Results from a survey carried out by 100 estate agents across the UK reveal the 10 most common value adding home improvements.
1) Loft Conversion – 22,000
2) New Extension – 19,000
3) New Kitchen – 10,000
4) New Conservatory – 9,000
5) New Windows – 6,000
6) Central Heating – 5,000
7) New 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 substantial 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 move away from where you currently live, as it maybe close to family and friends.
In the table above, the fitting / installation costs have been remove to show the real or true equity increase. i.e. a new Loft Conversion could cost 18,000 and could increase your property value...
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