|
 |
How to add value
13 Jul 2010
Over time it is a good idea to spend on improvements to your property as this can add significantly to its value. BondBusters offers you 5 tips on how to do this:
1. When you're planning your budget, the last thing you want to do is spend money unnecessarily on your home. Therefore, research first which home improvements will boost your home's value and which won’t. That way, every cent spent will be spent wisely. Enquire from estate agents in your area what most home buyers are looking for, this will ensure that your improvements are in line with buyers desires.
2. If you can find the space for an en suite bathroom then do it. This could add up to five per cent more to the value of your home, as long as you don’t sacrifice a valuable bedroom for it. The best way to do this would be to steal unnecessary space from a large bedroom.
3. The best face lift your home can get is to replace those worn and shabby carpets, this will transform a room instantly. Try to avoid the current trend and rather go with something that won’t outdate. A classic neutral colour will never outdate.
4. A new kitchen is one of the best ways to boost your home’s value as this is one of the first things a serious buyer will look at when considering your property as an investment. Replacing old kitchen cupboards and old appliances with new, good quality appliances will go a long way to giving your kitchen that just-renovated feel, but at a fraction of the cost. Especially if you just revamp the old cupboards. Many families see the kitchen as the heart of their home and understandably want a good kitchen. Updating an older kitchen is one of the most valuable remodelling projects you can do. If you sell the home in the not-too-distant future, you stand a good chance of recouping nearly all of your remodelling investment on this project (in some cases, you can even make a profit!).
5. Don’t over-capitalise! Over-capitalisation occurs when homeowners develop their property to the point where the cost of renovations added to the original cost of the home exceed the current market value of the property.
|
|
 |
Submit an online application in
a few easy steps!
Read more...
|
 |
 |
BondBusters is a member of the IDM Group.
IDM offers integrated financial consultation to consumers on their debt matters by facilitating intelligent solutions between lenders and borrowers.
IDM - Your partner in choosing the right debt solution.
Read more...
|
|
Credit card expenses
