It’s no secret that the housing market has become unprecedentedly busy as of late, with asking prices skyrocketing along with buyer demand. Houses all across the country have seen a rise in value of 8.35%, with the average house value in the UK currently sitting at £341,117. In order to make the most of this market, many people who had no intention to move are considering selling their homes.
If you’re considering moving, whether that be to make the most of the increased house prices or you’re simply because you’re looking for a change, it's worth trying to increase the value of your home before selling. There are countless ways to add value to your home, ranging anywhere between large home remodelling to small improvements you can make yourself. So, if you’re looking for the best improvements to increase home value, you’re in the right place.
In this blog, we’ll be going over how to increase the value of your house and the best ways to stir up buyer interest.
What home improvements add the most value
Typically, the renovations that increase house value the most are those that add features home buyers find appealing. Loft conversions, conservatories and extensions are all excellent ways of adding value to a property as they check some of the most important essentials off buyer’s wish lists. Unfortunately, while large scale building projects such as these are the most obvious ways to increase the value of your home, they are by no means fast or cheap. If you’re looking to make the most of the high asking prices and busy housing market right now, these expensive and time consuming home renovations simply aren’t an option.
How can I add value to my house quickly?
Unfortunately, there’s no way of predicting the housing market’s behaviour, while we can look at emerging trends - the housing market will likely always be unpredictable at best. However, if you find yourself looking to achieve a fast sale, you’re better off looking at smaller-scale renovations that can increase house value. These types of renovations are more about cleaning up the property in order to increase buyer interest, as it’s easier for a buyer to picture themselves living in a beautifully finished home than a property with old tiles, ugly carpets and marks on the wall.
Cheap ways to increase the value of your home
To help you complete all the essential upgrades you can within a limited time frame, all while sticking to a budget, we’ve put together some of our favourite small-scale renovation ideas, as well as a number of PVC panel installations that can help to increase the value of your home.
Adapt the layout
Starting with the most time consuming and expensive home improvement on the list, changing the layout of a home to be more practical or stylish can add value to the home. Whether you’re tearing down a wall between living and dining rooms to give a more open, airy feel or are adding a new wall in one large bedroom to create two smaller spaces, adapting the interior layout of your home can help tick off essentials on a potential home buyer’s list.
Fortunately for sellers hoping to stick to a budget, there are ways to limit the cost of this transformation - particularly in the case of adding new interior walls to a home. Instead of going through the hassle of hiring someone to install drywall, consider installing PVC panelling to your new interior walls. Easier to install and cheaper in that you can complete the installation yourself without the need of specialist knowledge or tools, plastic cladding can give a hard-wearing, stylish option for your home. We particularly recommend our Vox Movito modern nutmeg wood effect wall panels. Stylish with a cool, contemporary feel, these wood effect panels are sure to draw the attention of potential buyers.
Upgrade your bathroom and kitchen spaces
Typically the two rooms that cost the most money to renovate, beautifully finished kitchens and bathrooms are a priority of many home buyers. Whilst a kitchen, or bathroom renovation may appear costly on the surface, upgrading the value of these spaces doesn’t necessarily mean replacing expensive units or suites, instead - consider the overall cosmetic appeal of the room.
If your kitchen and bathroom spaces are looking a little worse for wear from marked walls or old, outdated splashbacks, it may be worth considering a budget-friendly, quick and efficient PVC panel renovation.
Stylish and modern, the Vox Movito modern 3D sheer wall panels are the perfect example of how to transform your space to increase the value of your home - without breaking the bank. 100% waterproof and great for kitchens and bathrooms, these concrete effect panels feature a neutral colour palette that gives any potential homeowner a starting base to design their own colour scheme.
Curb appeal ideas
There’s a reason estate agents spend so much time convincing the sellers they look after to increase their home’s curb appeal. With searching for a home largely taking place in an online landscape, having that perfectly appointed front image of a home is incredibly important. The last thing you want is for a potential buyer to scroll right past your home because the front looks a little worse for wear.
Easy to complete in your free time with any spare budget you have, try to increase the value of your home by repainting the exterior of your home, planting flowers to brighten up the space and removing any weeds you see. It might not feel like much, but anything to increase the number of buyers that see your property is worth doing!
Spruce up your interiors
Just as curb appeal helps to catch a buyer's attention, having well finished, seamless interiors will help you hold it long enough to make a sale. This method of home improvement won’t add value to your home, but is one of the top recommended ways to increase buyer interest.
One of the simplest and cheapest renovations of this kind is to pull out tattered, old fashioned carpets and replace them with stylish SPC flooring. The long list of impressive features of SPC flooring include their durability, ease of installation and reasonable price. As a hopeful home seller, this stylish flooring is much preferred to carpeting and helps potential buyers picture themselves in the home more easily. If you’re interested in learning more about the benefits of SPC flooring, take a look at our dark oak effect luxury vinyl, which offers a realistic oak effect without the high expense of real hardwood flooring.
Increase the value of your home with help from The Panel Company
At The Panel Company, we specialise in helping customers take on easy, fast and cheap DIY projects that could potentially increase the value of your home. Whether you’re hoping to improve your home interiors with the intention of selling quickly or just want a more pleasant, personal space to call your own, our PVC wall panels and SPC vinyl flooring could be the perfect low-cost option for you.