How many times have we heard this phrase over the years!
Many homeowners would rather improve their current homes than move to a new one
High house prices aren’t the only reason many are reluctant to move.
Choosing to renovate instead can significantly boost the value of your home, while bringing about such dramatic improvements that it will feel as if you have moved into a new home anyway.
Space is at a premium, so converting parts of your current property into additional space can add a lot of zeroes to your selling price.
Converting your loft into additional living space could boost the value by about £60,000-£75,000, while spending £30,000 to £ 50,000 on improvements could contribute at least £75,000 to £100,000 to the selling price.
The term “home improvement ” encompasses a whole range of activities. It can be as minimal as a lick of paint in the kitchen or as comprehensive as building an extension to your property. What’s clear, however, is that whether you’re hoping to impress visitors or buyers, the façade of your home can have enormous impact on how favourably people feel about your property – even after they’ve stepped inside
For most people, home is a special place. It represents our sanctuary from the world and the place where we spend quality time to rest and renew our lives. It also represents the single largest investment that we make in our lives.
A growing family places extra demands on space and while your two or three bed property may no longer satisfy your needs, selling and trading up isn’t the only option.
The past few years have seen many UK homeowners choosing to improve their current properties, rather than moving.
An extension priced between £30,000 and £50,000 could add the most value of all, upping your selling price by £75,000 to £100,000. You’re creating a larger living space with the building. Replacing walls with bi-folding doors is another way of creating space.