Tips to do to increase my Property value

adviceforeveryone

jimbog said:

maydin said:

_Penny_Dreadful said:

maydin said:

I am planning to do some small renovations to increase the value of the property:
I am planning to do the following:
1) I am planning to install a new oak engineered flooring as I have realized that there is a big difference in terms of pricing, with some lower end range cost approx. around 30 GBP per square meter and higher end around 60 GBP+. I have a house of approx. 75 sqm sqm excluding bathroom.
My first question:
Can I do a tongue and groove flooring job DIY or I have to seek for a professional fitter? If I seek for a professional fitter, how much is he going to charge me, provided that the flooring is already oiled?
Do you think that this investment would be worth it and do you think that this will have a positive impact on the valuation of the property? Can you Please advice?
What are the advantages of putting solid oak engineered flooring?

It's going to make SFA difference to the value of your property.  To increase the value over and above regular HPI you need to increase the size e.g. add an extension or make the unmortgageable mortgageable. 

But how much will the SFA change, i.e. will the change in terms of the SFA be higher than the cost of material + labor?

Will i be able to DIY this project? If not how much are the fitting costs?

My understanding of ‘SFA’ is different from yours

Exactly what I thought lol 

Sarah1Mitty2

In a falling market it is going to be very very hard to increase the value, sell it as is and price it sensibly are your best bets.