Sunday, Dec 13, 2009

How to make your home even more unaffordable

MSN Money: How to add £70,000 to the value of your home

Despite the recent bounce, house prices are still down more than £25,000 from their peak in October 2007. But with a bit of hard work, you can make most of that back. These eight improvements will add £69,265 to your home's value according to a survey by Halifax, £20,000 of which is profit.

Posted by novice pete @ 04:45 PM (2087 views)
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1. paul said...

Oh, hang on! I know this one ... a hallway mirror and a lick magnolia paint, rright ... ?

Sunday, December 13, 2009 05:01PM Report Comment

2. montesquieu said...

they haven't gone away you know ...

Sunday, December 13, 2009 05:05PM Report Comment

3. rumble said...

Cushions, Paul! Don't forget the cushions!

Sunday, December 13, 2009 05:15PM Report Comment

4. novice pete said...


Sunday, December 13, 2009 06:35PM Report Comment

5. tyrellcorporation said...

What about some of that weirdly lurid boutique hotel wallpaper? Just on one wall mind you so it makes a style statement. Oh, and when a hapless buyer comes round and is seduced by your 'makeover' you can whitter on ad-nauseam about 'what a wondeful space' you've created by painting a room white.

Bluddy hell, I almost forgot, put a pile of logs end-on into your disused fireplace. It's a way of feeling at one with nature whilst maintaining your contemporary urban chic-ness. Marie Antoinette would be proud.

Sunday, December 13, 2009 07:18PM Report Comment

6. paul said...

Sunday, December 13, 2009 08:03PM Report Comment

7. markj69 str05 said...

Perhaps someone's invented a candle giving off the odour of 'Freshly backed bread'. It's going to be a great little money earner.

Sunday, December 13, 2009 08:21PM Report Comment

8. markj69 str05 said...

baked - oops.

Sunday, December 13, 2009 08:22PM Report Comment

9. novice pete said...

Ah! The smell of freshly baked bread, who could forget that little number. Maybe adds £1000 or more. Yes more, How's bout £3000

Here is an oldie for you guyzzzzz! (sorry got ztuart lawzzzz thang going there!)

bit jumpy but still great.

Sunday, December 13, 2009 08:34PM Report Comment

10. yorkshireman said...

Sounds like a great way to make some easy money to me. Anyone care to give me a loan ?

I'll go 50/50 on the profits, which are of course yet to materialise.

Sunday, December 13, 2009 08:54PM Report Comment

11. markj69 str05 said...


I'm sure you'll get a bank loan no problem. Let's face it it'll be no risk lending. You default, and the bank will no doubt claim against some gov't guaranteed QE scheme. They probably won't even kick you out.

Sunday, December 13, 2009 09:11PM Report Comment

12. Mick Rupert said...

Can't believe nobody has uttered my personal favourite before viewings: DECLUTTER !!

Er, also known as tidy up and get rid of your ridiculous junk. Tee-hee.

Sunday, December 13, 2009 11:05PM Report Comment

13. a saver said...

I've told my bro he'd be far better paying down his mortgage, as he has less than 20% equity, but would he listen? It's still four holidays a year and lots of extravagant home improvements to 'invest in their home'.

Monday, December 14, 2009 08:51AM Report Comment

14. ontheotherhand said...

"Does Home Improvement work? It's a simple fact, consistently confirmed across the UK over a very long period of time, that even the most appropriate major improvements are unlikely to return their full cost if a house is sold within two or three years." OR see how specific jobs return less than cost

Monday, December 14, 2009 11:58AM Report Comment

15. Neil B said...

So after you spend 20k that you cant afford on your house, who can get a mortgage to buy it anyway?

Monday, December 14, 2009 12:56PM Report Comment

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