Using Interior Design To Boost Property Value
Many clients who walk through our showroom doors are working on houses that they wish to sell in the near or distant future. As such, resale value is at the top of their concerns when discussing interior projects. Fortunately for them, we are well versed in the use of interior design to boost property value.
Even if you are not selling, your home is one of your biggest assets, so any upgrades should make both financial and styling sense.
To find out how interior design can attract buyers and boost the value of a property, we spoke to Benjamin Ibanez, a senior designer at FCI.
1. Design For Your Target Market
To ensure that you get a good return on investment, it is wise to redesign in line with your home’s location.
Each neighbourhood tends to have unique aesthetics that attract a certain type of buyer. You must always consider the area, property value and to whom the house might appeal.
In London, for example, you can expect homes in Hampstead and Holland Park to be styled for families. For those in Soho we would design for younger residents, and when approaching a project in Mayfair, our team knows to deliver the ultimate luxury.
One of the main things we address in a home is its layout. By identifying rooms that can be extended, reconfigured, partitioned or repurposed, we can transform the use of space into one better suited to your target market.
You will be surprised how a buyer’s perception of a property can shift when the right work is done on it. The joy of using interior design to boost property value is that also benefits you before you sell.
“Interior design is a great way to improve the look and feel of your home.”Benjamin Ibanez, FCI Senior Designer
When redesigning and repurposing rooms, think about whether your target market would be impressed by a wine cellar, walk-in closets, a large entertainment area or perhaps a high-spec home office.
There are special features that will stand out for some purchasers, these could be as simple as the type of flooring, lighting fixtures, finishes and hardware you choose.
2. Work With Professionals
Home buyers are very attentive to detail, so any shoddy interior jobs will stand out to them. As Ben advises, “Make sure you use a qualified and experienced interior designer. We’ve been designing interiors for nearly 40 years and we are here to offer you advice and guidance.”
Professional designers are up to date with market trends, they can advise you on what features buyers are looking for, and direct your funds towards the right upgrades. We can advise the best ways to use clever, on trend interior design to boost property value and add style to your home at the same time.
In our years of experience, our team has gained a clear knowledge of which aspects of interior design affect property value and which don’t.
At FCI Interiors, we approach each project with a unique perspective. We can reimagine your house in a manner that brings out its full potential, weighing up its character and introducing the right personality that reflects your tastes.
If you’re preparing to sell your property, give Ben a call and he will offer insights regarding interior improvements that will deliver the highest return on investment.
3. Make Your Home Feel Bigger Than Its Square Footage
Without actually adding floor space to your home, you can make your rooms feel more spacious allowing buyers to see greater potential in the property.
“Remember that it’s important to create a space that you’ll love living in,” Ben says, and this often starts with creating a decluttered space.
Buyers are willing to pay a premium for storage, so adding modern fitted wardrobes will make your home more appealing to them.
Don’t underestimate the impact of natural light in opening up your home. Adding a skylight, increasing the size of windows or adding some glass partitions and glass doors, is a great way to ensure plenty of light flows into the home.
Your lighting fixtures can achieve a similar effect. Ensure each room has layered lighting to eliminate any dark corners. Likewise, using lighter paint on the walls, fewer furniture pieces, and lots of mirrors will give an illusion of more space.
4. Combine Luxury and Comfort
“Interior design is key to creating a luxurious and comfortable home.”Benjamin Ibanez, FCI Designer
The bathroom and kitchen will be the focal points of your home. When it comes to interior design that boosts your property value, making these two rooms luxurious will have a big effect on securing a high valuation.
For the right market, go the extra mile and present a spa-like bathroom with elegant mirrors, and top-of-the-range lighting finishes. A power shower or gorgeous bathtub could be just the thing that makes your home unforgettable.
We advise designing your bathroom with neutral tones and marrying luxury with practicality.
For the kitchen, Ben recommends creating an open plan layout and modernising cabinets and countertops. Also remember to update your appliances – high-end, energy-efficient appliances will stand out to buyers.
When it comes to wall colour, you generally want to stick with light tones. Shades of green, earthy tones and creams will give off a feeling of opulence in almost any house.
As a final step, when staging your home, remember to include flourishing greens and add elegant scents throughout the house.
When it comes to selling your property, seeking the help of professional interior designers is a worthwhile investment. The improvements that will be introduced to your home will have a significant impact on your house value.
For more useful info, check out our guide on ways to increase your property value.
If you are looking to boost your home’s value, contact our expert team and we will help you realise the potential of your property. Book a consultation with a designer to get the ball rolling.