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| 10 Recommended Value - Adding Home Improvements |
Results from a inspect carried out by 100 estate agents across the UK verbalize the 10 most accepted value adding home improvements.
1) Loft Conversion - £22,000
2) recent Extension - £19,000
3) unusual Kitchen - £10,000
4) fresh Conservatory - £9,000
5) fresh Windows - £6,000
6) Central Heating - £5,000
7) original Bathroom - £5,000
8) Re-decoration - £4,000
9) Resurfaced Driveway - £3,000
10) Garden Decking - £3,000
Home Improvements can be a very successful future investment. Figures above are based on typical value and are dependant on the capital invested in your home.
Not only can home improvements add a gigantic increase to the value of your property, they also act as a very practical enhancement to your property, especially if you have a growing family or are not wishing to actually depart away from where you currently live, as it maybe stop to family and friends.
In the table above, the fitting / installation costs have been bewitch to note the steady or upright equity increase. i.e. a unusual Loft Conversion could cost £18,000 and could increase your property value by £40,000, so a lawful equity value increase, after costs, of £22,000
and similarly,
A fresh Extension could cost £30,000 and could increase your property value by £49,000, so a lawful equity value increase, after costs, of £19,000
A current Kitchen could cost £8,000 and could increase your property value by £18,000, so a just equity value increase, after costs, of £10,000
A recent Conservatory could cost £8,000 and could increase your property value by £17,000, so a honest equity value increase, after costs, of £9,000
original Windows could cost £8,000 and could increase your property value by £16,000, so a good equity value increase, after costs, of £8,000
fresh Central Heating could cost £7,000 and could increase your property value by £12,000, so a good equity value increase, after costs, of £5,000
A fresh Bathroom could cost £4,000 and could increase your property value by £9,000, so a upright equity value increase, after costs, of £5,000
An improved and well maintained Property is more valued than an old and rough one.
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