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Which improvements add value to your home? Image

31st July 2018
Which improvements add value to your home?

Home improvement tools including a hammer, frill, saw and paintbrush

A new tool from GoCompare Home Insurance shows the home improvements which add value to a property and those which could end up leaving you short changed.

The Property Investment Calculator enables homeowners to calculate the potential profit from a range of home improvements by entering their property’s current value and renovation budget. The calculator estimates the added value of undertaking different home improvements and by deducting the average costs of works, gives an indicative profit or loss.

Some of the most profitable projects for homeowners looking to increase the value of their property include installing a new boiler or central heating system, making energy saving or home security improvements or creating off-street parking. 

GoCompare's research found that 26% of home improvements are undertaken specifically to add value to a property with popular renovations including:

  • Interior redecoration (53%)
  • Fitting a new kitchen (42%) 
  • Replacing flooring (38%)
  • Installing a new bathroom (36%)
  • Garden makeover (36%)
  • Installing new double glazing (29%)

Don't forget, Peter Ball & Co can give you lots of advice and helpful tips about preparing your home for sale so don't hesitate to get in touch and ask us for a free valuation

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