Summer house value tips
If you’re keen to do some home improvements this summer, keep in mind that some improvements add value and some don’t.
Kitchen – new cupboards and bench tops and a new oven almost always add value.
Adding a bathroom – also adds value, particularly an en suite.
Adding a bedroom – converting an attic or adding a sleep-out generally adds value. But don’t get carried away by putting a brand new piece on the house. The cost will never be recovered.
Decks & outside living areas – Large decks have huge appeal. You should get most of the cost back in added value, but maybe not all of it.
Grounds – Too many trees and gardens can reduce the value, as all buyers can see are their weekends taken up with keeping them looking good. Make sure the grounds are as maintenance free as possible.
Swimming pools – Almost never add value and put many buyers off.
Spa pools – Same as for pools, so make sure its portable so you can take it with you. Spa pools have novelty value only.
Decor – A coat of paint on the inside walls to hide old wallpaper along with new light fittings can add loads of value and not cost much to do.
Filed under: REAL ESTATE | Tagged: Real Estate