With spring around the corner, you might be looking for ways to freshen up your home.
No matter what your short or long-term plans are for the property market, you will find that redecorating is a smart idea. If you want to connect with likely buyers, there is a lot you can to make positive changes in your house.
As local housing market specialists in Newton-le-Willows, Fraser Reeves is ideally placed to help you connect with willing buyers. If you are keen to make positive changes in 2022, contact us, and we will be more than happy to assist you.
What home improvements are planned?
GetAgent has carried out a study amongst homeowners, looking at the changes they wish to make to their home in 2022.
69% of people who have bought a property in the last six months intend to carry out home improvements. 52% of respondents said they plan to undertake minor aesthetics around the house. 17% of property owners who responded are committed to a significant project, such as an extension.
The rooms most likely to be focused on are:
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The kitchen, which was the leading option cited by homeowners when discussing makeover plans
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The garden was a popular choice when it comes to brightening up a property
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Bedrooms were a common option when it comes to freshening a home
The next selections were bathroom, living room and external spaces.
The most commonly cited home improvement task was painting a room, with installing new flooring a close second. A lot of people said they intend to landscape their garden, and many homeowners plan to introduce new furniture to their home. You won’t be surprised to hear many people intend to add new appliances to their home as part of the overall improvement process.
How much are homeowners willing to spend on improving their home?
33% of respondents said they have a budget of between £500 and £1,000 for home improvements. 11% of homeowners have a budget of at least £20,000.
Of course, no matter what your budget is, it is vital that you attempt to get value for money. This doesn’t necessarily mean buying the cheapest materials, but you should look for materials which will provide you with a genuine return on your outlay.
We know the local market, and this includes what prospective homebuyers in Newton-le-Willows are looking for. If you need any assistance in connecting with property buyers, we can assist you.
Colby Short is the founder and CEO of GetAgent.co.uk, and he has been quoted by Property Reporter as saying; “Home improvements are part and parcel of homeownership and January is often the time we sit down and think about what changes we want to make to our home. Whether you’re painting the bedroom or adding an extension, the key to success is planning and determination to follow through with those plans. There will always be some unexpected costs so budgeting a little extra is advised but at the very least you should get a full view of costs and times before undertaking any project to avoid months on end of living in a half-finished house.”
Colby Short concluded by saying; “It’s also important to note that the cost of materials has climbed substantially while the availability of tradespeople has dwindled due to high demand. So you might not be able to get your home improvements sorted as soon as you planned or for the cost you originally expected.”
Contact Fraser Reeves for all your Newton-le-Willows property needs
As local agents in Newton-le-Willows, we are keen to support vendors, buyers and landlords in the area as best we can. We offer an extensive range of services, aimed at helping you make your next move with confidence.
If you would like to arrange a property valuation, or discuss your property options, please call Fraser Reeves on 01925 222555.
