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Do Home Improvements Add Value?

Well, the answer to this question is ….. maybe!

Some might, and some are unlikely to. Some may add to the value, but some may be valuable in other ways. So, here, we at Warren Powell-Richards take a look at whether all home improvements are equal.

We have bags of experience in property in and around the area, so if you need some expert advice on exactly what could add value to your home, just get in touch. Call us or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

What classes as a home improvement?

To start with, what exactly constitutes a home improvement? This is an interesting one. A new central heating system is undoubtedly an improvement, but chances are that a new system is being installed because the old one isn’t up to the job.

So, yes, it is a home improvement, but it’s not the same as, for example, building a conservatory.

Get a bit lofty

Many people are looking for a home that gives them space. Perhaps a growing family needs a couple of extra bedrooms, or a room is needed to use as a space in which to partake in a hobby or to work.

There’s no doubt that in the right area, the number of bedrooms can help increase the price of your property. You could go up into the loft, making good use of a void, or you might decide to have an extension built.

The thing to consider here though is why you are having the improvement done and what it costs. If it costs you £25,000 to have your loft converted, and it will only add an extra £10,000 to the property, does it make sense? Perhaps not if you’re doing it to sell your home, but it will if you intend on staying there and need the space.

Kitchen improvements

They say that the kitchen is the heart of a home. A tatty, tired-looking kitchen with units from the 1970s may well put people off. If you have a brand new, sparkling kitchen, then you can certainly up the value of your home.

If you don’t want to go the whole way to getting a new kitchen, have you thought about putting new handles on cupboards, painting doors, installing a new worktop? There are alternatives.

Drive up the value

You may be tempted to create space by adding a bedroom, office or playroom by converting the garage. But, put the brakes on and have a think. If you need to, fine. But, think about those who may buy your house when you sell. Are they likely to need a garage? So will you be driving up the value or making your property harder to sell?

By changing the use of the garage, you may be devaluing the price and attractiveness of your home – particularly if you’re in a busy town or city centre where parking is at a premium.

Decorating and landscaping

You’ve chosen some lovely wallpaper. And while you were at the DIY store, you picked up some ideas about landscaping the garden too. But, wait a minute. If you’re decorating or landscaping, you’re probably doing it to your tastes. That’s fair enough, but if a potential buyer comes along and really doesn’t like what you’ve done, you may not be getting any future value out of it – although landscaping may make your home more attractive and so easier to sell.

It’s about the value of kerb appeal!

What’s the added value?

It’s difficult to put a value on home improvements as they vary so much. A bathroom in one house may add £10,000 to a property, but a bathroom at another house that doesn’t match the same quality finish, may add just a couple of thousand. A decent loft conversion could add up to £30,000 to a property, but the profit depends on exactly how much it cost you in the first place.

As you can see from a brief look online, a lot of “value” is based on estimates.

Based on our experience and knowledge of the local property market, we can tell you what your property is worth now, and what it might be worth with a few home improvements.

Warren Powell-Richards are your local property experts. Call us or email This email address is being protected from spambots. You need JavaScript enabled to view it. to chat with a member of our friendly and experienced team.

 

A Guide to Removals Costs

There is a vast array of criteria to consider when budgeting for an upcoming house move.

Removal costs are often a forgotten expense. However, it is essential to account for them, preventing any nasty surprises.

How do Removal Companies Charge?

There are a variety of ways companies bill for their services. Most will charge hourly, which means the quantity of items you require moving is generally a good indicator of how much the job will cost.

Try to give the removals company the most accurate description of your home and belongings to obtain the best quote.

No two homes will look the same, and basing your move on the number of bedrooms can mean you estimate completely wrong. Underestimating the number of items you need moving will only lead to a larger than expected bill, a frustrated workforce, and a more stressful process.

Which day of the week you chose to move will affect the cost. Fridays and Saturdays are generally the busiest, and therefore the most expensive day to move to a new house.

Beware of simply choosing the company with the lowest rates. Remember, they are transporting your possessions, and the last thing you want is any hiccups on the final hurdle of the moving process.

Long Distance Moves

Most removal companies will charge a minimum fee, equating to their rate for two hours. However, this flat fee is generally not a cause for concern. Even the shortest of moves usually take longer than this when loading and unloading the van is considered.

Long-distance moves are generally much more expensive due to the time required to drive between properties. You may, therefore, be tempted to hire a van and move yourself. However, by doing so, you could be adding a great deal of unwanted and unnecessary stress to your day.

Packing Services

You may also choose to hire the removal company to pack and unpack your belongings. This can further help reduce stress in the lead up to the move.

However, this service comes at a cost. Expect to pay anywhere from £150 for a one-bedroom property towards the £500 mark for a three-bedroom home.

