New budgeting app for renovators
A new tool lets homeowners estimate the added value of renovations. The handy online calculator by Towergate Property Insurance allows Britons to input the dwelling’s market price to find out which renovations to pursue based on their budget, local average price increases and build costs. Calculations show adding a garage could see value increase by 20%, while opting for enviromentally-friendly standards could up it by 14%. “Adding more square footage will normally always come out on top,” says Claire Gardner from TPI.