How To Add Value To Your Home

HOW TO ADD VALUE TO YOUR HOME Do you want to maximise the value of your home? Whether you're wanting to renovate to accommodate a growing family, work your way up the property ladder or add to your pension pot, there are plenty of methods available to improve your home and add value. The UK home In 2015 homeowners added an estimated £6.5 BILLION 1 improvement market is worth BILLION to the value of the country's housing stock through extensions and alterations. 220,000 owner occupiers extended or renovated their home between 2014 and 2015. FIX STRUCTURAL PROBLEMS Before you even consider cosmetic home improvements, major structural issues need to be addressed. A sagging or leaking roof should be rectified, along with any Collapsed, rotten and unsafe Rising damp and its causes, such flooring must be fixed or as poor drainage, need to missing or broken tiles. replaced. be resolved. These defects will be expensive to fix but the work is crucial in turning your home into a money maker. 24 UPDATE SYSTEMS TIII A new, energy efficient central heating system is guaranteed to Updated electrics are also crucial As with the electrics, your plumbing for homeowners wanting to system should be considered to ensure add value to the home. add value to older properties. good pressure and temperatures. Quality gas, electric and plumbing systems will make your home more attractive to buyers as well as increasing its intrinsic value. CONVERT & EXTEND Potential value added to home 2 New Bathroom Loft Conversion 1 London: 10-20% London: 8-10% (£1m-£1.5m home) LOVE DO. Rest of UK: 10-15% Rest of UK:0-5% (£500,000 - £1m home) New Kitchen Complete Cosmetic Redecoration Conservatory London: 10-12% 3 London: 10-20% London: 10-12% Rest of UK: 3-10% Rest of UK: 5-7% Rest of UK: 5% Sources: www.propertywire.com | www.ft.com express bi-folding doors www.expressbifolds.co.uk