Who his Sell property wants to get the highest possible price for it. This can be ensured by, on the one hand, entrusting a certified expert with the correct valuation of the property and, on the other hand, by carrying out targeted measures to increase its value. We'll take a closer look at the most important of them in this article.
Energy renovation
Optimizing energy consumption offers particularly great potential for increasing the value of a property. This is especially the case if windows are poorly insulated, drafts come in or the heating system does not meet modern standards. In these cases, you should first carry out an energy check. Here, a specialist checks the most important parameters of the heating system, but also takes a close look at the pipes, insulation technology and building structure. Thermal imaging cameras are used here, among other things, to show where energy is lost and where renovation measures have the greatest effect.
Once the results of the investigation are available, a decision can be made about targeted measures. This could, for example, be the installation of new, efficient heating systems and triple-glazed windows with a U-value of a maximum of 1.3 W/m²K. There are also a number of measures that can be carried out with relatively little effort. Examples include installing an efficient circulation pump and insulating the heating pipes. For example, installing a modern condensing boiler is more effective, but also a little more expensive.
Measures like these lead to a long-term reduction in the property's energy consumption. This makes the building significantly more interesting for buyers – the value increases.
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Ensuring accessibility
Buying a house is usually a long-term project. Buyers want to be sure that they can use it for as long as possible. That's why accessibility is becoming more and more important.
It is therefore important to consider conversion options that are relevant for older people at an early stage. These could include options for installing a stair lift, floor-to-ceiling showers, removing floor thresholds, adjusting the layout of the room or widening doors.
Create space
You only have to take a look at large cities like Berlin and Hamburg to realize that available space is rare in many places. That's why it's important to use every square meter of real estate as effectively as possible and to use available reserves. This is possible, for example, by converting unused attics. An extension can also create additional space, making the property more attractive to potential buyers. Setting up a basement in a commercial unit or adding balconies also serve this purpose.
Garage construction
More and more interested parties are attaching importance to the fact that their property has a garage or carport. Here the car is protected during the cold season and requires less care. Many insurance companies also offer discounts because the risk of break-in is significantly lower than on the side of the road.
Design of the outdoor areas
Dilapidated outdoor areas are often found, especially in old residential buildings. There is usually great potential for improvement here, which increases the attractiveness for buyers. If there is enough space, terraces can be planned for the ground floor units, for example.
Make sure the property has the highest possible potential in advance
Of course, there are limits to the increase in value, which is why you should pay attention to a few things before buying. First and foremost, the location is worth mentioning here. It cannot be influenced later and should be as good as possible. Factors such as good infrastructural connections, high location potential with solid economic development and a good location image are important here.
Conclusion
As you can see, there are various ways to increase the value of a property. Whether and which measures you decide to take is entirely up to you. However, if you don't invest, you'll be with one in the long term Loss of property value to fight. If you have any questions or would like professional support, our real estate agents will be happy to provide you with competent assistance.
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