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Home improvements to increase property value

While home prices in the UK have almost trebled since the century began, the housing market is set to witness a decline in price growth over the coming months.

As the cost-of-living crisis is imminent, it is predicted the market will drop to 1% annual growth in 2023 from 11% in March earlier this year.

However, the state of the property market remains uncertain, therefore while some prospective homebuyers might be waiting for house prices to fall to enter the market at a lower rate, there is no guarantee they will fall; it is also worth noting that mortgages may begin to increase as the effects of the living crisis is felt and as banks make it tougher for homebuyers to qualify for them.

Double/triple-glazed windows

Double and triple-glazed windows significantly increase your home’s value by heightening security as the windows are sealed tighter and harder to break than other materials.

Energy-efficient features

Alongside protecting the property from rising electricity prices, homeowners can expect to earn a greater return on investment by utilising features such as solar panels, LED lights, controlled ventilation or heating and cooling systems.

With over 73% of individuals admitting they worry about the energy performance of their current home, there has been a sharp increase recorded in those seeking a property with energy-saving attributes.

Homebuyers may also find themselves attracted to an energy-efficient property as they provide protection against any future turbulence in the energy market.

Refurbish the conservatory

While a conservatory is a cost-effective extension that instantly adds value to your home, issues such as roof leaking, dampness and uncontrollable temperatures are all factors with the potential to decrease its overall value.

Refurbishing the space provides a great way to utilise old components or rebuild a new structure entirely.

Update the kitchen

While a kitchen refit can add up to 5% on top of the original house sale price, renovating the kitchen entirely is an extremely large project involving a huge level of commitment and work.

Therefore, if homeowners want to give their kitchen a new lease on life without breaking the bank, there are alternative ways to transform the space.

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We offer property survey services of the highest quality. Using state-of-the-art equipment, we provide top-notch property surveys at affordable prices. Our prices are based on the number of rooms rather than the value of the properties, so you will always get the best value for money with our services.

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