1. Research, research, research "Just because you love bright green walls, doesn't mean that potential buyers will," says Peter Bolton King, Chief Executive at the National Association of Estate Agents. "The trick is not to overspend. Don't pay over the odds on changes that won't be reflected in the sale price." Peter points out that it's not economical to fit a £20,000 kitchen in a house that won't fetch more than £100,000. 2. Who's your perfect buyer? If your flat or house is situated near bars, restaurants and good transport links, your potential buyer will probably be a young professional, who is cash rich, but time poor. "It would make sense then to install high-tech gadgets in your home, such as washing machine, dishwasher and up-to-the minute speaker system," says Peter. He suggests adding lots of storage and clean lines, for the busy professional who doesn't have time to clean, but wants his place to look tidy and minimalist. "But if your house is more suitable for a family, you need to address their needs," says Peter. "An open plan kitchen may not be ideal for a couple with a young child. You can still have a beautifully decorated house, but make it cosy." 3. Sky's the limit If you're lucky enough to possess a loft or basement, consider extending upwards, or downwards. "Be warned," says Peter. "It's a considerable amount of work and costs can skyrocket." But the hassle, mess and cost of your home improvements may be worth it. A typical loft conversion may cost around £10,000 but can add around £50,000 to your selling price. 4. People in glass houses If you love the idea of reading the Sunday papers whilst basking in the sunshine, a glass extension may be a wise investment. A typical glass extension costs around £15,000, but can add up to three times the value. It's important to check first with a surveyor for advice on structural changes to your home, and be prepared to live amongst dust and mess for at least four weeks. Speak to www.architectyourhome.com for good advice about extensions. 5. Garden delight "A well-tended garden doesn't necessarily add that much value to a home, but it certainly creates a better impression on buyers," says Peter. "If you're lucky enough to have outside space, impress buyers by planting easy-to-care for plants, mow the lawn (if you have one) and sweep away dead leaves and debris. "Outside space gives a feeling of luxury, especially in London property, so make the most of it," says Peter. 6. And finally... Remember that any home improvement project you undertake, shouldn't just add value to your home, but your enjoyment of it. Weigh up your desires with those of the sellers and try to settle on a compromise. If you can achieve this balance you should be able to raise the price of your home, whatever the shape of the housing market.