Sabuhi Gard

Can making home improvements really add value to your home?

‘Adding value’ to your home has always been a staple manoeuvre for any astute homeowner – but it is proving more popular now than ever.

This is due to a number of reasons: record numbers of homeowners staying put, the increasing costs of moving home and a general loss of confidence in the UK housing market (one in five British adults surveyed by the Halifax bank expect house prices will fall in the next year).

According to a new study by Gocompare.com, 43% of homeowners have carried out major work on their properties in the last 5 years, from updating bathrooms and kitchens, investing in energy efficient measures such as new central heating systems, to building an extension.

Top 10 home improvements carried out in the last 5 years
1 Installed a new bathroom 39%
2 Fitted a new kitchen 38%
3 Installed a new boiler or central heating system 34%
4 A garden make-over 26%
5 Installed double glazing 26%
6 Built an extension 17%
7 Knocked through rooms 12%
8 Fitted solar panels 12%
9 Created an attic conversion 10%
10 Added an extra bedroom 9%

Source: Gocompare.com

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