Increasing your property's value with home improvements

Increasing your property's value with home improvements

A property is one of the biggest financial investments you will make in your lifetime and with increased pressures on personal finances looming in later life, it makes sense to ensure that your home remains in tip top condition.

Jon Over, Managing Director at Goldstone Homes, provides his home improvement ideas for helping to increase your property’s value.

The heart of the home: the kitchen has become an integral part of modern day living and is often regarded as the heart of any home.  The key to creating a perfect kitchen is careful planning and quality fixtures and fittings.  Built in appliances, hard wearing worktops and timeless design will all help to add value.  However, don’t go overboard.  Keep the look and feel in line with the rest of your home and proportionate with your property’s value and the surrounding area.  

Conservatory/extension: creating extra space is always going to be a welcome addition for any property.  Do your research thoroughly and spend time focusing on what will work best for your property.  Speak to a professional tradesperson so you can ensure you are getting the best return on your investment.  Extra space should be seamless and work well with a property’s existing layout.  Out of place conservatories and clumsy shaped extensions are a no-no.   


Parking: the average UK family has two cars so parking is often at a premium especially on roads with older properties.  Using surplus space to the side, front or even the back of your property for off street parking is not only desirable to future buyers but also guarantees a safe space for your vehicle and helps to reduce the cost of your car insurance.  A good builder will be able to advise you on the best types of materials to use, accessibility and any relevant permissions required for lowering curbs adjacent to your proposed parking space.  

Conversions: loft or basement conversions are a great way to utilise existing space and create additional rooms.  Think about how the conversion will work with the current layout and what the conversion will mean in terms of added value.  For example, an additional bedroom won’t work in a four bedroom home with one bathroom unless you have space to create an en-suite facility as well.  Any undertaking this large should always be carried out by a professional.  Get recommendations for a reputable and reliable construction company and, if possible, view examples of previous projects that they have completed.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

It depends on the people, some older adults decide to make a long-distance move in order to live closer to their children or settle in a place with a lower cost of living.

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brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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