Like a fine wine, your property will appreciate in value over the years, provided you carry out a few improvements, enhancements or extensions. Here are a few current ideas...
8 years and 3 months is the average length of time a property is held. There's no question of resting on one's laurels during this period, since the prospect of resale may be just around the corner. Even if real estate is enjoying a great deal of popularity, with an average increase in value of 1 to 2% per year, work on your property will make it easier to negotiate... As good real estate professionals, notaries can only encourage you to opt for quality restoration work. They rely on companies offering ten-year guarantees. This insurance will make all the difference in the eyes of buyers, since it will help to create a sort of maintenance logbook for the property, a passport that has recently become a requirement for co-ownerships.
100% useful work
Insulation work is always seen in a very positive light, and makes all the difference in the eyes of buyers. This involves replacing windows, orinsulating walls and roofs. These investments are all the more attractive as they contribute to improving the energy rating of the house or apartment. When it comes to resale, buyers are particularly interested in reading property diagnoses, and especially the one devoted to energy performance (DPE).
The same applies to all improvements that will help lower energy bills. For example, an old oil-fired boiler can be replaced by a heat pump. Similarly, a more environmentally-friendly auxiliary heating system, such as a wood-burning or pellet-burning stove, is a good investment. It's worth noting that these improvements must also be accompanied by proper upkeep of the property. This means keeping a close eye on the roof to prevent lichen from damaging it. Every 4 to 5 years, you'll need to remove the undercoat. It's also a good way of spotting broken tiles that could lead to water infiltration. While such work can help you sell your property more effectively, it can also help you negotiate a higher price...
100% value-enhancing improvements
The creation of convertible surface area - with an extension or attic conversion - adds value. Likewise, a fitted kitchen and bathroom have a positive impact on the appraisal. Even more so if the property includes a wellness area with spa, sauna or outdoor heated pool. Lightweight extensions such as verandas and timber-framed extensions also add value to a house. Naturally, since they increase the living space. They're even more popular with buyers because they open directly onto the outside world. As for interior comfort, while all tastes and colors can be catered for, it's best to give rooms with outdated decor a makeover... This allows you to embark on a home staging operation that gives the living room a whole new dimension and allows the house to show off its seduction card!
Christophe RAFFAILLAC