Although this is an extra expense to add to the process, it can be worth it if you lack the time or inclination to get involved with these tasks. You will be impressed with the efficiency with which the professionals work.

Be sure to discuss whether materials (packing tape, boxes, bubble wrap) will be provided by the team when calculating the expense.

Many removal companies will also offer a dismantling service. Perfect for any flat pack furniture that you wish to rebuild in your new home, helping with the logistics of moving between rooms. These services generally start from around £100, depending on the item and the company.

Special Care Items

If you have any particularly delicate or precious items you want to be handled with more care, you will pay more for the removal company to deal with them.

This may include using specially designed crates for expensive electronics such as televisions and computers or carefully wrapping any delicate art pieces.

Extra Equipment Required

The removal company might need to use extra equipment for any particularly heavy or challenging items you own. Some pieces may not fit up or down the stairs, meaning they have to be removed through windows. This process will undoubtedly add to the total bill.

Delays

Unfortunately, delays can occur when it comes to moving home. If your move is delayed by a matter of hours, there may be a waiting charge to pay to the removal company to cover the time they have lost.

If your move is delayed to a completely different day, there may be a cancellation fee payable. Consider other factors that may be included, such as the price of storing items or funding accommodation for yourself should the move become disjointed.

Insurance

Insurance is one of the most significant benefits of choosing a removal company over attempting the task yourself. Good companies will offer a range of insurance plans, starting from as little as £20, ranging up to insurance covering you for £50,000 worth of damages.

Insurance is always recommended to give you peace of mind during the moving process.

Final Thoughts on Removal Costs

It is tough to place an accurate figure on how much your move will cost. There are many factors that will need to be considered, including the number of items you have, the level of support you require and the distance you are moving. So it’s best to do your research and gain quotes from multiple companies.

Warren Powell-Richards are your local property experts and are in contact with some fantastic, reliable removal companies.

Call us or email This email address is being protected from spambots. You need JavaScript enabled to view it. to chat with a member of our friendly and experienced team.

 

4 Easy Ways to Make Your Home Office More Comfortable

Home offices are slowly becoming less of an ‘added bonus’ and more of a ‘must have’ for many properties on the market today.

With remote working on the rise and more people spending their days indoors, a home office needs to be a calm, constructive and comfortable space to work in.

In this article, we’ll share our top four easy ways to make your home office more comfortable when you’re working from home every day.

  1. Invest in a Good Chair

This is so important! If you’re feeling uncomfortable in your home office, your choice of chair could be the issue. Investing in a high-quality, ergonomic chair can make a world of difference to how supported and relaxed you feel throughout your working day. It could even make you more productive!

  1. Upgrade Your Desk

Space can be another reason why your home office doesn’t feel comfortable. If you have a small desk that makes everything feel cramped, this could be affecting how positive you feel when working in your office.

If you’ve got the space, upgrade to a bigger desk more suitable for your needs. Make sure you choose a style big enough to fit all your essential equipment on without feeling cramped.

  1. Tailor the Lighting

Is your home office too dark? Or too bright?

A healthy dose of natural light is ideal for a home office to keep you feeling awake and productive. But too much sunlight can cause glare on your screen making it difficult to work without squinting!

If this sounds like a familiar issue, think of ways to make your home office comfortable all year round. Invest in a pair of light-filtering curtains, day and night blinds or a good lamp. Any of these things can help tailor the lighting in your home office to suit your needs and make you feel more comfortable.

  1. Regulate Temperatures

Being too hot or too cold in your home office can undoubtedly affect how comfortable you feel. Regulating temperatures can be tricky, especially if your home office is in a small room that gets very hot, or is in an open-plan area that gets very cold! But an optimum temperature will make a huge difference to how comfortable you feel.

Final Thoughts

Making a home office more comfortable will mean different things for different people but our simple tips will give you a better idea of how to make your space more pleasant for you to work in.

If you’re interested in learning more about how a good home office can affect the resale value of your property, Warren Powell-Richards are your local property experts, and we’d love to provide a valuation of your home.

Give us a call today or send us an email at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Should You Renovate or Sell Your Home?

Unsurprisingly, most homeowners ask themselves this question at some point: “Should I renovate or sell my home?”.

The answer though depends on many factors including:

What renovations do you want to do?

How concerned are you about resale value?

Will the investment will be worth it.

Here are our top three questions you should ask yourself to help you decide whether to renovate your home or sell up.

  1. Are You Happy in Your Home?

It’s may appear obvious, but you need to understand why you’re asking yourself the question, “Should I renovate or sell?”.

Is it because you’re unhappy with your current property?

Or is it because you need extra space?

Or is it for some other reason, like turning a profit?

If you’re unhappy with your home, consider whether renovating your property will actually make you feel happier living in it.

