Before selling a house: what adds value to a property?
There is a fundamental difference between value-enhancing and value-preserving measures. The latter help to prevent the loss of value that can occur over time. Value-preserving measures include regular maintenance of the property, for example by servicing and checking the heating system as well as roofs and facades. Value enhancement, on the other hand, involves upgrading your property through renovation measures so that you can increase the current market value of your home before selling it in order to achieve a higher selling price. Examples of value enhancement measures that can be profitable:
Increase energy efficiency
Energy-efficient renovation or modernization measures are particularly worthwhile in view of the rise in energy costs. In order to reduce consumption and increase energy efficiency, for example, the right thermal insulation is required. Replacing the heating is also one of the energy-efficient refurbishment measures. The cost is individual; find out in advance which individual measures are worthwhile for your property in order to sell it at a profit.
Modernize bathroom and kitchen
Increasing the value of your home by modernizing the bathroom and kitchen is another cost-intensive but often sensible measure. Whether underfloor heating or more comfort through a well thought-out colour and tile design: depending on which target group you are addressing and which functionalities are to be fulfilled, special modernization measures in these areas are worthwhile.
Create additional space
Whether for families or couples planning to have children, the value of a home can be increased by converting attics, for example, especially in times when there is a lack of living space in large cities. If it is possible to create more space, this measure can therefore be worthwhile for owners.
Brighten up facades and walls
Even if it doesn't fall under "modernization", painting the façade is a popular measure before selling a house. Sometimes cleaning the façade is enough to give it a clean look. If there are no cracks and it looks fresh, owners can score points with potential buyers. Minor cosmetic repairs, such as upgrading the interior walls, also pay off. This is another way to increase the attractiveness of a property with little effort.
Renewal of the floor coverings
When you enter a house, the floor will leave a lasting impression - and this can also contribute to the purchase decision. Replacing floor coverings is particularly advisable if they are badly worn. High-quality, modern floors have a significant influence on the atmosphere and feeling of living. Tastes differ: while parquet flooring is particularly popular in houses, laminate is often used in condominiums.