Posted: Thursday, 8 September 2016 @ 09:30
If you were planning on selling your house this year or even in the near future, the advice from the experts is to wait. Thanks to a shock Brexit vote, the housing market is facing a period of uncertainty that nobody can predict. House prices are generally falling – which is good news for first time buyers, but not for those homeowners who are planning on selling and moving on.
If you want to get the highest possible price for your property, then you’ll have to wait it out. Article 50 hasn’t been triggered yet, then following that process the UK will be in limbo for another two years until we finally leave the European Union. Only after we’ve left the EU will the economic impact be truly known, and perhaps the housing market will stable once again.
What does this mean for homeowners who have to stay put? As now isn’t the best time to belling your home, why not focus on improving your home and boosting its value? You’ll feel better living in it a little longer, and you should also see the benefit when you do sell the property. Here are some home improvements you can start planning now to create your dream home.
Add a conservatory
Extending your living space is always a good idea, especially if your main goal is to add value. Property expert Phil Spencer suggests that building a conservatory can add up to 7% in home value, rising to 11% for a full extension. If you can build a low cost conservatory, you could make quite a bit on your return on investment. To ensure it is a valuable addition, make sure the conservatory matches the style of the building and can be used all year round for an enhanced lifestyle.
The windows of a property have two very important purposes: to look attractive from the exterior, and to be functional and efficient for the property. Old and tired looking windows can not only make a bad impression, they could be the reason your energy bills are creeping up. Get dreary frames repaired or have all of your windows replaced with modern alternatives and you’ll rapidly notice the improvement.
Focus on the outdoors
A lovely garden or outdoor area is really important for buyers these days. You don’t have to spend loads or do a whole transformation to notice the difference. View the garden as an extra room of the house and pay a little more attention to it – and not just during the summer. Put an emphasis on your patio or seating area and make it as inviting as possible. Similarly, keep your flower beds and lawns neat and tidy. Simple upgrades such as decking can add a bit of value to your home and let you enjoy your garden more often. Thinking of making some home improvements? Speak to our experts who can advise you on a range of interior and exterior enhancements.