Low-cost Ways to Increase the Value of Your Property

curb appeal

Is your home starting to look tired and unloved? Perhaps life has got so busy that it’s hard to find the time to take on even relatively minor DIY projects? That’s clearly not the case for everyone, however, after a study found that in recent years the number of homeowners prepared to carry out improvements rather than move has increased five-fold.

Alternatively, maybe you are looking to move, but want to maximise your property’s potential? As of December 2019, the average house price in the UK was £234,742 – an increase of 2.2% compared to the previous year. Whether the price of your property falls below or above that mark,  it’s entirely understandable that you want to improve your financial position as much as possible and enhance the value of your home.

Here are a few ways to do just that, without breaking the bank.

A lick of paint

Many people find painting and decorating a very therapeutic process, as you replace the old, stale shades with an exciting colour that refreshes the room. Even just touching up the existing paint with a once-over can make a marked difference, and potential buyers are likely to be grateful to move into a place that needs little-to-no work.

Spruce up the garden

If you’re lucky enough to enjoy an outdoor area, it’s best to make the most of it as it could add as much as 20% onto the value of your home. Keeping the lawn nicely cut, the hedges trimmed and the flower beds tidy are all fairly simple ways of helping your garden to look its best, while placing a mirror or two around the boundary edges can help to create the illusion of a larger space.

Let there be light

You may also want to consider installing new light fittings to give your property a more contemporary feel. Picking the right lamp shades and overhead lighting can help to showcase the best parts of your home, while subtle outdoor lighting on the driveway and exterior walls can give it a grand appearance.

Crown moulding

Speaking of grand appearances, why not introduce some crown moulding for that regal effect? By drawing the eye upward, it creates the illusion of height and can add value to your home. Velvet sofas and gold-framed mirrors can add a hint of luxury to your home that may catch a buyer’s attention and encourage them to meet your asking price.