There are many factors involved when valuing a property, and this can be rather daunting if you are looking to sell your home. The value of your most important asset is often controlled by a number of factors with some being completely out of your control. However, there are some things you can avoid doing, or there are even things you can improve to help boost the value. We have taken a look at some of the things which can, unfortunately, affect the value of your home and how you can avoid making these mistakes.
This is one of the main issues which can decrease the value of your home. From unidentified cracks and a leaky roof to mould, these are definitely things which we buyers really don't want to see. Additionally, these aspects can impact the value of your home and are best to get sorted before your home goes on the market.
The exterior of your home is what potential buyers will see first, so first impressions most certainly do count! The state of your home can have an impact on its value, especially as potential buyers will want to see a well-kept garden and a clean and tidy appearance.
The same goes for the inside of your home unless you are selling it as a project. If there is a lot of work to do to your home to make it ‘liveable’ or it has not been modernised, then this will most certainly affect the value.
Unfortunately, any land developments or planning permissions close to your home is out of your control, and this is usually controlled by the local authority or external organisation.
If your home has beautiful views across fields then this is a great selling point. However, you should be careful that the land is not about to be developed on. It is well-known that there is a housing shortage throughout the United Kingdom with more and more housing development popping up.
Additionally, any changes your neighbour may be making to their home could also affect the value of yours. It is important that you let your estate agent and potential buyers know if you are aware of anything which may be being built.
Again, the location of your property is out of your control. At the moment, your home may be in the perfect place for your lifestyle as it could be close to your job or near your family. However, the location of your home can have quite an impact on its value. If you are currently living in a desirable location close to good schools and great local amenities or even transport links, this can often add thousands onto the value.
However, if your home is not in a desirable location or for example, the area has a high crime rate, this may reduce the cost you could sell it for.
The kitchen is often one of the strongest selling points when you put your home on the market as it is usually considered the heart of the home. If you have a great kitchen which has been modernised, this will be a great selling point, as well as giving your home a competitive edge. This is the same for the bathroom, and if you have a clean, modern bathroom this can add value to your home as the less fuss and work which needs to be done to your house can often mean a higher asking price.
Many of these points cannot be helped, but if there is anything you can do to your home before you put it in the market, then it is advised that you do so. This could be anything from finishing ongoing work to tidying up your garden. If you are looking for Dartmoor estate agents or are looking at selling your home anywhere else in West Devon, then please get in touch on 01837 54504.