Adding value - top tips
WAYS: of adding value to your home include:
1A loft conversion
Get an extra bedroom and bathroom. Spend £20,000 on a loft conversion and you can add £40,000 value to your house, says mortgage lender GE Money, which concluded that a loft conversion adds an average 12.5 per cent to the selling price.
2 Build a conservatory
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A conservatory (cost £5,000-£30,000) can add around 7 per cent to the value, while a full-blown extension (£10,000-£30,000) adds 11 per cent.
3 Target market
Market your home to the most likely type of buyer – create an office, a play room, or a study.
4 Pave over the front garden
This will add value if parking space is precious
5 Paint the house
A lick of paint could cost up to £1,000 but may add much more to the price.