Tips and Guides

Renovation 101: Increase your Home's Property Value

Looking to sell? Here are tips on how to improve your space and make it attractive to future buyers


When real estate appraisers compute the value of a property, they usually consider three major factors: location, accessibility, and the condition of the structure itself. If it was made by a reputable developer, and designed by a well-known architect or interior designer, it also gets plus points. These are things to keep in mind when investing in a property. If you have an existing house, you can raise the resale value of your property by making improvements to the structure.

 Read the original article ("Smart Improvements!") in the September 2008  issue of Real Living Magazine. Download your digital copy of Real Living on the Real Living App now! Log on to for more details.  

Enhance natural light and ventilation

"As much as possible, dapat maganda 'yung pasok ng natural light," says broker and appraiser Lambert Modina, who reveals that this likewise adds value. This is important now that people are becoming more energy conscious, and want to save on lighting and cooling costs. Adding windows or enlarging existing ones can let in natural light and let the breeze flow. This is also an opportunity to upgrade the appearance of existing windows.

"Sliding windows are now common, and better looking than the old-style ones with grills. But you have to pattern the windows with the interior or exterior style you would like to achieve," real estate broker Grace Salazar-Misa adds. 

If you are selling the house as is (meaning with its furniture and accessories), little things like the type of curtains can also make a difference. "Dapat 'yung nakakadagdag ng aliwalas, at hindi nakakadilim," says broker and appraiser Rommel Gonzales. It's rare, after all, for buyers to want a gloomy-looking house. 

Repaint the house

Painting is simple and easy to do, and it can make an old house look new. Rommel Gonzales says it can also mask a building's flaws. "Pag may mga bulok, bukbok, at butas, dahil sa masilya at pintura, hindi na makikita. Marami kang maitatago."

Even if it's just repainting, it may be worth consulting with a designer on the color scheme. Rommel adds that even inexpensive materials can do the trick, as long as the color combination is appealing. 

Civil engineer and appraiser Alfren Gabat believes that repainting can add as much as 20 to 25 percent more to the resale value.

Upgrade the flooring and ceiling finishes

Flooring is one of the main selling factors of a house, says Grace. She shares that this is shows how the house has been taken care of through the years. If the flooring is dilapidated, then it should be replaced.

"Vinyl tiles are now out," Grace says. "They can be replaced by much better quality wood laminated planks. Builders often use these rather than costly real woods since they are easier to install and maintain."

But she also says that in some old houses, it's better to maintain or restore its old features. "For example, old houses usually have wood parquet flooring that could still be refurbished." The ceiling can be improved by adding cornices, cove lighting, or corner pinlights, and replacing existing fixtures. But what really matters, says Rommel, is that the upgrades in interior finishes mesh together well. 

Add a multi-functional space

Increasing the functional area of the house adds to its value, especially if the space you add is adaptable to various uses. Lambert cites adding a paved semi-outdoor patio as an example. He recounts how a sibling purchased an old house and cemented over the lawn. "Double purpose ito: playground ng mga bata, saka parking. Isa 'yun sa mga nagpataas ng value ng property niya nung for sale na."

On the other hand, you can enhance the function of open plan areas by zoning them for specific uses. Grace gives an example: "An open layout ground floor may lack privacy for the dining area. You can have a divider which could turn it into a formal dining area or a den. Or your attic could be divided into a small game room on one side and family area on the other. "

Put in an extra bathroom

Grace says that if you have ample space on the ground floor, make space for a powder room so visitors don't have to go into the bedrooms. Or you can add a bathroom for the bedrooms.

Make sure that the positioning of bathrooms makes sense, says Lambert. If it's in an awkward place, or generates bad feng shui, it won't add to the value. Also, "You don't want to make the floor plan too crowded," Grace cautions. You can also upgrade existing bathrooms by replacing floor and wall tiles, and bathroom fixtures.


Latest Stories

A Taguig Condo With Cool Storage Features And Vintage Accents

This 80sqm unit has everything that its owners need: light and airy spaces, an interesting mix of furniture, and nifty storage tricks

8 Celebrities Who Are Also Amazing Artists

From John Lloyd Cruz to Ian Veneracion, these famous faces put a new spin to being creative

Katrina Halili’s House in El Nido, Palawan

Found inside her own farm, the tranquil sanctuary features spacious rooms and an incomparable view of the lush outdoors

10 Designer-Approved Coffee Tables

Sisters Cynthia and Ivy Almario, first ladies of Philippine interior design, discuss their favorite coffee tables.

These High-End Villages Have Tripled Average Land Prices in the Last 6 Years

Do you live in one?

The Ultimate Quiapo Bargain Shopping Guide

Ready to go on a Quiapo adventure? From Ilalim ng Tulay to Plaza Miranda, you are bound to spot a budget home find. Read on for our list of stores and buyers tips.

The New Holiday Balikbayan Guest Solution: Airbnbs

They will surely feel right at home!

Your P2,000 Budget Can Afford A Mini Makeover

Turn sad corners and uninspired nooks into spaces that wow

18 No-Fail Building Materials For Your Home

These designer-recommended products would make your home last a lifetime, saving you money in the long run

You'll Love These Pieces That Combine Style and Function

An elegant blend of design and style, these picks make a great addition to any room.

All The Breathtaking Design Details At The ASEAN Summit

In photos: Pinoy design and Asian elements took center stage, from the arrival area to the closing ceremonies

This Is How To Choose The Best Products For Your Home

Top tip: seek professional advice!
Load More Stories

Get inspiring design ideas and handy hints.
Subscribe to our newsletter now!