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Gorvins Residential Five Things That Can Devalue Your Property and How to Fix Them

Five Things That Can Devalue Your Property and How to Fix Them

Last Updated: November 6th, 2023

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When preparing to sell your home, it’s not just about the upgrades you make — it’s also about mitigating factors that could devalue your property. Awareness of these issues and knowing how to tackle them can not only preserve but potentially enhance your home’s value. 

Here’s what to watch out for and how to address these common challenges:

1. Neglected Exterior and Gardens

The Issue: First impressions count. A poorly maintained exterior can suggest hidden problems inside, leading potential buyers to undervalue your property.

How to Address It: Refresh your property’s exterior with a new coat of paint, tidy up the garden, and declutter the entrance. Small investments here can yield considerable returns in perceived property value.

2. Dated Interiors

The Issue: Kitchens and bathrooms that seem frozen in time can be off-putting to buyers, who may factor in the cost of renovations into their offers.

How to Address It: Modernize the most impactful elements like cabinet fronts, taps, and lighting fixtures. These updates need not be expensive but can modernize a space significantly.

3. Unresolved Maintenance Issues

The Issue: Deferred maintenance, such as a leaky roof or ageing boiler, can lead to reduced offers as buyers consider the costs and hassle of future repairs.

How to Address It: Tackle maintenance issues before putting your house on the market. Obtain a homebuyer’s report to identify any urgent problems that could affect your home’s value and rectify them.

4. Overly Personalised Decor

The Issue: Unique décor choices might suit your style but can make it harder for buyers to envision themselves living in the space.

How to Address It: Neutralize your home décor. Repainting walls in neutral tones and removing any unconventional fixtures can help potential buyers see the property as a blank canvas.

5. Poor Energy Efficiency

The Issue: With energy costs on the rise, a home with poor energy efficiency is less attractive to energy-conscious buyers.

How to Address It: Invest in cost-effective energy improvements like better insulation, efficient lighting, and perhaps a new boiler to improve your Energy Performance Certificate (EPC) rating.

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Gorvins Residential LLP

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