In the UK an Englishman’s homes has always been his castle.
People often say they are an extension of their owners. The way we decorate them, design them and the things we fill them with.
We’re often asked what someone can do to quickly increase the value of their home. We’ve written about that previously and would be happy to share that article with you – simply get in touch with us or you will find it on our website in the blog archives. Here is the link http://mkiea.co.uk/five-quick-and-easy-ways-to-add-value-to-your-home/
The subject came up because I was chatting to a guy in the office the other day who’s sale had recently fallen through because of a loft conversion that didn’t have the correct building regulations and the buyers had got cold feet, wondering what other DIY delights he might have done that could cause future problems!
So, it got us thinking, what sort of things can affect the value of your home in a negative way?
Here are three things that spring to mind for starters.
1) Over improving.
This sounded strange when first brought into the conversation but it’s true. For example, if you have taken a double bedroom and turned it into two smaller rooms this can have a negative effect on the saleability and value. Other over improvements can include Astro turfing your lawn (this splits people, some like it, some hate it, personally I like the idea of the low maintenance and not having to cut the grass!) changing the exterior appearance of a property to make it out of character with the surrounding properties and no cladding or pebble dashing! Mind I haven’t seen those no no’s for many years thankfully!
2) Neglecting the outside of your house.
I’ve seen plenty of properties where the interiors are stunning only to go outside and see a bowing roof, chimneys leaning with greenery growing out and gutters and down spouts coming away from the property! A lick of paint can do wonderful things for a property but choose wisely. The only thing worse than a tired looking exterior is a lurid paint job which looks like a group of pre-schoolers found the paint tins in the garage and have created their own little ‘masterpiece’. Creativity and being arty has its place – but that’s not on the outside of a house. Neutral colours work best if painting the exterior or if using a darker colour, make sure it is in keeping with the character of the area.
3) Cowboy builders or Dodgy DIY.
Building an extension or loft conversion usually adds money to a property’s value. But in some cases, if done badly it can see thousands wiped off the value of your home if a surveyor comes along to see it. As mentioned previously, trying to cut corners and not obtaining the correct planning permissions or building regulations will cause all manner of problems. If there are faults and essential works that need carrying out to rectify things caused by bad workmanship this can rapidly decrease the property’s value. Not to mention most people walk away from botched building projects, so, choose your builders wisely.
So, there you have it folks, and just like when you watch a knife throwing act on Britain’s Got Talent all “Don’t try this at home.”
Thanks for reading. See you next time.
Whether you are selling, buying, letting or renting, we’re here to help. Call Patrick, Sarah, Joe or myself on 0161 428 3663 or email: firstname.lastname@example.org for expert advice which is honest, accurate and informative. Better still, why not pop into our High Street office for an informal chat, you never know, we might even stretch to one of our famous brews!