Bathroom Renovations Improve Home Sales In Tightening Mortgage Market
Family owned bathrooms retailer Bella Bathrooms has today advised home vendors in the current property market to consider bathroom renovations as an easy way to distinguish their property, add value and attract prospective buyers.
County Durham, UK (25 August 2008) – Family owned bathroom retailer Bella Bathrooms (www.bellabathrooms.co.uk/showers.html) has today advised those considering selling-up amidst the current economic climate to renovate and improve their existing bathrooms, in order to add value and distinguish their properties from the others available.
According to a Bella Bathrooms spokesperson, the proven effect of bathroom renovations on home sales is more important than ever in a competitive housing market, and crucial in securing a sale during a tightening economic climate.
James Chapman of Bella Bathrooms (www.bellabathrooms.co.uk/showers.html) told vendors of the importance of making an impression with prospective buyers in the current property market, and the impact of a bathroom renovation on a property’s prospects for sale.
“With the sale-side housing market becoming more competitive, everything that can add value to a property really counts. From interior design to adding extra rooms, working on your property is a crucial precursor to launching your home on the housing market.”
“According to recent statistics, bathroom renovations in line with contemporary styles can add as much as 19% to the final selling price of a given property, and substantially increases the chances of sale. Ultimately, bathrooms sell houses, and it’s important to have any possible edge over your competition to secure your sale, especially when mortgages are less freely available.”
The impact of bathroom renovations on final sale prices has been well documented, with some studies showing a potential 19% higher sales price for homes with contemporary styled bathroom fixtures and fittings, compared to those with older or outdated bathrooms.
The number of homes sold in England and Wales continued to fall last month, according to national and independent statistics, which some experts have attributed to a downturn in economic conditions and the mortgage market.
Bella Bathrooms (www.bellabathrooms.co.uk/showers.html) is a family run bathroom retailer, providing bathroom fixtures and fittings, including premium branded shower units at competitive prices. With a wide range of bathroom suites, shower cubicles and pumps, Bella Bathrooms offers a full range service for home improvements and bathroom renovations.
- Contact Information
- James Chapman
- Bella Bathrooms Ltd.
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