When you first read the five tips to increase value of your property, you may probably envision expensive outlays, tiresome renovations, and only a little return on investment. What most homeowners don’t realize is that increasing their home value is easier than they think and often well worth the effort. With many years of experience in the industry, I have been to countless number of houses, sold, and learnt what most buyers look out for when viewing houses. Following are my five tips to increase value of your property:

1. Upgrade the Kitchen

It’s often been said that the kitchen sells a home. A modern kitchen is what everyone wants. The good news is that you don’t have to tear out your kitchen and start anew; a smaller investment can have a serious impact. Add in new energy-efficient appliances, as well as new countertop. You may overlay the flooring without the need to hack. These simple and fairly inexpensive additions will result in a fresh, coordinated look.

2. Make the Bathroom Sparkle

Bathroom updates are always a smart move, however large overhauls aren’t often budget friendly. You can overlay the flooring, replace outdated wallpaper with a textured finish, replace old lighting fixtures, cabinet knobs and faucets, and a neat paint will help you add some shine to your property.

3. Paint the Walls

One of the simplest, most cost-effective improvement is, of course, paint! Freshly painted rooms look clean, updated, and instantly attract value. Note that neutral colors appeal to the greatest number of people, helping to make your home more desirable. What’s more, paint is incredibly affordable and is a quick fix for most homes.

4. Polish the Floorings

First impression counts. Floors are the very first element of the house that buyers will engage with. Polishing your marble, or parquet floorings will give impression that the house has recently been renovated, or it is well maintained.

5. Remove Unwanted Items

A house with too many furniture, electrical appliances, unsightly items may give the impression that the house is small in size, and not well-maintained. Perhaps it is now the time that you remove unwanted items, declutter your house, and tidy up and keep the unsightly items.

The cost of upgrading the above usually outweighs the return you can get. If you are selling your house, buyers are likely to pay more than your cost of upgrading, and your house is likely to be sold faster reducing the number of viewings required.

At Pinnacle Estate Agency, we strongly believe in sharing our real estate knowledge to the public.⁠ For more content like this article, check out our Singapore Property Guides.