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Problems which can slash the value of your home

Problems which can slash the value of your home

There are a number of big no no’s which can seriously affect the value of your property and while some of them sound obvious, you would be surprised how many people don’t deal with these detrimental issues before putting their homes on the market to sell.

Neglected homes

First impressions really count and there is nothing more off putting for a potential buyer than arriving to the front door of a house which clearly hasn’t been maintained. Overgrown trees, jungle like front gardens, clogged guttering, loose roof tiles can be expensive to repair and buyers can be easily put off. If the other houses in your street are in good order you could also be affecting the values of their homes as well as your own.

Japanese Knotweed

Japanese Knotweed can halve the value of your home, the weed can grow up to 20 cms a day at peak growth times, working its way through asphalt and the foundations of your house. If you discover Knotweed on your property get an expert in as repeated treatment is necessary to kill it and prevent it spreading. No solicitor worth their salt would let a client purchase a property where a pre-existing Japanese knotweed problem exists.

Subsidence

Subsidence is the downward movement of the ground supporting a building. It can often be treated with drain repairs or tree management. But if you are unlucky it may require costly underpinning to fix the problem. Tell-tale signs are diagonal cracks either small or large around doors or windows. Surveyors are always on the lookout for this so it’s worth getting it checked out by a professional if you suspect your property may be suffering from subsidence before you put it on the market.

Nightmare Neighbours

The old adage ‘You reap what  you sow’ is never truer than when you go to sell your house. If you have had an uneasy or hostile relationship with your neighbours they can make life difficult for you when it comes time to selling your house. Now is the time to resolve any outstanding issues such as rights of way, boundary questions right down to overgrown trees or hedges. Many buyers will chat to neighbours as they look around the outside and garden of a property. Good neighbourly relations will cut down the chances of any of these issues jeopardising your sale.

Painting your house a ‘quirky’ colour

You may feel that you have a sixth sense when it comes to the décor of your house but buyers may not agree. It’s one thing to have pretty pastel shades in coastal town, but you would be ill advised to paint your house bright green or red, or add spots or candy stripes. You can instantly reduce the value of your house and those in the immediate vicinity – not ideal if you are trying to maximise your profit. Not to mention those neighbours relations deteriorating along with your asking price!



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