How to increase the value of my property?

One of the biggest attractions of buying a property is that over time they tend to increase in value and become great investments. However, we can always improve certain aspects of a property and ultimately make it more valuable. Do you want to know how to increase the value of a property?

Internal factors that increase value

Undoubtedly, remaining hand over fist does not seem the most sensible option if we intend to sell a house that has a lot to offer, but needs to be encouraged to carry out certain changes so that its full potential can be realised. Specifically, we recommend that you review the following:

1 – Make your home greener

We are increasingly concerned about living in houses that consume less and, of course, have less impact on the environment. There is a lot you can do in this respect and we are sure that these improvements will be enthusiastically welcomed by those who may be interested.

For this reason, we encourage you to install a more efficient boiler (such as an aerothermal boiler that extracts energy from the air), solar panels or even windows that insulate the house from the cold outside in winter and from the heat in summer. In this way, you will combat energy wastage and reduce your energy bills.

2 – Lighting in the home

We must also pay attention to such a crucial aspect as lighting. A dark house does not usually arouse great passions. Use LED lights, motion detectors, which have become so popular in home automation and which allow us to save money, as they will only switch on when someone is in a specific room… In short, simplify your day-to-day life and let your home be filled with comforts such as those described above.

3 – Layout of the house

A modern and practical layout is one of the most important factors when it comes to deciding a sale. We recommend that you look to gain space, especially if the house is small. Remember that functionality must come first. Therefore, avoid long corridors that do not contribute anything, rooms with corners… In short, if you want to know how to increase the value of a property, start by not wasting space and opt to remove the necessary partitions, if this allows you to gain light and some much sought-after metres.

External factors that increase the value of a home

Of course, there are a series of circumstances that justify a property being worth more than others. It is possible that you can already imagine what they are. In any case, let’s review them:

1- Location

A property located in a neighbourhood that enjoys all kinds of services or that has a privileged location in an area close to the beach or a natural spot of undoubted value also arouses greater interest among buyers.

In addition, the presence of green areas, sports fields, as well as public services and schools also score highly.

In short, an optimal location is clearly reflected in the price, which will be higher or lower depending on the specific circumstances.

2- The real estate market

Of course, we are subject to the inherent fluctuations of the labour market which, like any other sector of commercial activity, is affected by supply and demand.In conclusion, if you intend to sell a property, don’t make the mistake of selling it without introducing certain reforms that will ostensibly improve your chances of selling it, so make an effort and you’ll see what a change!

Get in touch with our expert to have a closer look at the state of your home, make recommendations about how to unlock the property’s potential or directly carry out a price estimation.

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