Have you ever wondered if that staircase increase the value of your home?
When it comes to selling or letting your home, you want it to look its best before the viewings begin. But where to start? It’s perhaps not surprising to hear that adding an extra double bedroom and bathroom through carrying out a loft conversion will have the most impact on a property’s value.
Why homeowners carry out home improvements?
Most homeowners always want to carry out improvements on their properties, wanting to create more useable space in their properties. So what about the often overlooked staircase?
For many properties, the staircase is the first thing that you see when entering. It helps with first impressions. We deal with best in class properties and what is quite a common feature in a lot of the properties we sell is an impressive reception hallway.
And a big part of a reception hallway is often a feature staircase.
Although it isn’t necessarily a common feature, it’s one of those features that creates a lasting impression for a property of a particular calibre and is often expected as part and parcel.”
It’s usually the norm to renovate certain rooms in a house before selling it. From experience, we have seen that when people are trying to sell or rent out their home they will usually get the kitchen or the bathroom done beforehand, but not so often the staircase. It is amazing how much of a difference it can make.
How a staircase increase the value of your home
Funnily enough, the staircase has the opportunity to provide the biggest ‘Wow Factor’ of all the aspects of a property. There are so many options when it comes to styles, you can really have some fun with it.
A staircase is a missed opportunity for a lot of homeowners: A staircase is often something that people overlook when building or refurbishing a property.
A well designed and built staircase has the ability to transform a room into something quite special. Whether it be a contemporary floating staircase with glass infill panels or a more traditional timber staircase with intricate detailing, these essential items of furniture are used on a daily basis and often taken for granted.
When it comes to selling or even renting your property a staircase that is complementary to the subject property can make a huge impact on the purchasers or lessors decision to proceed with a transaction and could even increase the value.
Of course, all of this depends on whether you actually plan to sell your home, or whether you just want to improve it to live in it longer. Most homeowners would rather spend money improving their current home than selling and move on.
The real value would probably come from renovating the staircase whilst you’re living in the house so you can see the benefits of it and enjoy it. Then when you do come to sell, in theory, it makes it more saleable.
The trend of having a new feature staircase has already picked up amongst higher value properties, and from speaking to the experts it sounds like it is only a matter of time before this trend starts to become more prominent in a wide range of homes, especially those looking to make an impression on the housing market.
