House prices rise again! Consider home improvement at your place now …to add value …and move home later! 

More news just out suggests, yet again, that moving home is a tough call right now and something to be avoided perhaps, if possible, in these testing, cost of living, financially-pressured times. 

Right now, the average house price has just risen for the eleventh consecutive month. The Halifax Building Society has indicated that prices increased by 1.0% in May. The current average house price record is now £289,099….. and down here, where we at Mint are located, in the South West, you’ll find the highest house-price inflation in the UK. 

edging downwards 

But, having said this, the experts looking ahead, do indicate that house price inflation may be edging downwards and although it remains in double-digits, there are views that a slight price slowing may be starting to emerge.

extend or improve’ for now 

This further developing scenario, highlights, to an extent, the issues that we at Mint have been posting a good deal about here on this blog recently – namely, the advantage of considering a home extension or improvement going forward for now, instead of pressing on with a home move.

 clever choice

A project for extra space at home, that is needed and indeed desired, is THE clever choice perhaps, in order to avoid the pressures of the current revved-up housing market where all round prices have been rising as fast as they have for years. 

tough 

And that’s not all of it either, the general financial climate and the cost of living is as tough as it has been for years – yet another aspect of the outlook which surely must be considered when it comes to an expensive ‘full-on’ home move?

life-improving 

So, we at Mint would confidently go on maintaining that for now – in terms of improving life at your home for the family – an extension build or renovation now and in the nearer future, is still very much THE better way forward perhaps as opposed selling up and moving. Good luck with your home project!

We at Mint Builders are, of course, here to help locally with all kinds of questions and ideas relating to all your new home extensions or renovations.  We can also assist as well with all 2022 and 2023 priority planning and organisation of your home extension or renovation for all numerous areas and spaces within and around your home.

Feel free to request our project planning and quotation visit to refurbish or extend your home for more energy saving ‘liveability’ and increased future sales value. Contact Mint Builders on 07734 211958 or email mintbuilders@hotmail.co.uk