Home improvements translating into value?

unfocus

https://forums.moneysavingexpert.com/discussion/comment/82129696#Comment_82129696

Interesting - so there's not a chance people would offer more on a property that's freshly rendered than one where it's crumbling and dirty? Rendering needing done was certainly a consideration of ours when deciding how much to offer.

Jude57

Watching the property show with Kirstie and Phil last night, she summed it up perfectly in my opinion. She said something like "if you spend £100,000 you're not going to be adding £100,000 to the value and spending more than the top sale price of similar properties in the area is unlikely to get that money back". It seems obvious but I'm surprised at how much friends have spent doing up their homes and are then shocked that their £60,000 kitchen hasn't increased their house's value by anywhere near £60,000.

unfocus

https://forums.moneysavingexpert.com/discussion/comment/82129926#Comment_82129926

I'm not bad tempered! I'm just responding to what I get. Perhaps you're the one trying to guess what's in my head rather than taking what's said at face value.Text is rarely an accurate representation of tone.

It's as much info as I'm willing to put across and for people who know the greater Glasgow area, they'll know that a town with good schools and quick links into the city centre isn't overly common among those bordering the city.

unfocus

https://forums.moneysavingexpert.com/discussion/comment/82129935#Comment_82129935

Yeah, I don't necessarily expect to make back as much as I spend. It's why I asked about adding value to the property, rather than making a profit. It's an important distinction and I perhaps should have made it clearer. For example, if I spend 10k on improvements and the value is increased by 5k I'd see that as having spent 5k on something that's made it a nicer home for me for the time I'm there. Hope that makes sense.

RelievedSheff

I'm guessing that the answers you are getting are not what you wanted to hear given your ill mannered responses?

RelievedSheff

A freshly rendered property may have more kerb appeal but it is unlikely to add any value. At best it may make it sell more quickly.

Render is a maintenance job not an improvement.

unfocus

https://forums.moneysavingexpert.com/discussion/comment/82129952#Comment_82129952

I wanted to hear from people who actually know and can comment on property values in the area, not people telling me it's my home and I should do what I want (because I already know that). I think I've been perfectly polite though, despite a couple of people obviously trolling!

Albermarle

https://forums.moneysavingexpert.com/discussion/comment/82129958#Comment_82129958

Just read the whole thread and did not see any sign of trolling. It is actually quite rare on this forum.

You are asking for free advice from strangers- so you can not really complain if not all the answers fit your exact criteria of how the answers should be.

If you were paying a professional for advice it would be different, as you would be a client.

artyboy

Next stop: Locksville

unfocus

https://forums.moneysavingexpert.com/discussion/comment/82129968#Comment_82129968

I tell enough about the area that people who understand the property market in the area will know (I bet an estate agent based in Glasgow could tell you the town I'm referring to, even). I gave a floor plan as extra info - the info in my text should be enough but the layout of floorplan might help visualise. It's what the estate agent has provided and I haven't any other floorplan.

'I really don't understand…' - people who don't understand based on my info can simply move on, or ask for more info if they're really interested.