Improving Property Value In 2020

If you plan on selling your home, looking for ways to add value to your property makes sense. At Ariston Property, we have assisted many local vendors to connect with buyers, and create a positive impression.

If you plan on selling your home, looking for ways to add value to your property makes sense. At Ariston Property, we have assisted many local vendors to connect with buyers, and create a positive impression.

If you are planning on selling your North London home, contact us and we will be more than happy to arrange a property valuation on your behalf.

According to research carried out by the Tap Warehouse, upgrading your kitchen and bathroom can improve the value of your home by 10%.

With the average price of UK home’s standing at £235,298; this represents an increase of £23,529. This would see the house value move up to £258,827.

You can improve your property value in North London

According to Zoopla, as of the start of September 2020, the average value of property in Archway is £656,230. 10% of this sum would be more than £65,000, so it is perhaps an exaggeration to suggest you can add this value to your home. However, the right standard of home improvements can make a home more appealing, and lead to higher offers from willing buyers.

Desirable features in the kitchen include:

Spacious and modern storage units

Island or breakfast bar

Glass doors leading outside of the property

Desirable features in the bathroom include:

A power shower

A stand-alone bath-tub

Good quality tiles and grouting

Four top tips from the experts at Tap Warehouse are as follows:

1. Clean the grout on your tiles or re-grout the tiles – which will result in the bathroom or kitchen looking newer than it did before

2. When decorating with selling in mind, opt for neutral colours, as this will help you appeal to more prospective buyers

3. If you are looking for an affordable way to upgrade the style of your kitchen or bathroom, you will find upgrading the taps is a great idea

4. Any homeowner who cannot justify the cost of a breakfast bar or kitchen island should consider buying a standalone unit

Tom Drake is a DIY specialist at Tap Warehouse, and he said; “Bathrooms and kitchens are two of the most expensive rooms to renovate, so poor quality in either of these is likely to give buyers the perception they'll need to invest a lot of money on renovations.”

You must undertake research in home improvements

Of course, while the points above will provide you with an excellent starting point, it is vital you carry out research. The size and condition of your home, and your budget, will influence what you can and cannot do. You should also pay attention to what is wanted by buyers in your local area.

At Ariston Property, we are pleased to say we know the North London market well, and we are here to assist you as best we can.

Tom also said; “However, if you make the investments yourself before you place your home on the market, you’re more likely to increase your profit. After consulting with property professionals, we uncovered that investing into the kitchen and bathroom can increase the average house value by 10% (£23,529). In our experience it's often the smallest details that can dramatically improve the perception of a home. Simply installing a new tap or a modern shower can completely transform an entire room.”

We know these are challenging times, but if you have any questions about the local property market, please feel free to contact us. At Ariston Property, we aim to support the local community as best we can, and we look forward to assisting you in any way.