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Tuesday, November 4, 2008

Which Improvements Will Increase Your Property's Value?

Anyone planning to try and sell their home either now or in the near future will already be aware of the fact that not only are property prices falling month on month, which means that some homeowners may have lost thousands on the value of their home since last year, but also that the housing market is going through a very slow period and properties are taking a long time to sell, with some estate agents reporting average sales of less than one home per week.

However, you could find that you are able to address both of these issues by making improvements to your, which will not only add to your quality of life whilst still in the property but could also help to increase the value of your home so that you get a higher price when you do decide to sell. Certain improvements can also make your home more attractive to potential buyers, and this could mean a quicker sale.

There are certain improvements that can really add value to your home, although there are also some that will not make any difference to the price, so make sure that the improvements that you are making are the right ones to add value to your home. Also try and determine what sort of increase in value the improvements will make so that you can determine whether it is worth having them carried out.

One thing that many buyers are looking for, and prepared to pay for, is plenty of space in the home, so you could find that adding to the space in your home can help to increase the value of the home. You can increase the size of your home in a number of ways, such as through converting your loft, which can be turned into another room such as a study or spare bedroom. Other space creating improvement could include extensions on your property or adding a conservatory.


Another popular home improvement that can increase comfort and practicality for you, increase the chances of selling your house, and improve the value of the home is a new fitted kitchen or bathroom. These are rooms that are often scrutinised by potential buyers, and can make all the difference when it comes to getting a successful sale on the home and how much you will get for your home if and when you sell.

Your windows are one of the first things that people will see when they come to your home, so having sparkly windows that allow plenty of light into the house can make your house look more attractive to a potential buyer. However, having double glazed windows offers the added benefit of saving you energy, keeping the house warm, and potentially adding value to your home.

It is important to most people to have a home that is warm and comfortable, and have the right heating system in place can help you to achieve this. It is worth looking at having heating installed if you do not already have it, as this can act as a selling point as well as adding value to your property.

For improving your home and also its' value you have a couple of options available to you. Firstly you could use your own personal avings if you have any available and the other way would be in the form of a loan.

The most common type of loan used by homeowners for home improvement is the homeowner loans. These are generally available if you have equity available in the property and are will to 'cash it in'.

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