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Valuation

How to quickly increase the value of a flat

· Updated · Selling property ·

Text from 2019. Laws, rates and prices may have changed since then. Ask an agent

The rising value of property

How can you increase the value of a flat when selling it? There are a few proven tricks that let us raise its price significantly in a short time.

• Home staging – a proven way to quickly increase the value of a flat
• Smart flats are in demand

Home staging – a proven way to quickly increase the value of a flat

When selling a property, the most important thing is the first impression that stays in a potential buyer's mind after they see our flat. So let us make sure that the flat we want to sell looks perfect. Any flaws that make the rooms look neglected are unacceptable.

It is worth repainting the flat in neutral, subdued pastel colours, which will give the interior warmth. Let us think about replacing switches and sockets with new ones, and about lighting that suits the surroundings. Let us not be afraid to use auction websites for this and buy, for example, second-hand chandeliers. What matters is that they look well kept and create the atmosphere of the room.

READ ALSO – HOW TO PREPARE A FLAT FOR SALE

A proven way to quickly raise the value of a flat is to replace the doors and drawer fronts of the kitchen units. This lets us present the buyer with a completely "new" fitted kitchen in a simple and economical way. If the floors in the property do not look their best, it is worth laying a new floor of MDF panels. In this case it is worth looking online for shops selling end-of-line collections or hunting for special offers at DIY superstores. We can buy a material that will give the flat a completely new character for a dozen or so PLN per square metre, and, importantly, we will be able to lay the floor ourselves, which will save us the cost of labour.

A quick, though more costly, way of raising the value of a flat is installing air conditioning. It does require minor building work, but a competent installer will quickly be able to fit a unit that moves our interior into the luxury segment.

Smart flats are in demand

Another way of quickly raising the value of a flat is to introduce artificial intelligence into it. We can do this very quickly and without investing large sums. Most systems can be installed in an existing flat and do not require major changes to the network infrastructure.

Automating the management of our flat will cut running costs and significantly increase its functionality. Thanks to such a system we can control the heating and lighting, open and close windows and, with suitable equipment, start the washing machine while we are away.

READ ALSO – HOW TO PRESENT A FLAT EFFECTIVELY

Turning our flat into a smart flat will also significantly raise its value. Flats of this type are still not widely available on the market and are regarded as luxury properties. That is why investing in smart solutions is a very good way to quickly raise the value of a flat.

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