5 Things That Add Value To Your Property Before Selling

Looking to increase the value of your property in Malta or Gozo before selling it on the market?

In today’s real estate market, when selling your property, people expect houses to be air-conditioned, and might even be put off if they’re not. However, installing air conditioners will not increase the value of a property. This is mainly due to it being a standard feature.

The same goes for anything else that might make things function better but that isn’t really evident when people come to view the property – such as installing a new electric system.

The trick with updates that actually add value is to make sure they can be seen and appreciated. So, here’s a list of five things that are highly likely to push up your home’s value before selling your property.

1. Build an extension

If you have space to increase the size of your house, be it horizontally or vertically, do it. Having extra living space is never a waste, and an extra bedroom or office will surely boost the value of your home in Malta, especially if you decide to sell your property. What’s important to keep in mind, however, is that this should not ruin the overall feel of the house; in other words, extensions should not feel or look ‘extra’.

2. Revamp Your Kitchen and Bathroom

Nothing has more of a ‘wow’ factor than a gorgeous new kitchen or a sumptuous new bathroom. These are very expensive investments, and viewers are more likely to discount properties with rooms that are falling to pieces.

3. Add a Garage

If you have space to build a garage, or if there is one in the vicinity, then consider investing in it and selling it with the property. Parking is becoming increasingly impossible and a garage could easily add an extra €10-20k to your property, like a maisonette for sale, especially if it’s in a very busy area like Sliema, St Julian’s, Valletta or Victoria in Gozo.

4. Make It Look Nice from The Outside

Perception plays a role in defining property prices. Looking at St John’s Co-Cathedral from the outside, you’d brush it off as yet another modest church, even though it’s really not!  When you’re selling your property in Malta, make sure that the outside looks impeccable. Your front doors and windows should be clean, and if they are made from wood be sure they are given a lick of paint. Also, try adding character by popping some plants outside. Read more about the importance of presentation when selling your property. 

5. Basement? Washroom? Use Them! 

If your house has any of the aforementioned rooms, make the most out of them. Install a bar area in your basement, or turn it into a games room. Turn your washroom into a living space and your roof into a garden – the important thing is to give each space character and purpose.

Choosing the right real estate agent may also guide you in the right direction to ensure you achieve top dollar as well sells within a minimum time.