Adding Value It is easy to get carried away with a new kitchen, bathroom or conservatory while neglecting other areas of a property. For example, if you have a roof that is leaking and is causing damp walls and rotting the timbers, it is important to make sure these essential repairs are done first.
Otherwise they will cost you more in the long run and may make your new improvements worthless. The following three basic 'rules of thumb' will help to at least maintain, and hopefully add value to, your home:
Kitchens and bathrooms are an important addition to a property's value as long as you spend an average amount rather than splash out on the equivalent of a Greek spa when the property is only worth £100,000. Fitting a good quality new kitchen and bathroom can add 10 per cent to the property's value.
This is particularly true if the new kitchen fits in either with the character of the property - for example, a Victorian house - or with the latest trends, such as granite surfaces, self-shutting and deep and wide drawers, or drop-down televisions.
Finally, when looking at adding value, many people forget that a family-friendly, easy-to-maintain garden can now add approximately 15 per cent to a property's value. Again, it needs to be in keeping with the type of property and its ceiling value. Even if you only have a small concrete courtyard, you can still enhance its look and appeal with a few well-placed flowerpots and a small water feature
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