Finance News:

Opening up space adds value to your property


Expanding the space available in your home is a good way to add value to the property.

According to Lulu Egerton of property consultants Strutt & Parker Lane Fox, those looking to purchase a home view space as a main priority.

She asserted: "Space is one of the most sought after commodities that house buyers are looking for."

Ms Egerton said that homeowners were finding many inventive ways to expand their homes.

"Nowadays people are becoming much more creative on how best to open up their space internally, whether it be to create basements or extend existing basements, digging down and out to create under floor vaults and under pavements cellars."

She also mentioned that people could utilise "every inch of space possible" in under stair cupboards.

By taking steps such as these, homeowners could boost their property value and ensure that it is more appealing to potential buyers, particularly families.


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