In the current economic uncertainty it’s perhaps not surprising that house prices are either stagnant or falling, with this in mind many people are looking for ways to add value to their house as well as making general improvements that they can live with till they decide to put their house on the market.
Here are some home improvements that can be made which will add value to your Devon property.
Increasing the size
A well designed conservatory or extension that doesn’t take up too much outside space could add up to five percent to your value as well as provide a more liveable home for the remainder of your time in the property. However if you end up turning your garden in to something resembling a postage stamp you could wipe out all the extra value you add.
A Second Bathroom
Be it an en suite or on the landing a second bathroom could increase your house price by up to five percent. But when thinking about installing more bathrooms don’t go overboard, a four bedroom house does not need four en suite bathrooms.
Even the ancient Romans had central heating so it’s only natural that houses with good central heating are worth around six percent more than those without it.
While a loft conversion could add an extra 20 percent to the value of your house it is expensive and very disruptive. If you plan on a conversion make sure you make the most of the space by adding a bedroom and a bathroom.
It is of course worth bearing in mind that all of these improvements cost a lot of money up front and do not guarantee to increase the value of your house or to make it sell faster.