How to Increase the Value of Your Victorian Home
Friday, November 19, 2021
It is common for a person to live in different types of houses throughout their lifetime. This is because their needs vary according to their age, their income and the number of people living in the home. To ensure you can sell your house when you would like to make a transition, you should keep the value of your home intact. Owning a period home such as a Victorian home comes with a few quirks that can quickly erode the home's value if not taken care of. Here is a list of suggestions on a few things you can do to maintain and even increase the value of your Victorian home.
Work on the Exterior
Initial impressions matter, and this is why one of the first things you should take care of is the home’s exterior. Consider having the exterior repainted, doors and windows replaced, the garden tended to any other areas that require attention taken care of.
Convert the Loft
One of the best ways to increase the value of your home, Victorian or otherwise, is to convert an unused loft space into a useful space. Doing so increases the amount of space a new homeowner has available to them, and this makes the home a lot more desirable. Most people convert their lofts into bedrooms and living spaces, but if the space is too small for either use, you can always convert it into a hobby room or a workout area.
Restore Victorian Features Instead of Replacing Them
A period home is not supposed to compete with the modern amenities and features that come with modern homes. A common mistake people who buy a Victorian home make is replacing all the features that make the home unique. Once they do so, their home is no longer a periodic home, but a sort of hybrid home that does not belong to any specific period.
While older homes need some updates, homeowners should not rob them of their charm and everything that defines them. So, instead of replacing things like sash windows, antique fireplaces and old-fashioned radiators, homeowners can try to restore them.
In cases where they cannot be restored, replacing them with similar models would help keep the home’s charm. For example, replacing cast-iron or Victorian antique fireplaces with similar fireplaces would be incredibly helpful in keeping and, in some cases, increasing the value of a Victorian home.
Replace Outdated Electrical and Plumbing Systems
Some of the first things a buyer will look at are the plumbing and electrical systems. As you might know, the electrical and plumbing systems in Victorian homes were deemed outdated decades ago and so should be replaced. Some of the problems you need qualified contractors to look into include old wiring, lack of electrical outlets, outdated electrical services boxes, lead pipes and a rotting plumbing system.
Eliminating these issues will make the home more desirable and attract buyers willing to match your asking price.
Making a period home desirable for new buyers can be challenging, but it is doable. As you can see above, a few tips and tricks can help bring your Victorian home into the 21st century.