system.
Electrical as well as plumbing work is disruptive and will include raising floors and throwing plaster, therefore, it's necessary to complete
the work before making any improvements.
Although small, superficial defects will not have a direct effect on the value of the property, they could discourage potential buyers
and consequently prevent sales at an optimal and well-deserved price.
Defects that discourage:
- peeling paint
- squeaking or gluing doors and windows
- moldy sealants in the kitchen and bathroom
- dripping taps
- loose tiles
- sewage odors
- broken or damaged windows
- sand floors and stairs
- cracks (ceilings and plasters)
- lifting floors
Many buyers now see double glazing as an added value. Of course, if you are renovating a period property - you have to Be sensitive to the style of the house - otherwise you could reduce the value inadvertently! Replacement of old windows - they should always be replaced with windows, which are similar and windows that comply with current building regulations.
How to best add space value? Improve your existing layout - before you consider extending it. The maximum value will increase by improving the main living space
(kitchen, dining room, living room) and using the way they work together.
Adding an extra bedroom will definitely improve your situation. The number of bedrooms in the building has
a great influence on its value, so implementing an extra room will usually increase the selling price.
An attractive kitchen is an essential basis. However, before the total exchange, consider the elementary elements (shape, position) and decide whether any structural changes need to be made to the space. Kitchen renovations can be done by setting virtually any budget, it is NOT a very expensive investment (of course - the price always depends and will depend on your individual needs and ideas).