These 10 around-the-house improvements are well worth the investment. An in-ground pool costs anywhere from $10,000 to more than $100,000, and additional yearly maintenance expenses need to be considered. That’s a significant amount of money that might never be recouped if and when the house is sold. Just a year ago, more expensive renovation projects were considered more valuable when reselling the home, but that has changed. There is strong and growing demand today on the lower, more affordable end of the market; that is where the real shortage of listings lies. Fancier homes with high-end finishes are more plentiful and in less demand.
The best way to increase the value of your home is to add space. Adding an extra bedroom will earn you the most money, adding roughly 8.8% to your home’s value. So what’s putting people off carrying out home improvements? Well, as you can probably guess, for the overwhelming majority (63 per cent), it’s a lack of funds. 17 per cent said they didn’t have enough time, and six per cent claimed their partner was holding them back.
We check the condition of our homes through regular surveys whichÂ help us to create a planned programme of improvements. When you report aÂ routine repair, we’ll tell you if we canÂ include the job in this type of work. This approachÂ helps us to keep costs down. With three bank holidays on the horizon, spring is a greatÂ timeÂ to tackle a big DIY project.Â Here are 10 of the best home renovationÂ Instagram accounts you need to follow.
The roof is one of the most important parts of a home so replacing one is an important project that home buyers will notice. It also turns out to be a pretty good investment, which recoups 68.8 percent of the cost in resale value. Obtain preliminary cost estimates for each stage of renovation or addition in your plan to allow you to schedule each stage to suit your budget and needs. It may be some time before you start your renovations or additions and prices may change; however, indicative costings for planning purposes are usually adequate at this point.
Whether winter is coming or you’re considering projects in another season, some home improvements are more urgent than others ‘â€saving you money immediately or preventing devastating damage. Sometimes it only takes ten minutes or less to make simple changes around the house that boost your living space. However, even though making improvements to your current house or flat often works out a lot cheaper than trading up to a larger home, many projects still require a significant financial outlay.