Home Extensions and Renovations

November 6, 2017 Posted by kyu7

With today’s current economic climate a recent trend has been emerging in the home improvements department. While house sales have drastically been reduced, the home improvement market has hit all time highs as homeowners decide to simply participate in having home extensions and renovations done instead of risking moving house.

With house prices hitting new lows after being so high just a couple of years previously, many people lost thousands of pounds by purchasing a home only for the value to drop nearly overnight. People have become wary of the housing market and its lack of stability, so instead of risking this happening to them by selling their home and buying a new one they have instead sensibly decided that by having a home extension and renovation they can instead add value to their house.

By having an extension made to your own home you are making a very shrewd investment as you can only add value to a home by adding to it. You will be adding to the square footage of your property, and many families like to buy a property which is if anything too big, as they have the room for expansion should they decide to try for a baby or should they decide that they will require extra space. So by having a larger house you are already adding value to your home. Not only this but you are going to make your home more comfortable and enjoyable to live in. It can be a very satisfactory feeling to know that you have made your own home extension, and not many people get the chance to physically make part of their home. It can be the perfect way to hone your own DIY skills too, working on your own little project as and when it suits you in your own time.

Home renovations can be another very simple and inexpensive way to add a huge amount of value to your property. Again with the current credit crunch people simply can’t afford to buy the home of their dreams, so instead they are embracing their creative side and deciding to renovate their current home. You can see how popular this market is by simply turning on your television on a typical day – there are so many home improvement programs and even channels dedicated to home improvement and renovation. The great thing about renovating your home is that you don’t really need any skills to do it – you just need to decide on a style and with basic knowledge of painting and decorating you can go ahead and renovate any part of your home. Home renovation is usually an on-going side project for many families, with some people constantly upgrading the quality of their home by buying new stylish furniture and by keeping up with the latest trends. All of this will add great value to your house should you ever wish to sell, as people will be greatly impressed by a house that looks good inside as well as outside and so they will be willing to part with more money to purchase the property.

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