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Tips on how to add value to a property in Kenya

Kenyan Business Feed by Kenyan Business Feed
Tips on how to add value to a property in Kenya
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Home and landowners are looking for ways to make their investments more attractive to buyers and renters despite the supply of properties for sale being very high.

To realise the full potential of a property, a developer or investor has to boost its appeal through upgrades and renovations.

You can start by refurbishing old areas and features. In giving it a modern and new look, one can opt to completely redo the property by bringing down the old one and building it back up with a more modern design and materials.

You can then do finishes to unfinished parts to add more living space to the property or do extensions such basements, building a deck or converting an attic as bigger homes usually lead to higher values, and that’s something buyers tend to notice.

If you want to create more structures in the property, you can add a servant quarter or a garage. You can also take down a wall between a kitchen and a living room, re-rearranging a kitchen to create more usable space, adding a bathroom to the master bedroom or swapping the location of two rooms, such as an office and a dining room to create a better flow in the home.

In addition, take space from one room and add it to another room, for example, reducing an oversized living room to create a kitchen storeroom.

Or even change the floor plan. Upgrade the floor by adding or enhancing existing hardwood or tiles. Stones used to build the property can be brushed or repainted to give it a new and attractive look.

More space created in a house means that the value of the house will subsequently improve. Adding space to a property could also be by reworking or remodelling the interiors, hire an interior designer to help you de-clutter the spaces.

You can also change the layout of a room or add new items like lighting fixtures.

The physical appearance of a property is usually key to buyers so you should keep your property clean both inside and outside. Dirty and unkempt lawns in homes for sale usually turn off potential buyers.

You can grow flowers in the front and all around the property and have well trimmed and healthy lawns and ornamental trees which make the property more beautiful

If you have good security then that’s a plus for buyers. Security features like CCTV, back up security, sensors and even a wall makes your property much appealing to buyers than when it is without.

Do simple repairs like roofs, repair broken pipes and even repaint the house.

If it is land, the best way to increase value to it is by adding greenery, murram road or cabro as well as ensuring that essential services such as water, sewer lines and electricity are available.

A landowner should also consider fencing the land. A life fence is an added advantage as it increases the value of the property. Add-ons like a man-made pond or lake would almost double the asking price of that land.

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Kenyan Business Feed

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