In the ever-evolving real estate market, identifying rooms that make the most impact can transform your renovation approach. If you’re considering selling your home, you can get a headstart by having designs and decor which appeal to future buyers. According to property experts, certain home areas hold more weight when it comes to adding value and appeal.
Boosting property value with strategic upgrades
In today’s competitive property market, home upgrades go beyond aesthetics and personal comfort; they are strategic enhancements that offer substantial benefits. With shifting family dynamics and working remotely from home, homeowners need their spaces more adaptable than ever. Upgrading particular rooms can significantly boost a home’s market value, making it more attractive to potential buyers.
Furthermore, with the growing emphasis on sustainability and smart technology, modernising your home can lead to a more energy-efficient and technologically advanced living space. In this competitive landscape, giving your home a contemporary edge is not just about immediate appeal but also about investing in its future value.
Key home upgrades suggested by Katrin Mitkova
Katrin Mitkova, a renowned property expert from House Sales Direct, shared her insights with Express.co.uk last year on the most crucial home features to upgrade in preparation for selling your property in the future.
- Why your kitchen is the best investment for your home
According to recent trends, kitchens are still the leading choice for remodelling in 2024, driven by homeowners’ desires to create more efficient and visually appealing culinary spaces.b Additionally, Mitkova highlighted the kitchen as the most critical room to focus on for renovations aimed at increasing home value.
Mitkova draws attention to how visible damages or flaws in a kitchen can deter potential buyers and how it’s a room that can be relatively straightforward to refurbish. She noted that homeowners don’t necessarily need a complete kitchen overhaul as key repairs or targeted upgrades can significantly boost a property’s market appeal.
- Enhancing your bathroom to attract buyers
Close behind kitchens, Mitkova supported the idea that bathrooms are the next most important area for upgrades. Due to frequent use, bathrooms wear faster and can easily become outdated, which may put off potential buyers. Mitkova suggests that updating a bathroom can significantly boost a property’s market value, potentially leading to quicker sales and offers closer to the asking price.
Simple enhancements like a fresh coat of paint, sparkling white grout, and modern cabinet handles can make an impact without requiring a large investment. With a bigger budget, updating the ensuite bathroom can be a strategic move as buyers desire modern and sleek designs.
- Maximising the appeal of your hallway
An area of the home, sometimes neglected, plays a significant role in setting the tone for the entire property. Your hallways are often the first point of contact for potential buyers entering your home so first impressions are paramount when showing your home. With its typically minimal furnishings, the hallway offers an excellent opportunity for easy and effective upgrades.
Mitkova suggested that simple enhancements, such as maintaining cleanliness and creating a welcoming atmosphere, can quickly elevate a property’s value and appeal, making it one of the quickest areas to focus on for impactful returns. To attract buyers, consider adding a statement mirror to create a sense of space and light, or even be creative and incorporate mosaic tiles in your hallway for a unique first impression.
Incorporating well-chosen artwork and modern lighting fixtures can enhance the overall ambience, making the hallway feel welcoming and upscale. As well as the entry hall, continue decorating throughout other hallways in your home to add appeal to otherwise plain corners of your home.
