Turning Your Property into a Hot Property with a New Boiler Installation London
It is common for homeowners to think that bigger home improvements result in increased value of your property. Contrary to this misunderstanding, major home extensions such as a new bedroom or loft conversion generally end up costing more than the value they add. On the other hand, a recent study has shown that a new boiler installation London is the most profitable home improvement you can make.
The Facts and Figures:-
Of course, there are several factors that affect the actual profit such as the type and brand of boiler installed and the current value of your property. However, it can be estimated at a new boiler installation London of around £2000 may add up to £8,000 to your property. For a £6000 profit, a new boiler seems like an obvious choice.
On the other hand, building a home extension can cost as much as £48,000. Such an investment may only add £30,000 to your property representing a loss of £18,000. Similarly, a new bedroom can cost up to £22,500 but yield only £6,000 in profit.
Why the Considerable Difference?
It all comes to personal preference and personal taste. Your home extensions represent your taste, but that may not be how potential buyers see it. On the other hand, if a new boiler is doing its job efficiently people don’t really care what it looks like and it will be out of sight anyway. In contrast, home buyers are very passionate about the layout and décor of the living spaces and they may not necessarily like what you have done with the property.
If you are thinking about selling your home, you can invest in a new boiler installation London to raise your property value. For expert services and advice contact Delta Plumbers today.