Removing the bath
“Many property developers can be tempted by the prospect of removing the bath in order to make more space in the bathroom. However, a property that lacks a bath can greatly reduce its value and also limit the number of prospective buyers.
“Having no bath can be particularly off-putting to potential buyers who have a family, or who are planning on starting a family in the future, as they are typically used for young children. Alternatively, when developing a property with a smaller bathroom, consider a two-in-one bath and shower unit to maximise the space without reducing the value.
Garish or overly bold colours
“When decorating a property to be resold, avoid the temptation to go bold, garish, or overly personalised when it comes to decoration. Bold colours, patterns, and quirky decoration will likely not appeal to the broader spectrum of potential buyers, who more often than not, will prefer a more modest, neutral design, which they can easily modify to their own personal preferences. Think natural tones, plain walls and functional spaces.
Textured walls and ceilings
“Adding texture to the walls and ceilings is certainly an outdated design approach, which was a feature in homes several decades ago, and was used in an attempt to hide imperfections with the property’s surfaces. Psychologically, this decor choice will not only look dated, but can lead to prospective buyers thinking that it is a conscious choice to disguise defects.
“Instead, opt for non-textured, smooth walls and ceilings. If the property does have minor imperfections, it is likely more beneficial to invest in rectifying these minor cosmetic issues, rather than attempting to cover them, which could decrease the value of the property.
Converting the garage
“Although it can be tempting to undertake a garage conversion to add extra rooms to the property, this can greatly reduce the value of the property, as many prospective buyers place value on additional parking space.
Removing period features
“Although you may want to create a modern and contemporary design for the property you are reselling, period features can actually add value and character to the property. Features such as beamed ceilings, period fireplaces, and panelling are often a significant draw for many prospective buyers, so avoid removing these classic features if you have them.
Outdated kitchen or bathroom
“The kitchen and bathroom are often a significant deal breaker for prospective buyers - an outdated bathroom or kitchen will be off-putting, but a modern bathroom and kitchen can help to increase the interest and value of the property.
“The prospect of having to renovate these essential rooms whilst living in the property is often a significant consideration too, as this would be seen as highly inconvenient, as well as an extra additional cost to consider.
“Although costly, these renovations are worth investing in before the property is listed for sale, in order to add value to the property and appeal to a wider range of prospective buyers. It is important to avoid over-personalisation when it comes to renovating the kitchen and bathroom, keeping the style simple and minimalistic so that it can be easily changed should buyers wish to.
Converting bedrooms into hobby rooms or offices
“Further room conversions throughout the property can reduce value, especially bedrooms. Permanently converting bedrooms into hobby rooms, offices, or home cinemas can deter prospective buyers.
“For example, if a property is listed as having three bedrooms, a prospective buyer will usually expect all three bedrooms to be usable for that purpose, so ensure that converted rooms are easy to change back to liveable bedrooms.
Inconsistent flooring or carpets
“For many buyers, consistency of flooring throughout the house is important. It can be tempting to add individual personality to each room by incorporating different flooring or carpets, but generally, a consistent design should be ensured.
“In areas of the home where there is plenty of footfall, such as hallways and stairs, high-quality hardwood flooring is preferred by most buyers, as it’s easier to clean than carpets.
Poor DIY craftsmanship
“When renovating a property, high-quality craftsmanship is vital to ensure that you are adding value, rather than losing it. Quality DIY and craftsmanship are essential, as low-quality work that appears amateur or substandard will be highly off-putting to buyers, and reduce the sale value of property.
“Poor quality decoration, badly fitted units, and uneven floors, are all factors that can lead to agents greatly reducing the value of the property. Do your research, and invest in well-trained, and reputable professionals to undertake any modifications you make.”
