There are different reasons for making upgrades around a property. For those who buy and sell houses professionally, it’s likely that the main focus will be on creating a homely space that appeals to buyers and increases resale value.
If you are currently working on updating a property or two to sell on as part of your latest business venture, read on to find out what you need to know and the tools you need to stay on top of the latest trends.
Home upgrade trends
The renovations and revamps that property owners are making have changed in the last year. This is largely because after lockdown spent indoors, priorities have shifted and buyers have a new wish list.
For example, where outdoor space was a ‘nice to have’ before, it soared to the top of the essentials list in 2020. In answer to this, sellers are rethinking garden layouts and focusing on how the existing outdoor areas could become a major selling point.
The Rated People Home Improvement Trends Report 2021 expects this emphasis on the garden to continue. According to the report’s findings, over a third (64%) of potential buyers say they wouldn’t complete a purchase if the property had no outdoor space. Additionally, 29% want to move to a property that has more outdoor space than they currently have.
While outdoor space is having its moment this year, it’s also worth knowing what else is trending right now to attract buyers, and that is space. The Rated People report also revealed that a quarter of UK residents want to move to a bigger property, while structural jobs such as extensions and removing walls have all factored highly in the last year.
Home offices are also likely to be a major renovation trend. As 43% of UK residents plan to work from home more than they did before, it’s unsurprising that 38% are making changes to the current work from home setup.
The tools of the trade
To stay ahead of the curve when it comes to home upgrades, you might want to see what changes you can make before you call in the specialists. Attempting some DIY in the properties you’re planning on selling can be both cost-effective and a great way to channel some of the things that buyers are looking out for.
Whether you work on your own or have a business partner who is great a practical jobs, you’ll need to invest in a decent tool kit that you can easily take from one property to the next. You may already have tools that you use, or you might be building up your collection. One of essentials to consider includes a high-quality tool bag to make it easy to move from one property to the next – especially if you’re working on a few home renovations at once. Fill this with essentials such as hammers, screwdrivers, and a tape measure and spirit level. Other tools to add for any jobs around the property you’re working on includes a saw, wrench, pliers, and a drill. Pack a flashlight, too.
These may all come in handy for making spaces seem bigger or doing some upgrades to outdoor areas. Even a small yard can be transformed with the addition of a seating area, plants, and some homely touches.
Whatever updates you’re making, try to see what you can do before you call in any contractors.