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10 Recommended Value - Adding Home Improvements

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. a new Loft Conversion could cost 18,000 and could increase your property value by 40,000, so a true equity value increase, after costs, of 22,000 and similarly, A new Extension could cost 30,000 and could increase your property value by 49,000, so a true equity value increase, after costs, of 19,000 A new Kitchen could cost 8,000 and could increase your property value by 18,000, so a true equity value increase, after costs, of 10,000 A new Conservatory could cost 8,000 and could increase your property value by 17,000, so a true equity value increase, after costs, of 9,000 New Windows could cost 8,000 and could increase your property value by 16,000, so a true equity value increase, after costs, of 8,000 New Central Heating could cost 7,000 and could increase your property value by 12,000, so a true equity value increase, after costs, of 5,000 A new Bathroom could cost 4,000 and could increase your property value by 9,000, so a true equity value increase, after costs, of 5,000.


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