Home Life & Style House prices: Simple renovation can boost value of home by £6,000 -...

House prices: Simple renovation can boost value of home by £6,000 – expert issues warning

They said a loft conversion could add as much as £25,700 to the value of a house.

However, completing the works costs an average of £29,000 meaning homeowners would actually lose £3,300.

Founder and managing director of Yes Homebuyers Matthew Cooper said: “All too often home sellers will look to improve their property ahead of a sale with the goal of recouping this cost and more with a higher sold price.

“However, this doesn’t always work out as planned and it’s important to understand what will add value in the eyes of potential buyers and the cost of these improvements versus the return you’ll gain.


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