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Home improvement: How to add value to your home?

By Mike Wheatley | October 5, 2016

Pretty much any home has room for improvement, but where’s the best place to start if you’re looking to add value or boost its appeal? Is an outdoor pool really going to reel in prospective buyers, or will it put them off. Does a loft conversion add to its value or take away from it?

It’s important to know which improvements are likely to have the desired impact before you go blowing your renovation budget, which is where the infographic below could come in handy. Tile Mountain created the infographic reference guide for common home improvements based on the median home price across three key markets in Australia, the U.K., and the U.S. to help illustrate the impact your upgrades and refits could have.

Not surprisingly, the impact of your home improvements depends to a large extent on where you live – for example, with Australia being blessed by sunny weather all year round, most homebuyers would appreciate extra efforts being made on the outdoor space. Meanwhile in the U.K., where parking space is often very limited, building a driveway if you don’t already have one makes a lot of sense. For those in the U.S., a lot depends on where you live, but Tile Mountain’s research shows that a kitchen improvement is one sure way to make your home more attractive.

Check out the infographic below for more!


Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at [email protected].
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