Guide To Buying Your First Home” By NeighborWorks America And ETrade Financial

Homeowners can get repair and improvement grants from the Housing Executive in certain circumstances. In addition, specific high-end features such as media rooms with specialized audio, visual or gaming equipment may be appealing to a few prospective buyers, but many potential home buyers would not consider paying more for the home simply because of this additional feature. Chances are that the room would be re-tasked to a more generic living space.

Splashing out on home improvements not only makes your house a more enjoyable place to live, but it if done right it is also likely to give its value a boost. Also topping the list for features that will sell your home fast was double glazing, home security systems and energy saving improvements , all set you make you a profit and add value to your home’s selling price.

Please be aware, we maintain a register of where asbestos is, or is assumed to be in your home. If you’re planning home improvements or maintenance and you think you have asbestos in your home, always ask our permission first so that we can advise if any asbestos is present. Please contact us on 01733 385000. But if you’re hoping to stay put for a while, there’s nothing to stop you planning home improvements that add value to property, so long as you go about it the right way.

Improvements in the U.S. economy post the recession translated into recovery in the housing market as well. Both pent-up demand and demand driven by higher economic growth contributed to price increases in the housing market. In 2013, house prices witnessed a 10.3% increase followed by a 6.4% increase in 2014. Although at a slower rate, the NAR expects prices to continue increasing in 2015 at 5%. The appreciation in home prices is expected to drive sales for Home Depot and Lowe’s as customers continue investing in their homes. Moreover, according to the NAR, new house sales are expected to increase by 30-40% in 2015. The huge increase in sales is also expected to bring in considerable business to the home improvement industry going forward.

Mother-in-law apartment. These spaces go by many names, including granny flats,” casitas,” and the technical sounding accessory dwelling unit,” or ADU. They can house an additional family member or provide rental income—­allowing baby boomers to afford their house once they retire or helping millennials pay the mortgage. More municipalities, particularly in Western cities, are amending zoning laws to allow for ADUs.