Gloucestershire homebuyers average over £10K on renovations

Gloucestershire homebuyers average over £10K on renovations

Moving home is an exciting time, whether you are moving into your first property, upgrading or downsizing. Although it is said that people know within the first minute of walking into a property whether it is right for them, many also feel the need to stamp their identity on their new home with some renovations.

Gloucestershire homebuyers

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In fact, homebuyers spend an average of £10,010 on renovations and redecorating their home within the first year of moving in, according to research by insurance company Aviva.

The study showed that 47 per cent of people redecorated their bathrooms and 43 per cent revamped the living rooms. Installing new kitchens and bathrooms were also popular choices.

When you consider that about 679,000 property owners move every year, that makes the DIY and decorating business a major player in the British economy. In fact, £6.8 billion is spent by people moving home without considering the money spent by other homeowners investing in a makeover.

A house is likely to be the biggest expense for most people, so it makes sense to invest in it to keep it looking fresh and add to your investment.

Renovations add value and look good

Many renovations can add value to your home and make it look better. Improving the kitchen is one way to immediately add value to your home.

The kitchen and bathroom are often seen as the most important rooms in a house, so it is wise to invest in these areas. It is important that they don’t look dated; even a coat of paint or new units will spruce the room up without busting the budget.

If you need more space but don’t want to move house, a single-storey extension or loft conversion will also add value.

Electric gates make a great first impression

Another striking feature for a home that can make a great first impression is installing electric gates.

This is becoming an increasing popular choice in many areas. The market for automatic gates is increasing by 30 per cent a year, according to a report in The Telegraph.

For a Gloucester electric gate company, you can look at installing electric gates through Proton Access Control or other firms.

The stylish gates add security and comfort because you do not need to get out of your car to open them.

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