Adding value to your property
Recent studies from the insurance provider, Hiscox revealed that the number of homeowners choosing to improve their home rather than move has risen considerably in recent years. A staggering 15% of homeowners made the decision to renovate their existing property by the end of 2017, representing more than four million households, compared to just 3% in 2013.
So what is driving the decision to improve rather than move?
A variety of external factors including changing personal circumstances, rising property prices and even the uncertainty of Brexit all contribute to the decisions homeowners are making to stay put.
Choosing to invest in home improvements and making the most of the space you have is a sensible decision in most cases. Home improvements can not only enhance your wellbeing but can also increase the value of your home – which makes moving to a more expensive property easier when you do decide to sell.
Add some kerb appeal
When potential buyers visit a new property, one of the first things they will think about is the aesthetics. Does it look old and run down? Or does it look well-loved and presentable?
For that reason, it is important to think about the kerb appeal when looking at adding value to your property. Small changes can make a big impact when it comes to making the decision to sell.