Phil Spencer on Luxury Home Accessories & Improvements

Adding value need not only mean in monetary value. Often a particular feature of a home adds value because it makes that home stand out in some way to a potential buyer. It has a selling point that keeps it in the buyer’s mind and makes him or her favour it above other properties that they’ve come across in the hunt for a new home.

Technology moves fast and today’s must-have gadget will soon be replaced by something bigger, bolder and more hi-tech. Keep up to date with what buyers might like to see and it will pay off when it comes to selling.

I’ve shown thousands of people around homes and found five luxury home accessories or improvements to be well worthwhile. There are more luxurious installations, like the hot tub, but they’re not for everyone. These are less of an acquired taste!

The wine fridge

luxury home accessories

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Wine fridges make a big impact in a kitchen. They price in at around £500-£600 (£250 at the lower-end of the market) but they free up bottle space in the kitchen fridge and help a buyer to imagine your house as their own. When you buy a house, a lot of the time you’re buying into the lifestyle that you associate with it. If you picture yourself using that fridge to relax with a glass of wine once the children are in bed or having friends over to entertain, the house will go up in your estimations.

Soft-close hinge

luxury home features

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A firm favourite is the soft-close hinge which works to stop toilet seats, drawers and doors from slamming noisily. At a bargain price of £6-8 for a pair, the hinges are easily set in place in a matter of minutes. This is one of those additions that you almost wish was compulsory for every house on the market.

Video entry system

luxury home improvements

Image Source: decor pad

If you have more money to invest, you could think about having a video entry phone system which lets you see who is at your door without needing to open it. It’s great if you live in an area with a high-crime rate and it gives you peace of mind when going to the door one dark winter’s evening. Expect to set aside £500-3000 depending on how hi-tech you go. If you want to cut costs, choose a black and white setup rather than colour.

BBQ

luxury home decor

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When putting your home up for sale in the summer, the BBQ is a no-brainer. A built-in BBQ will certainly make an impression and you could even go one step further and have an outdoor kitchen with ovens, grills, worktops and areas for eating and relaxing. An outdoor kitchen is more of an investment – you’ll need to start with £6,000 and be prepared to spend up to £20,000 if you want to increase the size, quality and have your pick of the most recommended materials.

Fireplace

luxury house plans

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Contemporary fireplaces can add value especially in cities. Built-in log gas fires add warmth visually and practically. Fireplaces are making a comeback but even a fake fireplace can make a home more attractive to a buyer. It acts as the focus point in the room and if you invest in a good quality surround, it will accentuate it and hint at the property’s character.

Whether you go for one or five value adders, they’ll be sure to work in your favour.

Best,

PHIL

Looking for help and advice with adding one of these luxurious home improvements to your house? Find a specialist builder on Rated People to make your visions a reality.

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7 comments

  1. Congrats on a terrifi office makeover, Amy! I love your table place. Looks so functional and prepared! The textiles on this space make your workplace so relaxed looking. Love all of the decor!

  2. Phil your just helping Well off people to add value what about mid price houses , and even cheaper houses they need help more !!!

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