Moving House
Given the present instability in the property market, most homeowners remain unsure as to whether they would wish to move home or improve their home. In order to assist, we are teaming up with an estate agent local to you who will be able to offer a no obligation valuation of your property. In order to find an agent local to you, please enter your postcode:-
For many of us, the first question we will often ask is: "will I get the value of the renovation back on my property"? For those with a vested interest such as builders, the answer given is often that you cannot lose money in bricks and mortar. However, is that really the case? In this time of economic instability, the answer to this is not necessarily - unless you live in a "property hot spot" of Mayfair or Sandbanks in Dorset for example.
Take a loft conversion as a typical home improvement project for example. With stringent building regulations in place (they are there to protect you, your property and the public at large), it can often be found that the monetary value gained would only cover half the cost of the work. When measured against house prices in that area, the proposal was not financially viable.
If you are thinking about undertaking a project, one way to get a rough idea of what your extension would be worth is to simply call an estate local to you who can assist with a valuation. Through their local knowledge and experience, the agent will be able to inform your decision as to whether to move or simply improve. If the decision is to move, the agent will be only too pleased to market your home on your behalf. If you decide to stay and improve, please feel free to approach our preferred partners who can assist with the improvement works.