While renovating your property can make a huge difference to how it looks and feels, it might be time to sell if the issues you have with your home extend further than it’s appearance.

  1. Do You Need Extra Space?

If you’re thinking about renovating to give yourself extra space, you may be considering extending or converting the loft into a bedroom. If so, it’s worth considering whether investing in an extension will be worth it in terms of added value.

It’s also good to think about how sustainable those changes will be. It may give you an extra bedroom, but if you’re planning on growing your family even further, will you still need to move in a few years anyway?

Sometimes, it can be more worthwhile, both financially and in terms of effort, to move to a larger property rather than extend.

To help you decide, it’s worth browsing properties for sale with your local estate agent to see what’s available and for what price.

  1. What Value Will Home Improvements Add?

Ask yourself, “Is it worth it?”.

Renovating a property can be costly and take time. While it’s important to enjoy your home and not always think about resale value, some home renovations, like extensions, kitchen remodels or bathroom refits, can be expensive.

Depending on the area you live in, you may not make your money back on the property. And if you’re planning on moving in a couple of years, you may not get the full enjoyment from the renovations yourself.

The best thing to do is speak to a local estate agent about your plans. They will complete a valuation of your property and advise you on home renovations that will potentially add value. You can also ask whether it may be more financially beneficial to move to a larger home rather than renovate.

We Can Offer Expert Advice

At Warren Powell-Richards, we are your local property experts. If you’re thinking about selling your home, our friendly team are happy to help.

Give us a call today or send us an email at This email address is being protected from spambots. You need JavaScript enabled to view it. to start the conversation.

 

Selling a House at Auction vs Estate Agent: What Are The Pros and Cons?

So, you need to sell your property and you’re wondering which is the right path for you. Auctions have their benefits, but so does selling via an estate agent, so which is better for your situation?

If you’re wondering whether you should sell your home via auction vs an estate agent, here’s an overview of the pros and cons to help you decide.

Selling at Auction

What Are the Cons of Selling at Auction?

Let’s get some of the negatives out of the way first. Selling at auction may be quick, but it does come with some risks and downsides, including:

Added fees: There could be added fees when selling at auction that can make it a more expensive option. You’ll need to instruct a solicitor to prepare a legal pack before you sell. Plus, you’ll need to pay the auctioneer’s marketing and commission fees.

Limited buying pool: Buying a property at auction isn’t the traditional route, so your buying pool is already limited. Plus, auctions have a reputation for ‘hard to sell’ or fixer-upper properties, which can attract low-paying buyers looking for a great deal.

It doesn’t sell first time: A good auctioneer should drum up interest from the right kind of buyers. If they don’t market your property well enough, your property may not sell first-time around.

What Are the Pros of Selling at Auction?

Despite the cons, there are lots of benefits to selling your property at auction, including:

Quick turnaround: Auctions are renowned for their quick turnaround. Usually, they require completion just a month after the winning bid.

Low risk of fall-through: When the gavel hits, your buyer is committed. They pay a hefty deposit on the spot and immediately sign the contracts. Even though they could still pull out, it’s highly unlikely.

Inspires competition: An experienced auctioneer can inspire a healthy amount of competition for your property. If this happens, your property could sell for more than you think. However, getting a good deal isn’t guaranteed when selling at auction, so be wary of any auctioneer that promises such things!

Selling a Property Via an Estate Agent

What Are the Cons of Selling Via an Estate Agent?

Not cons exactly, but if you are considering the traditional method of sale, there are some things you’ll need to take into account:

Estate agent fees: Just like auctions have fees, you’ll still have to pay for the services provided by your estate agent.

Security of sale: Good estate agents take measures to prevent gazumping. But, since buyers aren’t charged an instant deposit like they are at an auction, there’s less security in the sale going through.

Time: Selling via an estate agent can be a quick process. But it’s highly unlikely it’ll ever be as quick as an auction house!

What Are the Pros of Selling via an Estate Agent?

It all depends on your situation. If you have time to work with an estate agent, it will mean:

Less admin: Estate agents make life easier. They prepare the property listing, take photos, market your home, organise viewings, answer countless enquiries on your behalf and ensure the sale progresses smoothly. Auctioneers can lend a hand, but it won’t be as in-depth as an estate agent.

Higher selling prices: Usually, you can get more value when you sell your home via an estate agent compared with an auction. Unlike auctions that have a limited buying pool, everyone’s at the table when selling via an estate agent!

More control: Even though you can set a reserve price at an auction, there’s no telling how much your property could sell for. Selling via an estate agent gives you full control over the price you get.

Need Help Deciding?

We’d love to have a chat with you. Here at Warren Powell-Richards, we’re your local property experts. We can help you decide which route is best for selling your property.

Give us a call today or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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