A bit of extra work can make a big difference to the value of your property. Photo: Getty
When selling a property, everyone wants to get the best possible price. It might involve a bit of hard work but there are lots of little ways you can boost its value without spending huge sums.
Yahoo Finance UK spoke to five property experts about how to increase a property’s value with a limited budget.
Create a good first impression
Buyers decide whether to buy a house early on in the process — research by Strutt & Parker showed that 76% of house-hunters believe first impressions are everything when buying a home.
Property investor and online educator Claire Louise Owen said it doesn’t take much to add curb appeal to your home to improve the attractiveness of the property at first sight.
“Clearing the driveway or front garden is such an easy task…. jobs could include painting the fence, clearing the weeds and replacing broken paving slabs, planting flowers and feeding the grass, build bin storage, clear and clean gutters, painting windowsills and replacing the door or door accessories,” she said.
Make your garden count
Multiple lockdowns during the COVID-19 pandemic have seen the value of outside space skyrocket. If you’re lucky enough to have a garden, make the most of it.
According to finance brokers Norton Finance, well-maintained gardens increase the value of your home by 20%.
Read more: Does an extension really add value to your home anymore?
Adding plants and flowers is inexpensive and makes an instant difference — you can pick up bulbs cheaply online or from a garden centre, and keep your garden looking good by mowing the lawn and cutting back trees.
Replace harsh lighting
How you light a property makes a real difference to potential buyers — especially if the viewing is in the winter or the evening.
“Edison bulbs in particular have become very popular, as they are cost effective and create a stylish, warm and interesting light,” said Graham Bauer, director at Neilson & Bauer.
“A large Edison bulb can be very effective in the hallway for instance and create a wonderful atmosphere for around £50 ($68). This will certainly enhance the saleability of the property and, used correctly, can add on a couple of thousand to the value.”
Decluttering costs nothing — in fact, if you sell unwanted items, you might even make money.