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Home Improvements - The True Worth



07/10/2007 16:38:01

Home Improvement Secured Loans are still as popular as ever as people try and improve their current property rather than incure the costs of moving home.

When you are looking to improve the value of your home then look no further than a Loft Conversion - they add more value to homes than any other improvement.

However, most homeowners do not realise this. Homeowners tend to think that the best way to increase the value of their property is by getting a new kitchen or bathroom.

Recent research saw estate agents saying that converting an attic or loft would add £22,300 to the value of the average home and £45,000 to the value of a home in London.

Next top improvement is extending a room in your home - increasing house prices by an average of £19,271.

The most popular home improvements are adding a new kitchen or bathroom - despite this only increasing the value of the average property by £8,250 and £5,155 respectively.

Top 10 Home Improvements by Value:

1   -   Loft Conversions - £22,300

2   -   Add an Extension - £19,271

3   -   Build a Conservatory - £11,904

4   -   New Kitchen - £8,250

5   -   Add Central Heating - £6,147

6   -   Windows - £5,239

7   -   New Bathroom - £5,155

8   -   Redecorate - £4,576

9   -   Resurface Driveway - £3,928

10   -   Add Decking to Garden - £3,617

 





Written by Chris Burgoyne of Loan Machine Secured Loans
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS SECURED ON YOUR HOME.