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How to add £10,000 to the value of your house |
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April 2007 |
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People selling their homes can easily add £10,000 to the asking price - using simple methods revealed by professional property developers. |
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Experts on property website www.PublicAngel.com have issued their top six tips for boosting the price of a house. |
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Public Angel's Nilesh Gohil said: "These are simple methods used by professional property developers to get the money back on their investment. There are very few houses that won't benefit from one of these methods. In fact, sometimes you can combine two or three of them to add more than £10,000 to the asking price". |
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The expert tips are: |
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6. Add a bedroom: A third bedroom will turn a house that's perfect for a couple, into a house that's perfect for a family - instantly boosting the value. If the bedroom is added by building an extension, this will increase the floor space to the property and push the value up even more. |
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5. Add another bathroom: Again this makes the house more desirable to families. A three bedroom house is a lot more desirable with two bathrooms rather than one. |
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4. Add a conservatory: This has two major benefits - you make the garden look better from inside the house, plus you add more living space. |
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3. Add an extension: A no-brainer as it makes your house bigger. While this is the most expensive and time consuming option, for some homes it can add a lot more than £10,000. A good architect will tell you how much value an extension could add. |
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2. Modernise: Add double glazing, central heating, a new kitchen or bathroom and bring your home up-to-date. Some of these will only cost a few thousand, but can make your home more desirable pushing its value up. A modernised home will give the impression the property is low maintenance, and as a result can help in a speedy sale. |
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1. Stage your home: A home tastefully staged will usually sell for more money than a similar empty property. Quality furniture, curtains, dining table and chairs, and 3 piece suites will help a potential buyer to imagine themselves living there comfortably. |
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Nilesh added: "Of course you should get professional advice from a local estate agent before starting any work, as every property is different. But there are few houses that won't benefit from at least one of these methods". |
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