Improve...Don't' Move!!
A recent Daily Mail article discussed the benefits of "Improving...Not Moving" and the monetary benefits of improving your home instead of moving to another.
The article stated: "More people are looking to improve their home rather than move. But before embarking on any improvements, it pays to know which ones will add the most value to your property". The favourite project is the loft conversion, which can create an extra bedroom and perhaps a bathroom. It typically adds 12.5% to a selling price. For an owner with a property around the national average of £183,630, this equates to nearly £23,000. |
The Top Ten ProjectsProject:
Loft Conversion Extension to create extra room Conservatory New Kitchen Installing central heating New windows New bathroom Re-decorating bedrooms/living room New driveway Decking garden/installing patio |
Value added to your home: 12.5% 10.8% 6.7% 4.6% 3.4% 2.9% 2.88% 2.6% 2.2% 2% |