Easing lockdown restrictions and rising temperatures have encouraged people to hit the streets again – although with social distancing measures still in place.
This, along with the ongoing stamp duty holiday and the 95% mortgage guarantee scheme, has seen a rise in people moving home, with the number of houses selling within a week reaching its highest ever level in April 2021, according to Rightmove.
As the market remains buoyant, now is the perfect time for sellers to carry out some home improvements and prepare their home for the spring and early summer market.
Research by home improvement specialists Stormclad has revealed a property’s value could be reduced by over £9,000 if it does not have double glazing.
With this in mind, we lean on the data to outline the different ways double glazing can improve the value of your home and, in turn, help you to achieve asking price or above.
One of the more obvious, immediate effects of installing new double glazing is the impact it will have on improving the look of your property.
Sparkling new windows can add a great deal of kerb appeal to your home, giving both the interior and exterior a fresh new look. Attractive windows will also give prospective buyers a good first impression of your home when they view it – virtually or in person.
Windows are one of the areas most prone to heat loss in the home. Research suggests an old single paned window will emit around 84% of a room’s heat into the cold air outside. Therefore, swapping old inefficient single glazing for double glazing can have a massive impact on the heat retention in your home.
Double glazing works by trapping a layer of air between two panes of glass, which stops the air from circulating, resulting in a decrease in heat loss across the window.
With modern double-glazed windows, the space between the panes is often filled with denser argon gas which will slow down heat loss even more, so you will find yourself needing to switch the heating on less often, saving you money on energy bills and ensuring your home is more eco-friendly.
Typically, modern double-glazed windows are much harder to force open from the outside, so you can rest assured that they will not be broken easily.
There are also double-glazing options that come with toughened glass, which is stronger and shatterproof. This can help to give you and your buyers peace of mind that your home is safe and secure.
The latest Rated People Home Improvement Trends Report highlights that as much as £9,144 could be knocked off the value of your home if you don’t have double glazing.
By installing double glazing, your home will increase in value compared to a single-glazed property, and you will save yourself and future homeowners money on energy bills moving forward.
Of course, there are other improvements you could make to your home – big and small. For simple, cost-effective enhancements, consider decluttering, giving the walls a fresh lick of paint and maximising the amount of natural light that enters your home.
Bigger improvements – such as installing smart technology in the home and carrying out an extension – can be costly and time-consuming. However, being able to provide high-spec appliances or an extra room can set your property above the rest.
With buyer demand expected to continue for the foreseeable, now is the perfect time to list your home for sale. These improvements can give your home a new lease of life and boost its value significantly, helping to attract a wide range of buyers.
Here at Balgores Property Group, we can help to manage your sale in the best possible way and get the most from your home as a result. We operate in Essex, East London and parts of Kent.
If you would like further guidance on any part of the lettings/sales process, get in touch with our expert team today. You can also get a free and instant online valuation to see how much your home could be worth on the current marketplace.