Increase the value of your property with Electric Heating

0016833216 (Mathew Russell) — Mon, 24 Apr 2017 15:11:10 GMT

Improving your home's market value

Price and location are usually the key factors for potential buyers searching for a new home but there are two other considerations that also rank highly: condition and energy efficiency.

Many properties can be on the market at a fair and reasonable price but ensuring this is achieved and the property is not on the market for years can actually be much more of a struggle then you might think.

In Cornwall the average property currently takes 137 days to sell [i] and last year over a third of the properties on the UK market were discounted prior to selling with an average discount of 7.61% [ii] .

So what improvements can you make to add value to your home?

Properties presented in tip-top shape that sparkle and shine sell much faster than those that need repairs or are cluttered. Most home-buyers need to imagine themselves living in your property and that's harder to do if all they can see is mess and urgent improvements. As well as the simple solution of keeping your property clean and tidy you can also make small upgrades such as modernising your lighting with LED's, or adding a stylish electric towel rail in your bathroom.

Upgrading your heating system is a great way to modernise the whole property as well as improving its energy efficiency - a definite win win! Modern electric radiators , for example, are so sleek and stylish that they are no longer a mere necessity but rather an item that can complement your furniture and lighting fixtures to improve the overall look and feel of your home. Add this to the convenience of an easy to understand programmable radiator (or even a smart heater you can operate from your mobile phone or tablet) and an incredibly accurate thermostat of ±0.10C, and an upgrade of your homes heating system can significantly contribute to a buyer's perception of the convenience of living in your home.

What are the costs of home improvements that increase property value?

A loft conversion, average cost of between £15,000 - £40,000, with 10% value added
A garage conversion, average cost of between £10,000 - £15,000, with up to 15% value added (dependant on square footage)
A new kitchen, average cost of between £8,000 - £15,000, with 5.8% value added
A new conservatory, average cost of between £4,000 - £10,000, with 5% value added
EPC rating improvements, varying costs, with 6% value added, eg:
- A new central heating system, average cost of £3,235 with 5.4% value added

How easy is it to have electric heating installed?

Much easier than you may think! A project undertaken by MJR Group SW recently to upgrade a 3 bedroom property's whole house heating system took only 1 day to complete - and that included removing and disposing of the old heaters! The customer is more than happy with her new energy efficient heating and it has reduced her EPC rating, so she will not only save money on her bills now, but her home is also a more valuable and marketable asset.

Want to know more?

Contact us today for a free, no-obligations site visit by our heating expert who will answer your questions and assess your property to ensure our heating installation quote will give you the electric heating system you both want and need!

[i] [i] www.home.co.uk

[ii] www.zoopla.co.uk

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Increase the value of your property with Electric Heating

Improving your home's market value