Buy, sell or improve your home this Easter
RICS (that’s the Royal Institution of Chartered Surveyors) has come up with an online suite of consumer guides to help homeowners improve, buy or sell a home this Easter.
Each easy-to follow guide offers clear, specialist advice, suggestions and helpful recommendations, and is available to download for free, with topics including Home Extensions, Subsidence, Party Walls, Rights to Light, Buying a Home and Selling a Home.
Roger Punch FRICS, South West Residential spokesperson based in Plymouth told the Devon Week: “Even if one is not planning to sell in the near future it is always prudent to attend to maintenance after the winter has passed.
“It is a lack of focus in correctly prioritising jobs that can not only prove costly in the long run, but decisions to move are often taken quickly, and it is rarely possible to catch up at short notice. Estate agents are regularly asked for advice, but usually days before a property is launched on to the market!
“Maximising value can also relate to keeping up with changing lifestyles, and the arrangement and presentation of a property follows prevailing fashions. There are also regional variations – what is in demand in London is not always the same as in the West Country.”
RICS advice on how to get the most out of property improvements:
• Don’t be tempted to over value an improvement and expect high instant returns irrespective of market conditions
• If extending, make sure that the accommodation provided (i.e. property size) is balanced with the size of the plot, bigger is not always better
• When undertaking a loft extension or basement conversion try to keep the style of the new rooms in sympathy with the style of the rest of the property. A modern extension on a traditional property may look odd and lose appeal
• If you are trying to sell, bear in mind most areas have a ceiling price, i.e., a maximum sale price you can expect to achieve. Improving a poor property in a good location is better than improving a good property in a poor location
• Don’t bite off more than you can chew – stick to a budget and ask the experts for advice.
Here’s the link to RICS consumer guides.