Calculate the Potential Profit of Renovating Your Home

Refreshing your home by updating the interior and exterior is a great way to add value to your house, and there are numerous renovations to consider as the costs for each will vary. Calculating the price will also help determine how much value will be added to your home, as well as the profit you will make off each renovation. This is important in deciding the home improvements that are appropriate for what your end goal and budget.

Décor is a major part of a home to keep the interior up to date with wallpaper, paint, decorations and flooring. Updating the flooring of a home by replacing old carpet can greatly improve the interior while also making the home more attractive for you and your family. For instance, if you have a home value of £300,000, updating the flooring can potentially increase your home’s value by £3,000. There are many different rug designs and picking one that’s right for your style will help make your house a home.

To check different renovation options, check out Sainsbury’s Bank home renovation calculator.