ADD £50K IN 7 DAYS TO THE VALUE OF YOUR HOME
This headline definately caught my attention - according to the FMB ( Federation Of Master Builders ) and HOA ( HomeOwnders Alliance )
You could add £50,000 to the value of your home in just seven days..
- full article HERE
The findings of the report focus on projects which can add the most value to your home, in the shortest space of time and in particular parts of the country
• Removing an internal wall to create an open plan kitchen and diner can add £48,417 in seven days to an averagely priced home in London; • Building a garden room or outside playroom for the kids can add £35,611 in 14 days to an averagely priced home in Surrey; • Investing in kitchen improvements such as new flooring, a new worktop and new cabinet doors can add £26,838 in eight days to an averagely priced home in Dorset; • Converting a cupboard under the stairs into a downstairs toilet can add £26,708 in seven days to an averagely priced home in Surrey; • Converting part of the master bedroom into an en suite bathroom can add £14,525 in 11 days to an averagely priced home in London; • Building a new driveway can add £13,354 in nine days to an averagely priced home in Surrey; • Installing decking and lighting in the back garden can add £8,946 in seven days to an averagely priced home in Dorset.
Brian Berry, Chief Executive of the FMB, said: “By investing less than £3,500 on the creation of an open plan kitchen and diner, home owners in London can add a whopping £50,000 to the value of their home in just one week
If you’re looking to move up the property ladder, it’s obviously in your best interests to increase the value of your home as much as possible. By investing in low cost, high return projects, not only will you make your home a more pleasant place to live, you’ll also be increasing its value significantly. Better still, these projects take no time at all so the hassle factor will be kept to an absolute minimum.”
Berry concluded: “As the weather starts to improve, now is the perfect time to commission the home improvement projects you’ve been putting off all winter. Those who want to increase the value of their property in a matter of days will undoubtedly need to hire a quality builder to complete the project.
We always recommend finding your best performing local estate agent using our free, instant online tool ‘EstateAgent4Me’ and inviting a few agents to give you a property valuation and advice on your proposed project. The best local estate agents will be able to tell you what refurbishment projects other homes have benefited from along your road, or in your area, and how much value those projects have added.”
Spring is here ( apparantly ! ) and time to start those DIY projects ..