We all want to sell our home at a good price, especially when we’re very attached to it. We don’t want to leave it to the first person who comes along, but to sell it at its true value. But many factors influence the price of a prestige property.
So how do you increase the value of your luxury home?
Increase the value of your luxury home by enhancing the façade and exterior spaces, installing an alarm system and solar panels, or renovating the kitchen and bathrooms. Choosing sober, uncluttered decor in neutral tones can also increase the value of a prestigious property.
Now that you know the basics of how to increase the value of a luxury home, we’ll go through each of these strategies in more detail. Let’s go.
Take care of your home’s exterior
You’ve probably heard the saying: first impressions are always the right ones? Well, if first impressions count when meeting a new person, they also count when visiting a new home.
If you want to attract buyers and increase the value of your home, you have to start by investing in the exterior of your home.
What exactly does that mean? This means that the garden needs to be tidied and maintained regularly, the facade recently repainted, the swimming pool just cleaned, etc.
You can also add plantings to make the exterior more colorful and lively.
But be careful, you have to be sparing. Although buyers like homes with soul, they especially like spaces that are uncluttered, uncluttered and, above all, easy to maintain. Which brings us to our second point!
Make your luxury home low maintenance
A low-maintenance home is one that requires very little maintenance. And these days, that’s what buyers want. They don’t want to waste time looking after an overcrowded garden or an overloaded house.
In practice, all you have to do is replace the carpets with parquet or tiles, which are much easier to clean. If you’re thinking of selling your home along with the appliances, invest in a “no frost” fridge, for example, which won’t need defrosting etc.
The more effortlessly your luxury home looks like it’s going to take care of itself, the more likely it is to attract a buyer’s interest.
Lighten the interior decor
If there’s one thing we recommend, it’s de-cluttering your home to free up space. If a room is cluttered with decorative objects or furniture of any kind, it’s very difficult to appreciate the space it can offer. And, of course, buyers like big rooms and vast spaces.
For buyers to fall in love with your home and offer you a good price, they need to be able to imagine themselves living in it. So remove the family photos and drawings on the fridge to make the decoration less personal.
The decor should be simple and uncluttered, so that visitors and buyers can imagine their own furniture and family photos in place of yours.
Choose a neutral color palette
Choosing neutral colors to decorate your home is sure to please as many people as possible.
When you want to sell a prestige property, you want buyers to project themselves into the house as if it were their own, and this is much easier to do when the decoration is neutral and uncluttered.
Colors like white, off-white, ecru or taupe are more likely to appeal to buyers than a wall painted red, orange or brown.
Light colors such as white also help to enlarge the space and can be combined with all kinds of furniture.
Renovate the kitchen
The kitchen is one of the rooms where we spend most of our time, so it’s only natural that it should attract the attention of future buyers. To increase the value of your home, this is the room to focus on, and the one to renovate as soon as possible.
To attract visitors, don’t hesitate to change your kitchen furniture, worktops and appliances for more modern models. If you can, add a beautiful central island. Having room to cook is always a plus.
Focus on bathrooms
Along with the kitchen, bathrooms have a special place in buyers’ hearts, especially when it comes to luxury villas. They generally expect to enter a spa to experience moments of ultimate relaxation.
If you can afford to do some renovations, you can replace your current bathtub with a walk-in shower, a rain shower or a whirlpool bath.
Alternatively, you can play with decorative elements to create an atmosphere of relaxation with furniture in natural materials such as wood. Colors are also important, and you can opt for warm tones to create a cozy, cocooning atmosphere.
Improve your home’s energy performance
Solar panels can increase the value of your luxury property, as the value of a home is influenced by the quality of the installations and the financial benefit that the future buyer can enjoy.
Of course, you may be reluctant to install solar panels for fear of marring the aesthetics of your home. But don’t worry, the resulting energy savings are sure to convince buyers.
Future buyers are often prepared to make more generous offers if they know they’ll be able to save money in the future. So don’t hesitate to change the appliances that will remain in the house, replacing them with A-class energy-efficient models.
Design outdoor spaces
In sunny regions like the Costa Blanca, outdoor spaces are a must for buyers. Try making your garden or terrace even more attractive by adding comfortable, modern outdoor furniture.
If you have the opportunity to create an outdoor kitchen, even better, because on the Costa Blanca, eating outdoors is a real way of life. We have to find a way to make the most of the 320 days of sunshine a year that this beautiful region has to offer.
Think safety
As the owner of a luxury home, you know how important security can be. Beautiful homes can be the envy of many and attract the curious.
That’s why surveillance cameras and a high-performance alarm system can interest buyers and add real value to your home.
Don’t hesitate to enclose your home to give future buyers even more privacy and security.
Rely on home automation
Technology sells, and that’s a well-known fact these days. So if you have what we call a connected home, you’ve got every chance of increasing its value on the real estate market.
Future buyers like simplicity, and what could be simpler than being able to control the opening and closing of your shutters from your phone, or switch on your lights or heating remotely?
Conclusion
So there are many ways to increase the value of your luxury home, whether it’s by installing a security system, sprucing up the facade, renovating your kitchen or installing solar panels.
You can use one or more of these strategies to make your property even more attractive to buyers.
These are, of course, major investments, but don’t forget that you’ll benefit in the long term.
