Niche home improvements: keep them middle of the road to protect property values
A home should be a very personal space, and there is absolutely nothing wrong with injecting your own tastes and personality into it. However, when it is time to sell your property, you need to leave your personal tastes out of the process as property values may be reduced (i.e.. the value of your home could be adversely affected). What you may find tasteful and attractive might not be to the taste to your potential buyers. If your home is awash with very distinctive, vividly coloured features and designs, you risk alienating some buyers completely. Create a neutral look that is unlikely to offend anyone, and your house should appeal to the broadest possible range of potential buyers.
Protect property values, keep home improvements to a minimum
Buyers who can’t imagine themselves living in your property due to the niche improvements you have made are highly unlikely to put an offer in. Keeping things neutral and plain may seem a little counter-intuitive, but it can be the best way of keeping everyone interested. You are, in effect, creating a blank canvass for buyers, and that can result in quicker house sales and a favourable house valuation. If you are in any doubt about what buyers want to see in the properties they are viewing, take a trip to a local property builder’s show house. House builders use professional ‘stagers’ and interior decorators to make their homes appeal to a broad spectrum of the population, so you should be able to pick up a few tips.
House prices can be affected by interior wall coverings
You might like to paint the walls of your daughter’s bedroom pink, but that could be off-putting to families with no young children or those that only have boys. Although this may not seem like a big deal to you, such a room could end up defining your entire house. If your buyers had the choice of your house – with its distinctively coloured bedrooms – and an identical house with rooms that appeal to anyone, there is a very real chance that they will choose the house with neutral colours. Cash-strapped families and first-time buyers will often want to move into a property straight away, and anything that stops that from happening has the potential to affect house sale prices. Check for free, property values by postcode using our calculator to see the value of your home and neighbouring properties.
Property values can be lowered by niche exterior finishes
During the 70s and 80s in particular, the popularity of stone-cladding soared in the UK. Because such niche fashions are cyclical, it is no surprise that many people now view such exterior features as garish and distasteful. Unlike interior decorations, making exterior improvements is usually a complex issue to reverse, so any decisions in relation to the exterior of your home should be given very careful consideration. Plain, old brick doesn’t usually offend anyone, but painting your house bright blue will definitely alienate a significant proportion of potential buyers who consider property values as an integral part of the house buying process.
Irregularly shaped rooms can adversely affect property prices
Homes with well proportioned rooms – rectangular or square in shape – will usually be preferred over irregular rooms such as L-shaped kitchens and triangular guest rooms. If your home has unusually shaped rooms, performing a few renovations might prove cost-effective when it comes to a house valuation. If you are thinking about an extension, it is always best to stick to squares and rectangles – anything else might be considered niche, and that can reduce demand.
Land registry prices in your area can be checked on Zoopla.co.uk, and they can prove very useful in determining a link between niche home improvements and reductions in property values. The best way to achieve optimum house sold prices is for homeowners to make their property as widely appealing as possible – something that sticking to niche home improvements will make almost impossible.
Flying Homes advocates that you check carefully with a local estate agent exactly what impact any home improvements that you are planning will have on the value of your home (property values), If you need to sell your home quickly then call us on 0800 68 99 420 and get an instant no obligation quote or complete the online form!