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Thursday, June 26, 2008

Home improvements can still add value

Home improvements is still an effective way to add value to your property despite the recent downturn in the property market.

The most prudent home improvements for homeowners to undertake are a loft conversion, building an extension and adding a conservatory.

These improvements add an average of £22,898, £19,800 and £12,229 to a property's asking price respectively.

Green improvements such as solar panels are deemed to add only around £1500 to the value of a home.

With the current housing market, more and more people are looking to improve their home rater than move.

Region, type of property and location are all factors which will determine which improvement is best for a property.

If you have any questions regarding this article or others like it, please feel free to contact Solution Mortgages on 0845 123 1260.