What is best way to land a well-paying job in a sluggish job market? For one, getting yourself certified with more skills and qualifications helps. Something similar can be said for the UK’s housing market right now. It’s slow-moving and getting a fair price for your property is not easy. But what if there are ways that help you get a higher price even in this market!
The Nationwide Building Society, which is one of UK’s most reputed real estate voices, estimates that an extension adds between 11 to 22 percent to your home’s value. Since there are a variety of house extensions, the actual value that your home gains depends upon the type of extension you opt for. So something like adding a new master bedroom or an entire storey comfortably adds more than 20 percent to your home’s value. Nationwide also suggests that renovating your bathroom or installing a new one increases the value of your home by 5 percent. A similar increase is reported by the Royal Institution of Chartered Surveyors (RICS) when it comes to installing a new kitchen or renovating it.
According to Towergate, which is a prominent player in the home insurance sector, painting and decorating your house increases its value by almost 5 percent. And since first impressions are vital to the fate of any sale, you should definitely consider repainting and beautifying your house. Garden landscaping too is important as far as first impressions are concerned. In a survey of real estate industry experts by Sellhousefast, more than two-thirds of respondents felt that good garden landscaping has a positive impact on the value of a home.
When there is so much you can do to raise the market value of your home, why sit around and wait for things to improve. If you are wondering about what is the best way to get a home extension, contact your local builder or contractor today. Local builders are well-versed with industry trends and can help you decide which extension to your home will add the maximum value.