When valuing a property, an estate agent will look at both the positives and negatives to determine an accurate figure.
It’s very easy to point out all the things you love about your house, but have you thought about what might put buyers off and harm the value?
Luckily property expert, Danny Johnson of Danny Buys Houses has shared an insight into what brings down the value of a home.
He said: “After having bought and sold hundreds of houses, I found the following to devalue a house in most people’s opinion.”
1. Outdated windows
Who enjoys a drafty house or one that does very little to insulate a house? Windows that are not up to scratch are a major factor when it comes to the value of a home.
That is because if they are not up to scratch, they will need replacing. Most homeowners expect double glazing as standard in the homes that they are moving into.
Danny claimed that households could see a reduction of anywhere between five and 10 percent off their house value for outdated windows.
2. Ugly bricks
A lot of older houses from the 60s and 70s tend to have “horrible brick colours” used for their houses, claimed the expert.
Danny said: “This quickly turns off a lot of buyers and can devalue a house by as much as 10 percent.”
3. Bad additions
Households will see the biggest cuts to their property value from any bad DIY work.
DIY is a great way to save money when renovating your home, but only if done correctly.
Shoddy workmanship, bad paint jobs and unauthorised renovations can make potential buyers run a mile.
Danny claimed that these “bad additions” can “quickly devalue the house by as much as 20 percent”.
Investing in professional decorators, builders and home renovation experts is well worth the money if you want to increase the value of your home.
4. Shaggy carpets
Most modern homes house hardwood flooring rather than carpet – and there’s a reason for this decor choice.
Danny said: “Having outdated carpet reduces the value of a house by five percent or more depending on how much of the house has it.”
5. Bedroom accessibility
For bedrooms that are only accessible through other bedrooms, this can be off-putting for buyers.
The property guru claimed: “This negatively impacts the house in the same way as having one less bedroom would.”